AdvanSix (ASIX) SVP, General Counsel awarded 28,106 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AdvanSix Inc. reported that SVP and General Counsel Achilles B. Kintiroglou acquired 28,106 shares of common stock through a grant of restricted stock units at a reference price of $17.79 per share. These units were granted under the 2016 Stock Incentive Plan and are scheduled to vest in three equal annual installments on the first three anniversaries of the grant date. Following this award, he directly holds 58,371 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kintiroglou Achilles B.
Role
SVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 28,106 | $17.79 | $500K |
Holdings After Transaction:
Common Stock, par value $0.01 — 58,371 shares (Direct)
Footnotes (1)
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FAQ
What did AdvanSix (ASIX) disclose about Achilles B. Kintiroglou’s recent equity award?
AdvanSix disclosed that SVP and General Counsel Achilles B. Kintiroglou received a grant of 28,106 restricted stock units at $17.79 per share. The award was made under the company’s 2016 Stock Incentive Plan and vests in three equal annual installments.
What is the vesting schedule for Achilles B. Kintiroglou’s AdvanSix (ASIX) restricted stock units?
The restricted stock units are scheduled to vest in three equal annual installments on the first three anniversaries of the grant date. This staggered vesting aligns compensation with continued service, with one-third of the award becoming available each year.
Under which plan were the AdvanSix (ASIX) restricted stock units granted to Achilles B. Kintiroglou?
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 equity-based awards such as restricted stock units for company executives and other eligible participants.