Ardmore Shipping SVP reports initial share holdings
Ardmore Shipping Corp executive O'Driscoll Aideen Siobhan, SVP & Sr.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
3
Rhea-AI Filing Summary
Ardmore Shipping Corp executive O'Driscoll Aideen Siobhan, SVP & Sr. Dir. of Corporate Services, reports existing equity holdings on a Form 3. The filing lists 35,461 shares of common stock held directly, plus restricted stock units representing 1,821, 4,883 and 6,596 underlying common shares that vest over future dates.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
O'Driscoll Aideen Siobhan
Role
SVP & Sr. Dir. of Corp. Svcs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Restricted Stock Units | -- | -- | -- |
| Holding | Restricted Stock Units | -- | -- | -- |
| Holding | Restricted Stock Units | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings:
Restricted Stock Units — 13,300 contracts (Direct);
Common Stock — 35,461 shares (Direct)
Footnotes (4)
- F1. Restricted Stock Units ("RSUs") represent a contingent right to receive one share of the Issuer's common stock per RSU. RSUs have associated dividend equivalent rights ("DERs") that vest and become payable in shares of the Issuer's common stock proportionately with the RSUs to which they relate. Upon vesting of RSUs, the number of shares issuable under the associated DERs becomes calculable, based on the quotient of the accrued dividends with respect to the vested RSUs, divided by the common stock's fair market value on such vesting date (or in the event dividends are declared, but not yet paid to stockholders as of a vesting date, on the date of payment to stockholders).
- F2. These RSUs vest in full on the date shown, subject to the reporting person's continued service to the Issuer through the vesting date.
- F3. Date at which first vesting occurs is indicated. These RSUs vest in equal annual installments over 2 years, subject to the reporting person's continued service to the Issuer through each vesting date.
- F4. Date at which first vesting occurs is indicated. These RSUs vest in equal annual installments over 3 years, subject to the reporting person's continued service to the Issuer through each vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Ardmore Shipping (ASC) disclose in this Form 3 for O'Driscoll Aideen Siobhan?
The Form 3 discloses existing equity holdings for O'Driscoll Aideen Siobhan. It reports 35,461 Ardmore Shipping common shares held directly and several restricted stock unit (RSU) awards tied to 1,821, 4,883 and 6,596 underlying common shares with future vesting dates.
What restricted stock units are reported for O'Driscoll Aideen Siobhan at Ardmore Shipping (ASC)?
The Form 3 lists three restricted stock unit positions. They correspond to 1,821, 4,883 and 6,596 underlying Ardmore Shipping common shares, each with an exercise price of 0.0000 and expiration dates in 2027, 2028 and 2029, respectively.
How do the RSUs for Ardmore Shipping (ASC) vest for O'Driscoll Aideen Siobhan?
The RSUs vest based on continued service to Ardmore Shipping. One grant vests in full on the stated date, another vests in equal annual installments over two years, and a third vests in equal annual installments over three years, all subject to continued service conditions.
What are dividend equivalent rights (DERs) mentioned in the Ardmore Shipping (ASC) Form 3 footnotes?
DERs are rights attached to RSUs that accrue value based on dividends on Ardmore Shipping common stock. When RSUs vest, DERs become payable in additional shares, calculated by dividing accrued dividends by the common stock’s fair market value on the relevant vesting or dividend payment date.
Does the Ardmore Shipping (ASC) Form 3 show new insider buying or selling activity?
The Form 3 presents holdings rather than explicit buy or sell transactions. All entries are coded as holdings with unknown transaction codes, indicating disclosure of existing common stock and RSU positions for the executive, not reported open-market purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
