a.k.a. Brands Strengthens Board Alignment with New Director Stock Awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 Filing Details: Myles B. McCormick, Director of a.k.a. Brands Holding Corp (AKA), reported the acquisition of 5,852 Restricted Stock Units (RSUs) on June 18, 2025.
Transaction Specifics:
- RSUs were granted at $0 cost
- Each RSU converts to one share of common stock
- Full vesting scheduled for June 1, 2026
- Following the transaction, McCormick directly owns 28,270 shares
This equity compensation grant appears to be part of the company's director compensation program. The RSUs represent deferred stock compensation, aligning the director's interests with shareholders through a one-year vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCCORMICK MYLES B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.001 par value per share | 5,852 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.001 par value per share — 28,270 shares (Direct)
Footnotes (1)
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FAQ
How many RSUs did AKA director Myles McCormick receive in June 2025?
According to the Form 4 filing, Myles McCormick received 5,852 Restricted Stock Units (RSUs) on June 18, 2025. Each RSU represents the right to receive one share of AKA common stock.
When do Myles McCormick's AKA RSUs vest?
The RSUs granted to McCormick are scheduled to vest on June 1, 2026, as disclosed in the footnotes of the Form 4 filing.
What is the exercise price of Myles McCormick's RSUs for AKA stock?
The RSUs were granted at $0 cost to McCormick, as shown in Table I of the Form 4 filing under the 'Price' column for the transaction.
What position does Myles McCormick hold at AKA Brands?
According to the Form 4 filing, Myles McCormick serves as a Director of a.k.a. Brands Holding Corp., as indicated by the 'X' marked in the Director box under Section 5 of the form.