ABM Industries (ABM) CEO discloses stock grants and tax-withheld shares
Rhea-AI Filing Summary
ABM Industries President and CEO Scott B. Salmirs reported multiple equity award and related share withholding transactions in common stock. On January 8, 2026, he acquired 62,571 shares at $0.0000 per share as restricted stock units granted under the 2021 Equity and Incentive Compensation Plan, which vest in three equal annual installments and settle in shares of common stock with dividend equivalents accruing. On January 10, 2026, he acquired an additional 60,869 shares at $0.0000 per share pursuant to the vesting of performance-based awards granted in January 2023 after satisfaction of specified performance criteria.
To cover obligations associated with these awards, Salmirs had shares withheld and disposed of under code F at $44.69 per share, including 15,272 shares on January 9, 2026 and 36,721 shares on January 10, 2026. Following the reported transactions, he directly beneficially owned 442,901 shares of ABM Industries common stock, which includes shares acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 60,869 | $0.00 | -- |
| Tax Withholding | Common Stock | 36,721 | $44.69 | $1.64M |
| Tax Withholding | Common Stock | 15,272 | $44.69 | $683K |
| Grant/Award | Common Stock | 62,571 | $0.00 | -- |
Footnotes (1)
- Restricted stock units (RSUs) granted under the 2021 Equity and Incentive Compensation Plan, representing a contingent right to receive shares of common stock. Such RSUs vest in three equal annual installments beginning a year from the grant date, and will settle in shares of common stock. Dividend equivalent rights will accrue. Represents shares of Issuer common stock acquired pursuant to vesting of relative-total stockholder return modified performance shares that were granted to the reporting person in January 2023 and have vested based upon the satisfaction of performance criteria specified for the award at the time of grant. Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.
FAQ
What insider activity did ABM (ABM) report for its CEO in this Form 4?
ABM reported that President and CEO Scott B. Salmirs acquired common stock through equity awards and had shares withheld to cover obligations. He received 62,571 restricted stock units on January 8, 2026 and 60,869 shares on January 10, 2026 from performance-based awards, and the company withheld 15,272 and 36,721 shares at $44.69 per share on January 9 and January 10, 2026, respectively.
What equity awards did the ABM (ABM) CEO receive in January 2026?
On January 8, 2026, the CEO received 62,571 restricted stock units under the 2021 Equity and Incentive Compensation Plan, which vest in three equal annual installments beginning one year from the grant date and settle in shares of common stock with dividend equivalent rights accruing. On January 10, 2026, he acquired 60,869 shares upon vesting of relative-total stockholder return modified performance shares granted in January 2023, based on satisfaction of the specified performance criteria.
What do the Form 4 transaction codes A and F mean for ABM (ABM)?
In this Form 4 for ABM Industries, transaction code A denotes shares acquired, including 62,571 restricted stock units on January 8, 2026 and 60,869 shares on January 10, 2026 from performance awards. Transaction code F indicates shares withheld by the issuer to pay obligations associated with these awards, including 15,272 and 36,721 shares at a price of $44.69 per share on January 9 and January 10, 2026.
How do the ABM (ABM) restricted stock units granted to the CEO vest?
The 62,571 restricted stock units granted to the CEO on January 8, 2026 vest in three equal annual installments beginning one year from the grant date. Once vested, they will settle in shares of ABM Industries common stock, and dividend equivalent rights will accrue on these units.