AdvanSix (ASIX) director Daryl Roberts receives 6,207-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roberts Daryl reported acquisition or exercise transactions in this Form 4 filing.
AdvanSix Inc. director Daryl Roberts received an equity award of 6,207 shares of common stock as compensation. The Form 4 shows these shares were granted at no purchase price as restricted stock units under the company’s 2016 Stock Incentive Plan.
According to the disclosure, the restricted stock units will vest in full on June 22, 2027. After this grant, Roberts holds 6,207 shares directly. This is a routine director compensation award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Roberts Daryl
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 6,207 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 6,207 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 6,207 shares
Price per share: $0.00 per share
Shares held after grant: 6,207 shares
+1 more
4 metrics
Shares granted
6,207 shares
Restricted stock unit award on June 22, 2026
Price per share
$0.00 per share
Equity compensation grant, not open-market purchase
Shares held after grant
6,207 shares
Total direct holdings following the reported transaction
Vesting date
June 22, 2027
Restricted stock units vest in full on this date
Key Terms
restricted stock units, 2016 Stock Incentive Plan, Grant, award, or other acquisition, Common Stock, par value $0.01
4 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"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock, par value $0.01 financial
"security_title": "Common Stock, par value $0.01""
FAQ
What did AdvanSix (ASIX) director Daryl Roberts report on this Form 4?
Daryl Roberts reported receiving 6,207 shares of AdvanSix common stock as an equity award. The shares were granted as restricted stock units under the 2016 Stock Incentive Plan and represent compensation, not an open-market stock purchase or sale.
When do Daryl Roberts’ AdvanSix (ASIX) restricted stock units vest?
The restricted stock units granted to Daryl Roberts will vest in full on June 22, 2027. Vesting means the award becomes fully earned and transferable, subject to the terms and conditions of AdvanSix’s 2016 Stock Incentive Plan and related grant documents.
What plan governs the equity award reported by Daryl Roberts at AdvanSix (ASIX)?
The award is granted under the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as Amended and Restated. This plan authorizes equity-based compensation, including restricted stock units, for eligible directors, officers, and employees of the company.