Director at Acuity (NYSE: AYI) elects fees in DSUs
Rhea-AI Filing Summary
Acuity Inc. (AYI) director Mark Sachleben reported receiving 546 deferred restricted stock units (DSUs) as director compensation. The Form 4 shows that on January 21, 2026, he acquired 546 DSUs at a stated price of $0 per unit, held directly, bringing his beneficial ownership to 546 DSUs.
The DSUs were issued under Acuity’s Amended and Restated 2012 Omnibus Stock Incentive Compensation Plan after he elected to receive a portion of his annual director fees in DSUs instead of cash. Each DSU represents a right to receive one share of 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 annual stockholder meeting, and will be paid upon retirement in either a lump sum or five annual installments. The number of DSUs granted was calculated using $320.59, the average of the high and low trading prices of Acuity common stock over the five trading days before the grant.
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FAQ
What insider transaction did AYI director Mark Sachleben report on this Form 4?
Director Mark Sachleben reported acquiring 546 deferred restricted stock units (DSUs) of Acuity Inc. on January 21, 2026. The DSUs are held directly and were received as part of his director compensation.
How many deferred restricted stock units did Mark Sachleben receive from Acuity Inc. (AYI)?
The filing shows that Mark Sachleben received 546 DSUs. After this transaction, he beneficially owns 546 deferred restricted stock units related to Acuity Inc. common stock.
What are the key terms of the deferred restricted stock units reported for AYI?
The deferred restricted stock units (DSUs) are issued on a 1-for-1 basis for Acuity Inc. common stock. They were granted at a stated price of $0 under the company’s Amended and Restated 2012 Omnibus Stock Incentive Compensation Plan and resulted from the director’s election to take a portion of annual fees in DSUs instead of cash.
What is the vesting schedule for the DSUs granted to the Acuity (AYI) director?
The DSUs will vest in full on the first anniversary of the January 21, 2026 grant date or, if earlier, on the date of the next subsequent annual meeting of Acuity’s stockholders following the grant date.
When and how will the AYI DSUs reported by Mark Sachleben be paid out?
Once vested, the DSUs will be payable upon retirement in either a lump sum or in five annual installments, according to the terms described in the filing.
How was the number of DSUs determined in this AYI Form 4 filing?
The number of DSUs was calculated using $320.59 as the reference price, which was the average of the high and low sales prices of Acuity Inc. common stock over the five trading days immediately before the grant date.