AdvanSix (ASIX) HR chief awarded 22,485 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AdvanSix Inc. reported that SVP and Chief HR Officer Kelly Slieter acquired 22,485 shares of common stock through a grant of restricted stock units valued at $17.79 per share. These units are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date. Following this award, Slieter directly owns 70,453 shares of AdvanSix common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SLIETER KELLY
Role
SVP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 22,485 | $17.79 | $400K |
Holdings After Transaction:
Common Stock, par value $0.01 — 70,453 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did AdvanSix (ASIX) report for Kelly Slieter?
AdvanSix reported an equity award to Kelly Slieter of 22,485 shares of common stock via restricted stock units. The units were granted under the 2016 Stock Incentive Plan and represent a non-cash acquisition rather than an open-market purchase.
How will Kelly Slieter’s AdvanSix (ASIX) restricted stock units vest?
Kelly Slieter’s restricted stock units are scheduled to vest in three equal annual installments on the first three anniversaries of the grant date. This creates a multi-year vesting schedule tied to continued service with AdvanSix.
Under which plan were Kelly Slieter’s AdvanSix (ASIX) restricted stock units granted?
The restricted stock units were granted under the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as Amended and Restated. This plan governs the terms, conditions, and vesting of the equity award.
Is Kelly Slieter’s AdvanSix (ASIX) transaction a purchase or an award?
Kelly Slieter’s transaction is an equity award, not an open-market purchase. It is classified as a grant or other acquisition of restricted stock units, consistent with her role as SVP and Chief HR Officer.