Ardmore Shipping (NYSE: ASC) director gains shares from RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ardmore Shipping director Helen Johanna de Jong increased her equity stake through stock-based compensation. On June 17, 2026, she exercised previously granted restricted stock units, receiving 8,474 shares of common stock at no cash cost, including 319 shares tied to dividend equivalent rights that became payable at vesting.
Following this exercise, she directly holds 33,267 common shares. Separately, on June 15, 2026, she was granted a new Restricted Stock Units Award for 5,125 units, each representing a contingent right to one common share. These RSUs vest in full on June 15, 2027, subject to her continued service with Ardmore Shipping.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,474 shares exercised/converted
Mixed
3 txns
Insider
de Jong Helen Johanna
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 | 5,125 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units Award — 0 shares (Direct, null);
Common Stock — 33,267 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 converted to common stock: 8,474 shares
Dividend equivalent rights shares: 319 shares
New RSU grant: 5,125 units
+3 more
6 metrics
RSUs converted to common stock
8,474 shares
Common stock issued upon RSU vesting on June 17, 2026
Dividend equivalent rights shares
319 shares
Additional shares issuable under DERs tied to vested RSUs
New RSU grant
5,125 units
Restricted Stock Units Award granted on June 15, 2026
RSU vesting date
June 15, 2027
Scheduled full vesting date for 5,125 RSUs, subject to service
Shares held after transaction
33,267 shares
Director’s direct common stock holdings after June 17, 2026 exercise
Exercise price per RSU
$0.00
Conversion of RSUs to common stock at no cash cost
Key Terms
Restricted Stock Units Award, dividend equivalent rights, contingent right, vesting date
4 terms
Restricted Stock Units Award financial
"Restricted Stock Units Award ("RSUs") represent a contingent right to receive one share of the Issuer's common stock per RSU."
dividend equivalent rights financial
"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."
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.
contingent right financial
"Restricted Stock Units Award ("RSUs") represent a contingent right to receive one share of the Issuer's common stock per RSU."
vesting date financial
"These RSUs vest in full on the date shown, subject to the reporting person's continued service to the Issuer through the vesting date."
FAQ
What did Ardmore Shipping (ASC) director Helen Johanna de Jong do in this Form 4?
Director Helen Johanna de Jong increased her equity exposure through stock-based compensation. She exercised restricted stock units into 8,474 Ardmore Shipping common shares and received a new grant of 5,125 RSUs, further aligning her interests with the company’s long-term performance.
What new restricted stock units did the Ardmore Shipping (ASC) director receive?
She received a Restricted Stock Units Award covering 5,125 units, each representing a contingent right to one Ardmore Shipping common share. These RSUs vest in full on June 15, 2027, provided she continues her service with the company through that vesting date.
What are dividend equivalent rights in the Ardmore Shipping (ASC) RSU plan?
Dividend equivalent rights provide additional shares based on dividends that would have been paid on unvested RSUs. When RSUs vest, accrued dividends are divided by the common stock’s fair market value, producing extra shares; 319 such shares were included in the director’s 8,474-share issuance.