AdvanSix (ASIX) CEO Erin Kane awarded 111,298 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AdvanSix Inc. reported that Chief Executive Officer Erin N. Kane acquired 111,298 shares of common stock on February 26, 2026 through a grant of restricted stock units under the company’s 2016 Stock Incentive Plan at a reference price of $17.79 per share.
The restricted stock units are scheduled to vest in three equal annual installments on the first three anniversaries of the grant date. Following this award, Kane directly holds 656,745 shares of AdvanSix common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kane Erin N
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 111,298 | $17.79 | $1.98M |
Holdings After Transaction:
Common Stock, par value $0.01 — 656,745 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did AdvanSix (ASIX) report for CEO Erin N. Kane?
AdvanSix reported that CEO Erin N. Kane received a grant of 111,298 restricted stock units on February 26, 2026. These units reference common stock at $17.79 per share and represent an equity compensation award rather than an open-market stock purchase or sale.
At what price were the AdvanSix (ASIX) restricted stock units granted to the CEO?
The restricted stock units granted to the AdvanSix CEO are tied to a reference price of $17.79 per share. This price is used to value the award for reporting purposes and does not necessarily represent cash paid or received in an open-market transaction.
How do the AdvanSix (ASIX) CEO’s restricted stock units vest?
The restricted stock units granted to the AdvanSix CEO vest in three equal annual installments. Vesting occurs on each of the first three anniversaries of the February 26, 2026 grant date, aligning the award with multi-year performance and retention objectives.
Is the AdvanSix (ASIX) CEO’s Form 4 transaction a stock purchase or equity award?
The Form 4 reflects an equity award, not an open-market stock purchase. CEO Erin N. Kane received 111,298 restricted stock units as a grant under the 2016 Stock Incentive Plan, categorized as a grant, award, or other acquisition transaction.