ACUITY INC. (NYSE: AYI) director receives 546 deferred stock units in fees
Rhea-AI Filing Summary
ACUITY INC. director Laura O'Shaughnessy reported an award of 546 Deferred Restricted Stock Units (DSUs) on common stock equivalent to 1-for-1, received as part of her annual director compensation. The DSUs were issued under the company's Amended and Restated 2012 Omnibus Stock Incentive Compensation Plan after she elected to take a portion of her director fees in DSUs.
The DSUs will vest in full on the first anniversary of the January 21, 2026 grant date, or earlier if the next annual stockholders' meeting occurs sooner. Once vested, the DSUs will be settled upon retirement in either a lump sum or five annual installments. The number of DSUs granted was calculated using a reference price of $320.59, the average of the high and low trading prices of ACUITY INC.'s common stock over the five trading days immediately before the grant, and the transaction is reported as a direct holding.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 546 | $0.00 | -- |
Footnotes (1)
- 1-for-1 Deferred Restricted Stock Units (DSUs) issued pursuant to the Issuer's Amended and Restated 2012 Omnibus Stock Incentive Compensation Plan. The DSUs resulted from the Reporting Person's election to receive a portion of annual director fees in the form of a DSU. The DSUs will vest in full on the first anniversary of the grant date, or, if earlier, the date of the next subsequent annual meeting of the Issuer's stockholders following the grant date. Once vested, DSUs will be payable upon retirement in either lump sum or five annual installments. The number of DSUs received was calculated based on $320.59, which was the average of the high and low sales prices of a share of the Issuer's common stock on the five trading dates immediately preceding the date of grant.