AdvanSix (ASIX) director awarded 6,207 restricted stock units, now holds 91,946 shares
Rhea-AI Filing Summary
Karran Todd D. reported acquisition or exercise transactions in this Form 4 filing.
AdvanSix Inc. director Karran Todd D. received an equity award of 6,207 shares of common stock as a grant under the company’s 2016 Stock Incentive Plan. The award is in the form of restricted stock units that will vest in full on June 22, 2027.
After this grant, Todd directly holds 91,946 shares of AdvanSix common stock. Because this is a compensation-related award at no purchase price, it reflects standard long-term incentive pay rather than an open-market stock purchase.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant increases long-term share-based compensation at AdvanSix.
AdvanSix granted director Karran Todd D. 6,207 restricted stock units, representing common stock awarded at no cost under the 2016 Stock Incentive Plan. This aligns director incentives with shareholders through additional equity exposure that vests over time.
The units vest in full on June 22, 2027, encouraging continued board service through that date. Following the grant, Todd directly owns 91,946 shares. As a compensation grant rather than an open-market trade, this filing is generally viewed as routine and informational.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 6,207 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of restricted stock units pursuant to the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as Amended and Restated, which will vest in full on June 22, 2027.
Key Figures
Key Terms
restricted stock units financial
2016 Stock Incentive Plan financial
Form 4 regulatory
Common Stock, par value $0.01 financial
FAQ
What did AdvanSix (ASIX) disclose in the latest Form 4 for Karran Todd D.?
What type of equity award did AdvanSix (ASIX) grant to director Karran Todd D.?
When do the AdvanSix (ASIX) restricted stock units granted to Karran Todd D. vest?
Was the AdvanSix (ASIX) Form 4 transaction a market purchase or sale by Karran Todd D.?
AI-generated analysis. How Rhea-AI works. Not financial advice.