Ardmore Shipping (ASC) director adds shares through RSU vesting and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ardmore Shipping Corp director Kirsi Tikka reported equity compensation activity involving restricted stock units (RSUs). On June 17, 2026, 8,474 RSUs, including 319 shares from dividend equivalent rights, vested and were settled into the same number of common shares, increasing her direct ownership to 43,945 shares. Separately, on June 15, 2026, she received a new grant of 4,841 RSUs that are scheduled to vest in full on June 15, 2027, subject to continued service. These transactions reflect option-style exercises and grants, with no open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,474 shares exercised/converted
Mixed
3 txns
Insider
Tikka Kirsi
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units Award | 8,474 | $0.00 | -- |
| Exercise | Common Stock | 8,474 | $0.00 | -- |
| Grant/Award | Restricted Stock Units Award | 4,841 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units Award — 0 shares (Direct, null);
Common Stock — 43,945 shares (Direct, null)
Footnotes (1)
- Restricted Stock Units Award ("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). These RSUs vest in full on the date shown, subject to the reporting person's continued service to the Issuer through the vesting date. Includes 319 shares payable under associated dividend equivalent rights that became calculable upon vesting of the RSUs.
Key Figures
RSUs vested: 8,474 shares
Dividend equivalent shares: 319 shares
New RSU grant: 4,841 RSUs
+2 more
5 metrics
RSUs vested
8,474 shares
RSUs converted into common stock on June 17, 2026
Dividend equivalent shares
319 shares
Included in the 8,474 vested RSUs
New RSU grant
4,841 RSUs
Granted June 15, 2026, scheduled to vest June 15, 2027
Shares owned after transactions
43,945 shares
Common stock directly held following June 17, 2026 events
Exercise/Conversion price
$0.00 per share
RSU exercises and new grants reported at zero price
Key Terms
Restricted Stock Units Award, dividend equivalent rights, vesting, Form 4, +1 more
5 terms
Restricted Stock Units Award financial
"Restricted Stock Units Award ("RSUs") represent a contingent right to receive one share..."
dividend equivalent rights financial
"RSUs have associated dividend equivalent rights ("DERs") that vest and become payable..."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
vesting financial
"These RSUs vest in full on the date shown, subject to the reporting person's continued service..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What insider transactions did Ardmore Shipping (ASC) director Kirsi Tikka report?
Director Kirsi Tikka reported RSU-related equity compensation activity. 8,474 restricted stock units vested into common shares, and she received a new grant of 4,841 RSUs scheduled to vest in 2027, with no open-market share sales or purchases disclosed.
What RSU grant did Kirsi Tikka receive from Ardmore Shipping (ASC) on June 15, 2026?
On June 15, 2026, Kirsi Tikka received a grant of 4,841 restricted stock units. Each RSU represents a right to receive one Ardmore Shipping common share, vesting in full on June 15, 2027, contingent on her continued service with the company.
How were dividend equivalent rights treated in Kirsi Tikka’s Ardmore Shipping (ASC) RSU vesting?
The vested RSUs included 319 shares from associated dividend equivalent rights. These rights accrue based on dividends declared on Ardmore Shipping’s common stock and convert into additional shares when the related RSUs vest, using the stock’s fair market value on the vesting or payment date.
Were there any open-market buy or sell transactions in this Ardmore Shipping (ASC) Form 4?
No open-market buys or sells were reported. The Form 4 shows non-cash equity compensation events: RSUs vesting and converting into common shares, plus a new RSU grant. All transactions are classified as acquisitions rather than market purchases or sales.