[Form 4] AdvanSix Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Day Patrick C. reported acquisition or exercise transactions in this Form 4 filing.
AdvanSix Inc. reported that its SVP and CFO, Patrick C. Day, received equity compensation awards in the form of restricted stock units tied to its common stock on April 27, 2026. He was granted a total of 38,038 units at a reference value of $23.66 per share, bringing his direct holdings to 38,038 shares.
One grant of 19,019 restricted stock units is scheduled to vest in three equal annual installments on the first three anniversaries of the grant date. A separate grant of 19,019 restricted stock units will vest in full on April 27, 2029, providing a longer-term incentive.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Day Patrick C.
Role
SVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 19,019 | $23.66 | $450K |
| Grant/Award | Common Stock, par value $0.01 | 19,019 | $23.66 | $450K |
Holdings After Transaction:
Common Stock, par value $0.01 — 19,019 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units pursuant to the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as Amended and Restated, which are scheduled to vest in three equal annual installments on the first three anniversaries of the grant date. Grant of restricted stock units pursuant to the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, which will vest in full on April 27, 2029.
Key Figures
RSUs granted (installment vesting): 19,019 units
RSUs granted (cliff vesting): 19,019 units
Total RSUs/stock units after grants: 38,038 shares
+3 more
6 metrics
RSUs granted (installment vesting)
19,019 units
Restricted stock units vesting in three equal annual installments
RSUs granted (cliff vesting)
19,019 units
Restricted stock units vesting in full on April 27, 2029
Total RSUs/stock units after grants
38,038 shares
Common stock directly held by CFO following the reported transactions
Grant-date share value
$23.66 per share
Reference price used for the April 27, 2026 restricted stock unit grants
Vesting start
First anniversary of grant
Three annual vesting dates beginning one year after April 27, 2026
Final vesting date
April 27, 2029
Date when the second 19,019-unit award vests in full
Key Terms
restricted stock units, 2016 Stock Incentive Plan, vest in three equal annual installments, grant date, +1 more
5 terms
restricted stock units financial
"Grant of restricted stock units pursuant to 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.
2016 Stock Incentive Plan financial
"pursuant to the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates"
vest in three equal annual installments financial
"which are scheduled to vest in three equal annual installments"
grant date financial
"on the first three anniversaries of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
vest in full financial
"which will vest in full on April 27, 2029"
FAQ
What insider transaction did AdvanSix (ASIX) report for CFO Patrick C. Day?
AdvanSix reported that SVP and CFO Patrick C. Day received equity awards totaling 38,038 restricted stock units of common stock. These were reported as grants under a company stock incentive plan, rather than open-market purchases, and increase his directly held share-based position to 38,038 shares.
What is the vesting schedule for the new AdvanSix (ASIX) CFO restricted stock units?
One 19,019-unit grant is scheduled to vest in three equal annual installments on the first three anniversaries of the April 27, 2026 grant date. A second 19,019-unit grant will vest in full on April 27, 2029, creating a longer-term retention incentive for the CFO.
Were the AdvanSix (ASIX) CFO stock grants open-market purchases or compensation awards?
The reported transactions are compensation awards, not open-market purchases. They are described as grants of restricted stock units made under the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as amended and restated, with specified vesting schedules rather than market transactions.
What stock incentive plan did AdvanSix (ASIX) use for the CFO’s new equity awards?
The grants were made under the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as Amended and Restated, and a related plan reference. These plans govern restricted stock unit awards, including vesting terms and other conditions attached to the CFO’s equity compensation.