AdvanSix (ASIX) director receives 660 deferred stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AdvanSix Inc. director Patrick Williams received a grant of deferred stock units tied to the company’s common stock. He was allocated 660 units on June 30, 2026 at a reference value of $19.88 per unit under the AdvanSix Inc. Deferred Compensation Plan.
Each deferred stock unit represents the economic equivalent of one share of common stock and will be paid out in actual shares upon distribution. Following this compensation-related award, Williams directly holds 43,434 shares of AdvanSix common stock, indicating a routine, non–open-market acquisition.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams Patrick
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 660 | $19.88 | $13K |
Holdings After Transaction:
Common Stock, par value $0.01 — 43,434 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred stock units granted: 660 units
Reference value per unit: $19.88 per unit
Shares held after transaction: 43,434 shares
+1 more
4 metrics
Deferred stock units granted
660 units
Grant under AdvanSix Inc. Deferred Compensation Plan on June 30, 2026
Reference value per unit
$19.88 per unit
Value used for the June 30, 2026 deferred stock unit allocation
Shares held after transaction
43,434 shares
Total AdvanSix common stock directly held by Patrick Williams after grant
Transaction direction
Acquisition via grant
Non-derivative award coded as A (grant/award acquisition)
Key Terms
Deferred Compensation Plan, deferred stock unit, economic equivalent
3 terms
Deferred Compensation Plan financial
"under the AdvanSix Inc. Deferred Compensation Plan. Each unit allocated"
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 financial
"allocation of deferred compensation to the reporting person's deferred stock unit fund account"
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
economic equivalent financial
"Each unit allocated under the stock unit fund represents the economic equivalent of one share"