Booz Allen (NYSE: BAH) CEO receives 122,605-share award with 60,138 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Booz Allen Hamilton Holding Corp CEO Horacio Rozanski received 122,605 shares of Class A Common Stock from the vesting and payout of performance-based restricted stock units granted under the company’s equity incentive plan. To satisfy related tax obligations, 60,138 shares were withheld at $77 per share, leaving 795,192 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ROZANSKI HORACIO
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 122,605 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 60,138 | $77.00 | $4.63M |
Holdings After Transaction:
Class A Common Stock — 795,192 shares (Direct, null)
Footnotes (1)
- Shares acquired from the vesting and payout of performance-based restricted stock units granted in fiscal year 2024 pursuant to the Issuer's Equity Incentive Plan, as amended, exempt under Rule 16b-3. Includes restricted stock units. Exempt under Rule 16b-3.
Key Figures
Shares acquired from RSU vesting: 122,605 shares
Tax-withholding shares: 60,138 shares
Tax-withholding price: $77.00 per share
+1 more
4 metrics
Shares acquired from RSU vesting
122,605 shares
Performance-based restricted stock units granted in fiscal 2024
Tax-withholding shares
60,138 shares
Shares withheld to cover tax obligations at $77 per share
Tax-withholding price
$77.00 per share
Price used for tax-withholding disposition
Shares held after transactions
795,192 shares
Direct holdings of Class A Common Stock including restricted stock units
Key Terms
performance-based restricted stock units, Equity Incentive Plan, Rule 16b-3, restricted stock units
4 terms
performance-based restricted stock units financial
"Shares acquired from the vesting and payout of performance-based restricted stock units granted in fiscal year 2024"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
Equity Incentive Plan financial
"granted in fiscal year 2024 pursuant to the Issuer's Equity Incentive Plan, as amended"
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.
Rule 16b-3 regulatory
"exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
restricted stock units financial
"Includes restricted stock units."
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.
FAQ
What did BAH CEO Horacio Rozanski report in this Form 4 filing?
CEO Horacio Rozanski reported receiving 122,605 shares of Class A Common Stock from vesting performance-based restricted stock units. In the same transaction group, 60,138 shares were withheld at $77 per share to cover tax obligations related to the equity award.
What is the significance of Rule 16b-3 in the BAH CEO’s Form 4?
The filing states the award and related transactions are exempt under Rule 16b-3. This rule provides exemptions for certain insider transactions under company equity plans, indicating these events arise from compensation arrangements rather than discretionary open-market trading activity.
What type of equity award did Booz Allen (BAH) grant to its CEO?
The CEO’s shares came from performance-based restricted stock units granted in fiscal 2024 under the Equity Incentive Plan. These units vest and convert into shares based on performance conditions, with the filing noting the resulting acquisition and associated tax-withholding share disposition.