AdvanSix (ASIX) director Sharon Spurlin awarded 6,207 restricted stock units
Rhea-AI Filing Summary
Spurlin Sharon reported acquisition or exercise transactions in this Form 4 filing.
AdvanSix Inc. director Sharon Spurlin received a grant of 6,207 shares of common stock as a stock award. The award is in the form of restricted stock units granted under the company’s 2016 Stock Incentive Plan and will vest in full on June 22, 2027.
The grant was recorded at no purchase price, reflecting compensation rather than an open-market share purchase. After this award, Spurlin directly holds 80,953 shares of AdvanSix common stock, giving a sense of her overall equity stake in the company.
Positive
- None.
Negative
- None.
Insights
Director received routine equity grant that increases long-term alignment with shareholders.
Director Sharon Spurlin received 6,207 restricted stock units under the AdvanSix 2016 Stock Incentive Plan, vesting on June 22, 2027. The units were granted at $0.00 per share, indicating compensation rather than market buying.
This type of award is common for board members and is designed to tie part of their pay to future stock performance. Following the grant, Spurlin holds 80,953 shares directly. There are no derivative positions reported in this filing, so the visible change is limited to this new equity grant.
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
Grant, award, or other acquisition financial
FAQ
What did AdvanSix (ASIX) director Sharon Spurlin report in this Form 4?
Is the AdvanSix (ASIX) Form 4 for Sharon Spurlin a stock purchase or a grant?
When do Sharon Spurlin’s AdvanSix (ASIX) restricted stock units vest?
Does the AdvanSix (ASIX) Form 4 show any stock sales by Sharon Spurlin?
AI-generated analysis. How Rhea-AI works. Not financial advice.