Director Hutter of ASCENT INDUSTRIES CO. (ACNT) gets 4,231-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hutter Christopher Gerald reported acquisition or exercise transactions in this Form 4 filing.
ASCENT INDUSTRIES CO. director Christopher Gerald Hutter reported an equity award of common stock. He received a grant of 4,231 shares of Common Stock at $13.59 per share as a compensation-related award, not an open-market purchase or sale.
After this award, Hutter directly holds 215,846 common shares and indirectly holds 178,959 common shares through a revocable trust. According to the footnote, the granted shares vest in quarterly installments of 25% beginning from the grant date, so the award becomes fully available over time rather than immediately.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hutter Christopher Gerald
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,231 | $13.59 | $57K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 215,846 shares (Direct, null);
Common Stock — 178,959 shares (Indirect, Through Rev. Trust)
Footnotes (1)
- [object Object]
Key Figures
Equity award shares: 4,231 shares
Grant price: $13.59 per share
Direct holdings after grant: 215,846 shares
+2 more
5 metrics
Equity award shares
4,231 shares
Common Stock grant coded A
Grant price
$13.59 per share
Common Stock award price
Direct holdings after grant
215,846 shares
Common Stock held directly post-transaction
Indirect holdings through trust
178,959 shares
Common Stock held indirectly through revocable trust
Vesting cadence
25% per quarter
Award vests in quarterly installments from grant date
Key Terms
Grant, award, or other acquisition, Common Stock, Rev. Trust, vesting
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Rev. Trust financial
"nature_of_ownership: Through Rev. Trust"
vesting financial
"Shares vest in quarterly installments of 25% beginning from date of grant."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did ASCENT INDUSTRIES CO. (ACNT) report for Christopher Gerald Hutter?
ASCENT INDUSTRIES CO. reported that director Christopher Gerald Hutter received a grant of 4,231 shares of Common Stock. This is a compensation-related equity award, not an open-market trade, and was priced at $13.59 per share according to the Form 4 data.
Was the ACNT Form 4 transaction a stock purchase or sale by Christopher Gerald Hutter?
The Form 4 does not show an open-market buy or sell. Instead, it reports an equity award coded “A” for 4,231 Common Stock shares, described as a grant, award, or other acquisition, which is typically part of director or executive compensation.
What is the vesting schedule for Christopher Gerald Hutter’s new ACNT stock grant?
The footnote states that the awarded ASCENT INDUSTRIES CO. shares vest in quarterly installments of 25% beginning from the grant date. This means the 4,231-share grant becomes fully vested over four quarters rather than all at once.
How is indirect ownership reported for Christopher Gerald Hutter in the ACNT Form 4?
The Form 4 shows 178,959 ASCENT INDUSTRIES CO. common shares held indirectly, labeled as “Through Rev. Trust.” This indicates the shares are owned via a revocable trust structure, rather than directly in Hutter’s name, but are still attributed to him for reporting.