ABM Industries (ABM) director awarded 3,996 RSUs in annual stock grant
Rhea-AI Filing Summary
ABM Industries director Allen Quincy L received an annual equity award in the form of restricted stock units. On January 6, 2026, he was granted 3,996 RSUs tied to ABM common stock at a stated price of $0.0000 per share, reflecting a stock-based compensation grant rather than an open-market purchase. According to the disclosure, these RSUs were issued under the company’s 2021 Equity and Incentive Compensation Plan for non-employee directors and will vest on the first anniversary of the grant date, with dividend equivalent rights accruing during the period.
After this grant, Quincy’s beneficial ownership in ABM common stock is reported at 20,848 shares, which includes shares previously acquired through dividend reinvestment in transactions exempt from Section 16. The filing classifies his holdings as directly owned, emphasizing ongoing alignment between the director’s compensation and shareholder interests through equity-based awards.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did ABM (ABM) report for director Allen Quincy L?
ABM reported that director Allen Quincy L received an annual grant of 3,996 restricted stock units (RSUs) linked to ABM common stock on January 6, 2026. The grant price is shown as $0.0000 per share, indicating stock-based compensation rather than a cash purchase.
How many ABM (ABM) shares does Allen Quincy L beneficially own after this grant?
Following the reported RSU award, Allen Quincy L is shown as beneficially owning 20,848 shares of ABM common stock. This total includes shares acquired through dividend reinvestment in transactions exempt from Section 16 under Rule 16a-11.
What are the vesting terms of the RSUs granted to ABM director Allen Quincy L?
The filing states that all RSUs in this annual grant to non-employee directors vest on the first anniversary of the grant date. Until vesting, they represent a contingent right to receive ABM common stock.
Does the ABM (ABM) RSU grant to Allen Quincy L include dividend equivalent rights?
Yes. The disclosure notes that dividend equivalent rights (DERs) will accrue on the RSUs. This means that cash or stock equivalents tied to dividends on ABM common stock accumulate in connection with the unvested RSUs.
Under which plan were the ABM (ABM) RSUs for Allen Quincy L granted?
The 3,996 RSUs granted to director Allen Quincy L were issued under ABM’s 2021 Equity and Incentive Compensation Plan, as part of the company’s equity compensation program for non-employee directors.
Was the ABM (ABM) insider transaction a market purchase or a compensation award?
The transaction is coded as an acquisition (A) of common stock at a stated price of $0.0000 per share and described as an annual RSU grant to a non-employee director, indicating it is a stock-based compensation award, not an open-market trade.