Director at ADTRAN (NASDAQ: ADTN) receives 4,399-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DelSanto Anne reported acquisition or exercise transactions in this Form 4 filing.
ADTRAN Holdings, Inc. director Anne DelSanto received a grant of 4,399 shares of Common Stock as a restricted stock award. The shares were granted at no cash cost and represent her entire reported direct holding of 4,399 shares after the transaction.
The award vests in full on the first anniversary of the grant date, meaning she must remain eligible through that date for the shares to fully vest. This is a compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DelSanto Anne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,399 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,399 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock award: 4,399 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 4,399 shares
+1 more
4 metrics
Restricted stock award
4,399 shares
Common Stock grant to director Anne DelSanto
Grant price per share
$0.0000 per share
Equity compensation, not a market purchase
Shares held after transaction
4,399 shares
Total reported direct holdings post-grant
Vesting schedule
One-year cliff vesting
Vests in full on first anniversary of grant
Key Terms
restricted stock award, vests in full, Common Stock, Grant, award, or other acquisition
4 terms
restricted stock award financial
"Represents a restricted stock award grant that vests in full on the first anniversary"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
vests in full financial
"grant that vests in full on the first anniversary of the date of grant"
Common Stock financial
"security_title: "Common Stock" in the reported transaction"
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did ADTRAN (ADTN) report for Anne DelSanto?
ADTRAN reported that director Anne DelSanto received a grant of 4,399 shares of Common Stock as a restricted stock award. The shares were issued at no cash cost as part of her equity compensation and represent her entire reported direct holding after the grant.
Is the Anne DelSanto Form 4 transaction for ADTRAN (ADTN) a stock purchase or a grant?
The Form 4 shows a stock grant, not an open-market purchase. DelSanto received 4,399 shares of Common Stock as a restricted stock award, coded as a grant or award acquisition, which is typical director compensation rather than a discretionary buy in the market.