Azenta (NASDAQ: AZTA) grants 17,790 RSUs to Multiomics chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MARTIN WILLIAM E. III reported acquisition or exercise transactions in this Form 4 filing.
Azenta, Inc. granted President Multiomics William E. Martin III an award of 17,790 shares of common stock in the form of restricted stock units. The award is compensation under the company’s Equity Incentive Plan and no cash was paid to receive it.
The units vest over three years, with 33% vesting on April 18, 2027, 33% on April 18, 2028, and the remaining 33% on April 18, 2029. Following this grant, he directly holds 17,790 common shares linked to this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MARTIN WILLIAM E. III
Role
President Multiomics
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 17,790 | $24.24 | $431K |
Holdings After Transaction:
Common — 17,790 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 17,790 shares
Grant reference price: $24.24 per share
Holdings after grant: 17,790 shares
+3 more
6 metrics
RSUs granted
17,790 shares
Restricted stock unit award to President Multiomics
Grant reference price
$24.24 per share
Value reference for 17,790 common shares granted
Holdings after grant
17,790 shares
Direct ownership reported following the RSU award
First vesting tranche
33%
Vests on April 18, 2027
Second vesting tranche
33%
Vests on April 18, 2028
Final vesting tranche
33%
Vests on April 18, 2029
Key Terms
restricted stock units, Equity Incentive Plan, vesting, Form 4
4 terms
restricted stock units financial
"Grant of restricted stock units to the Reporting Person under the Company's Equity 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.
Equity Incentive Plan financial
"Grant of restricted stock units to the Reporting Person under the Company's Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vesting financial
"The units will vest over three years, 33% on Apriil 18, 2027, 33% on Apriil 18, 2028, and 33% on Apriil 18, 2029."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Azenta (AZTA) report for William E. Martin III?
Azenta reported a compensation-related grant to President Multiomics William E. Martin III of 17,790 restricted stock units of common stock. The award was made under the company’s Equity Incentive Plan and represents an acquisition of shares rather than an open-market purchase or sale.
What is the vesting schedule for the Azenta (AZTA) restricted stock units?
The 17,790 restricted stock units vest in three equal installments. According to the filing, 33% vest on April 18, 2027, another 33% on April 18, 2028, and the final 33% on April 18, 2029, creating a three-year, time-based vesting structure for the award.
Was any cash paid for the Azenta (AZTA) restricted stock units granted to Martin?
No cash was paid for these restricted stock units. The footnote states the grant was made under Azenta’s Equity Incentive Plan and that no amount was paid upon grant, confirming this is stock-based compensation rather than a cash-financed share purchase by the executive.
Is the Azenta (AZTA) Form 4 transaction a market buy or sell?
The transaction is neither an open-market buy nor an open-market sale. It is coded as a grant or award acquisition, meaning Azenta granted 17,790 restricted stock units to Martin as compensation under its Equity Incentive Plan, with shares vesting over three years rather than being immediately traded.