Director Patrick Williams of AdvanSix (ASIX) receives 537 deferred stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Williams Patrick reported acquisition or exercise transactions in this Form 4 filing.
AdvanSix Inc. director Patrick Williams received an equity-based award representing 537 share-equivalent units. The grant, valued at $24.40 per share-equivalent on the transaction date, was allocated to his deferred stock unit fund under the AdvanSix Inc. Deferred Compensation Plan.
After this allocation, Williams holds 36,567 common shares and share-equivalent units in total, including an additional 107 stock units credited as dividend equivalents tied to unvested restricted stock units and deferred stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 537 | $24.40 | $13K |
Holdings After Transaction:
Common Stock, par value $0.01 — 36,567 shares (Direct)
Footnotes (1)
- Represents the allocation of deferred compensation to the reporting person's deferred stock unit fund account under the AdvanSix Inc. Deferred Compensation Plan. Each unit allocated under the stock unit fund represents the economic equivalent of one share of common stock. Units are paid out in shares of AdvanSix Inc. common stock upon distribution. Includes an additional 107 shares representing stock units credited as dividend equivalents in connection with unvested restricted stock units under the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as amended and restated, and deferred stock units under the AdvanSix Inc. Deferred Compensation Plan, which were acquired in transactions exempt from reporting under Rule 16a-11.
Key Figures
Equity units granted: 537 units
Reference price per unit: $24.40 per share-equivalent
Total holdings after transaction: 36,567 shares and units
+1 more
4 metrics
Equity units granted
537 units
Grant/award acquisition on March 31, 2026
Reference price per unit
$24.40 per share-equivalent
Value used for the 537-unit award
Total holdings after transaction
36,567 shares and units
Common stock and share-equivalent units following the grant
Dividend equivalent units
107 units
Additional stock units credited as dividend equivalents
Key Terms
Deferred Compensation Plan, deferred stock unit fund, dividend equivalents, restricted stock units
4 terms
Deferred Compensation Plan financial
"under the AdvanSix Inc. Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
deferred stock unit fund financial
"allocation of deferred compensation to the reporting person's deferred stock unit fund account"
dividend equivalents financial
"stock units credited as dividend equivalents in connection with unvested restricted stock units"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
restricted stock units financial
"in connection with unvested restricted stock units under 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.
FAQ
What insider transaction did AdvanSix (ASIX) director Patrick Williams report?
Patrick Williams reported an acquisition of 537 share-equivalent units linked to AdvanSix common stock. The award was granted under the company’s Deferred Compensation Plan and reflects non-cash compensation rather than an open-market stock purchase or sale.
Was the AdvanSix (ASIX) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 transaction was a grant of equity-based compensation, not an open-market stock purchase. It represents deferred stock unit allocations under the AdvanSix Inc. Deferred Compensation Plan, coded as a grant or award acquisition on the filing.
What is the value reference for Patrick Williams’ AdvanSix (ASIX) equity grant?
The grant was recorded at $24.40 per share-equivalent for 537 units of AdvanSix common stock. This price is an accounting reference for the award, not necessarily an execution price from an open-market transaction or cash purchase.
What do the additional 107 AdvanSix (ASIX) stock units in the Form 4 footnote represent?
The additional 107 AdvanSix stock units represent dividend equivalents credited on unvested restricted stock units and deferred stock units. They were acquired in transactions exempt from reporting under Rule 16a-11 and increase Williams’ total share-equivalent holdings.
How are Patrick Williams’ AdvanSix (ASIX) deferred stock units settled?
Each deferred stock unit represents the economic equivalent of one AdvanSix common share and is paid out in shares upon distribution. This means Williams ultimately receives AdvanSix common stock when the Deferred Compensation Plan distributes his accumulated units.