AKA Brands Strengthens Executive Retention with Major CFO Stock Award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 Filing Details: Kevin J. Grant, Chief Financial Officer of a.k.a. Brands Holding Corp (AKA), reported significant insider transactions on June 28, 2025.
Key Transaction Details:
- Acquired 17,500 Restricted Stock Units (RSUs) on June 18, 2025
- RSUs vest over a three-year period
- Each RSU converts to one share of common stock
- Transaction price: $0
Current Holdings: Following the transaction, Grant beneficially owns 80,760 shares directly, which includes 833 shares previously acquired through an employee stock purchase plan on May 30, 2025. This transaction demonstrates continued executive alignment with shareholder interests through equity-based compensation.
Positive
- CFO Kevin J. Grant received 17,500 RSUs as part of compensation plan, demonstrating company's commitment to executive retention and alignment with shareholder interests
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grant Kevin J.
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.001 par value per share | 17,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.001 par value per share — 80,760 shares (Direct)
Footnotes (1)
- The reporting person received Restricted Stock Units ("RSUs"), which vest over three years. Each RSU represents the right to receive one share of common stock. The shares reported in column 5 include 833 shares acquired on May 30, 2025 by exercising purchase rights granted through an employee stock purchase plan.
FAQ
How many RSUs did AKA's CFO Kevin Grant receive on June 18, 2025?
According to the Form 4 filing, AKA's Chief Financial Officer Kevin Grant received 17,500 Restricted Stock Units (RSUs) on June 18, 2025. Each RSU represents the right to receive one share of common stock, and these RSUs vest over a three-year period.
What was the purchase price of the RSUs granted to AKA's CFO in June 2025?
The RSUs were granted to Kevin Grant at $0 cost, as shown in the 'Price' column of Table I in the Form 4 filing. This is typical for RSU grants, which are awarded as part of executive compensation packages.
When did AKA's CFO Kevin Grant sign this Form 4 filing?
Kevin Grant signed this Form 4 filing on June 23, 2025, as indicated by his signature date at the bottom of the form. The filing was submitted to the SEC on June 28, 2025.
What is the vesting schedule for AKA CFO's June 2025 RSU grant?
According to the filing's explanatory notes, the 17,500 RSUs granted to Kevin Grant vest over a three-year period. However, the specific vesting dates or percentages are not detailed in the Form 4.