Adient (NYSE: ADNT) director granted 8,208 shares as compensation
Rhea-AI Filing Summary
SAMARDZICH BARB J reported acquisition or exercise transactions in this Form 4 filing.
Adient plc director Barb J. Samardzich received a grant of 8,208 Ordinary Shares as compensation for board service under the Adient plc 2021 Omnibus Incentive Plan. The shares were awarded at no cash cost per share. Following this grant, she directly holds a total of 58,596.182 Ordinary Shares.
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FAQ
What insider transaction did Adient (ADNT) report in this Form 4?
The Form 4 reports that director Barb J. Samardzich received a grant of 8,208 Adient ordinary shares. These shares were awarded as equity compensation for her service on the board, rather than through an open-market purchase.
How many Adient (ADNT) shares does the director hold after this grant?
After the grant, director Barb J. Samardzich directly holds 58,596.182 ordinary shares of Adient. This total reflects her updated ownership position immediately following the compensation-related share award reported in the Form 4 filing.
Was the Adient (ADNT) share grant to the director a market purchase?
No. The 8,208 ordinary shares were delivered as compensation for service as a director under the Adient plc 2021 Omnibus Incentive Plan. The Form 4 shows a transaction price per share of $0.0000, indicating no cash market purchase.
What does transaction code "A" mean in the Adient (ADNT) Form 4?
Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of shares. In this case, it represents an equity award of 8,208 Adient ordinary shares granted to director Barb J. Samardzich as board compensation.
Is the Adient (ADNT) director’s share grant part of an incentive plan?
Yes. The footnote states the shares were delivered as compensation for service as a director under the Adient plc 2021 Omnibus Incentive Plan. This indicates the 8,208-share award is a structured element of the company’s long-term incentive program.