American Outdoor Brands CFO granted equity awards
Fulmer Hugh Andrew reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Fulmer Hugh Andrew reported acquisition or exercise transactions in this Form 4 filing.
American Outdoor Brands EVP and CFO Hugh Andrew Fulmer reported receiving new equity awards. He was granted 16,009 shares of common stock as restricted stock units at no cash cost, bringing his direct common stock holdings to 160,520 shares.
He also received 32,016 performance rights, each tied to one share of common stock and eligible to vest based on cumulative adjusted EBITDA and average return on invested capital over a three-year period, with an expiration date of May 27, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 48,025 shares
Grant/Award
2 txns
Insider
Fulmer Hugh Andrew
Role
EVP, CFO, Treasurer, and Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 32,016 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 16,009 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Rights — 32,016 contracts (Direct);
Common Stock — 160,520 shares (Direct)
Footnotes (2)
- F1. One third of the restricted stock units shall vest and be delivered, net of withholding, on May 27, 2027, May 1, 2028, and May 1, 2029.
- F2. Each performance right represents a contingent right to receive one share of the Issuer's stock. The performance rights vest based on cumulative adjusted EBITDA and average return on invested capital metrics over a three-year performance period. The number represents the maximum number of shares that may be delivered pursuant to the award, which is two times the target number of shares.
Key Figures
Restricted stock units granted: 16,009 shares
Common shares after grant: 160,520 shares
Performance rights granted: 32,016 rights
+4 more
7 metrics
Restricted stock units granted
16,009 shares
Common Stock award on May 27, 2026
Common shares after grant
160,520 shares
Direct holdings following restricted stock award
Performance rights granted
32,016 rights
Derivative award on May 27, 2026
Underlying common shares for rights
32,016 shares
Each performance right equals one common share
Performance rights expiration
May 27, 2029
Expiration date of performance rights award
Performance rights multiplier
2x target shares
Maximum shares deliverable relative to target
RSU vesting dates
May 27, 2027; May 1, 2028; May 1, 2029
Scheduled one-third vesting dates
Key Terms
restricted stock units, performance rights, cumulative adjusted EBITDA, average return on invested capital
4 terms
restricted stock units financial
"One third of the restricted stock units shall vest and be delivered..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance rights financial
"Each performance right represents a contingent right to receive one share..."
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
cumulative adjusted EBITDA financial
"The performance rights vest based on cumulative adjusted EBITDA and average return..."
average return on invested capital financial
"based on cumulative adjusted EBITDA and average return on invested capital metrics..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did AOUT EVP and CFO Hugh Andrew Fulmer receive?
Hugh Andrew Fulmer received 16,009 restricted stock units and 32,016 performance rights. The common stock grant increases his direct holdings to 160,520 shares, while the performance rights may convert into common shares if multi-year financial performance conditions are met.
How do the new performance rights for AOUT’s CFO work?
Each of the 32,016 performance rights can convert into one share of American Outdoor Brands stock. Vesting depends on cumulative adjusted EBITDA and average return on invested capital metrics measured over a three-year period, with an expiration date of May 27, 2029.
When do Hugh Andrew Fulmer’s restricted stock units at AOUT vest?
The restricted stock units vest in three equal installments. One third vests and is delivered, net of tax withholding, on May 27, 2027, with additional one-third tranches vesting on May 1, 2028, and May 1, 2029, subject to the award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
