Acuity (NYSE: AYI) director elects fees in 546 DSUs award
Rhea-AI Filing Summary
Acuity Inc. director W. Patrick Battle reported receiving 546 Deferred Restricted Stock Units (DSUs) on January 21, 2026. These derivative securities were acquired at $0 per unit as part of his annual director compensation, reflecting his election to take a portion of fees in DSUs instead of cash.
Each DSU is exchangeable on a 1-for-1 basis for a share of Acuity common stock. The DSUs will vest in full on the first anniversary of the grant date or, if earlier, on the date of the next subsequent annual meeting of stockholders following the grant. After vesting, they become payable upon Battle’s retirement, either in a single lump sum or in five annual installments.
The number of DSUs was determined using $320.59 as the reference price, which was the average of the high and low sales prices of Acuity’s common stock over the five trading days immediately before the grant date.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Acuity Inc. (AYI) report for W. Patrick Battle?
W. Patrick Battle, a director of Acuity Inc., reported the acquisition of 546 Deferred Restricted Stock Units (DSUs) on January 21, 2026 as part of his director fee compensation.
How were the 546 DSUs for Acuity Inc. (AYI) calculated for director Battle?
The 546 DSUs were calculated using $320.59, the average of the high and low sales prices of Acuity’s common stock over the five trading days immediately preceding the grant date.
What are the vesting terms of the DSUs granted to W. Patrick Battle at Acuity Inc. (AYI)?
The DSUs will vest in full on the first anniversary of the grant date or, if earlier, on the date of the next subsequent annual meeting of stockholders following the grant date.
When and how will the Acuity Inc. (AYI) DSUs be paid to director Battle?
Once vested, the DSUs will be payable upon retirement in either a single lump sum or in five annual installments, according to the plan terms.
Does W. Patrick Battle pay cash for the 546 DSUs reported at Acuity Inc. (AYI)?
No cash changed hands in this grant. The Form 4 shows a $0 price per DSU, as they were issued in lieu of a portion of annual director fees under the company’s stock incentive plan.
What does each Deferred Restricted Stock Unit represent for Acuity Inc. (AYI)?
Each DSU is exchangeable on a 1-for-1 basis for one share of Acuity’s common stock, subject to vesting and payment conditions described in the plan.