Ascent Industries (NASDAQ: ACNT) director granted 4,415 shares of common stock
Rhea-AI Filing Summary
Rosenzweig Benjamin L reported acquisition or exercise transactions in this Form 4 filing.
ASCENT INDUSTRIES CO. director Benjamin L. Rosenzweig received a grant of 4,415 shares of common stock, valued at $13.59 per share. The award increases his direct holdings to 7,213 shares. According to the terms, the granted shares vest in quarterly installments of 25% beginning from the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,415 shares
Net Buy
1 txn
Insider
Rosenzweig Benjamin L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,415 | $13.59 | $60K |
Holdings After Transaction:
Common Stock — 7,213 shares (Direct)
Footnotes (1)
- F1. Shares vest in quarterly installments of 25% beginning from date of grant.
Key Figures
Stock grant size: 4,415 shares
Grant price per share: $13.59 per share
Shares held after grant: 7,213 shares
+1 more
4 metrics
Stock grant size
4,415 shares
Common stock award to director Benjamin L. Rosenzweig
Grant price per share
$13.59 per share
Valuation used for the 4,415-share grant
Shares held after grant
7,213 shares
Rosenzweig’s direct common stock holdings post-transaction
Vesting schedule
25% quarterly
Grant vests in four quarterly installments from grant date
Key Terms
Grant, award, or other acquisition, Common Stock, vest in quarterly installments, Form 4
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.
vest in quarterly installments financial
"Shares vest in quarterly installments of 25% beginning from date of grant."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ACNT director Benjamin Rosenzweig report?
Benjamin L. Rosenzweig reported receiving 4,415 shares of ASCENT INDUSTRIES CO. common stock as an equity grant. The transaction is coded as a grant, award, or other acquisition rather than an open-market purchase or sale.
At what price was Benjamin Rosenzweig’s ACNT stock grant valued?
The 4,415-share grant to Benjamin L. Rosenzweig was valued at $13.59 per share. This figure represents the transaction price per share reported for the award of ASCENT INDUSTRIES CO. common stock.
Was Benjamin Rosenzweig’s ACNT transaction a market buy or sell?
The transaction was not a market buy or sell; it is coded as a grant, award, or other acquisition. Rosenzweig received 4,415 ASCENT INDUSTRIES CO. shares as compensation, increasing his direct holdings to 7,213 shares.