AdvanSix (ASIX) director Jeffrey J. Bird receives 6,207-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AdvanSix Inc. director Jeffrey J. Bird received an equity grant of 6,207 shares of common stock as a compensation award. The grant is in the form of restricted stock units under the company’s 2016 Stock Incentive Plan and will vest in full on June 22, 2027.
The reported transaction is an acquisition by award, not an open-market purchase or sale, and Mr. Bird’s direct holdings after this grant total 6,207 shares according to the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bird Jeffrey J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 6,207 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 6,207 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 6,207 shares
Grant price: $0.00 per share
Post-transaction holdings: 6,207 shares
+1 more
4 metrics
Shares granted
6,207 shares
Restricted stock unit award to director Jeffrey J. Bird
Grant price
$0.00 per share
Compensation grant, not open-market purchase
Post-transaction holdings
6,207 shares
Total direct holdings after award
Vesting date
June 22, 2027
Restricted stock units vest in full on this date
Key Terms
restricted stock units, 2016 Stock Incentive Plan, vesting, Common Stock, par value $0.01
4 terms
restricted stock units financial
"Grant of restricted stock units pursuant to the 2016 Stock Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2016 Stock Incentive Plan financial
"pursuant to the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates"
vesting financial
"which will vest in full on June 22, 2027"
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.
Common Stock, par value $0.01 financial
"security_title: Common Stock, par value $0.01"
FAQ
What insider transaction did AdvanSix (ASIX) report for Jeffrey J. Bird?
AdvanSix reported that director Jeffrey J. Bird received 6,207 shares through a grant of restricted stock units. The award is compensation-based, carries no purchase price, and represents his direct holdings following the transaction according to the Form 4.
When do Jeffrey J. Bird’s AdvanSix (ASIX) restricted stock units vest?
Jeffrey J. Bird’s restricted stock units are scheduled to vest in full on June 22, 2027. Until vesting, the units remain subject to the terms and conditions of AdvanSix’s 2016 Stock Incentive Plan and its related award agreement.
Under which plan were Jeffrey J. Bird’s AdvanSix (ASIX) equity awards granted?
The equity awards were granted under the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as Amended and Restated. This plan governs the terms, vesting conditions, and structure of the restricted stock unit grant reported.