Equity grant gives Booz Allen (NYSE: BAH) EVP 4,005 RSUs vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fitzgerald Buffum Shannon reported acquisition or exercise transactions in this Form 4 filing.
Booz Allen Hamilton Holding Corp Executive Vice President Shannon Fitzgerald Buffum reported receiving 4,005 restricted stock units (RSUs) of Class A common stock as a compensation grant under the company’s 2023 Equity Incentive Plan, exempt under Rule 16b-3.
Each RSU represents a contingent right to receive one Class A share upon vesting. One-third of the RSUs are scheduled to vest on March 31, 2027, March 31, 2028, and March 31, 2029, subject to continued employment. Following this grant, the filing shows total direct holdings of 7,192 shares, including RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fitzgerald Buffum Shannon
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,005 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 7,192 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units under the Issuer's 2023 Equity Incentive Plan exempt under Rule 16b-3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock upon vesting. One-third of these restricted stock units are scheduled to vest on each of March 31, 2027, 2028 and 2029, subject to the Reporting Person's continued employment. Includes restricted stock units.
Key Figures
RSUs granted: 4,005 units
Grant price per share: $0.00 per share
Total holdings after grant: 7,192 shares
+3 more
6 metrics
RSUs granted
4,005 units
Restricted stock units of Class A common stock granted to EVP
Grant price per share
$0.00 per share
Compensation grant; no purchase price shown
Total holdings after grant
7,192 shares
Direct holdings of Class A common stock including RSUs
First vesting date
March 31, 2027
One-third of RSUs scheduled to vest
Second vesting date
March 31, 2028
Second third of RSUs scheduled to vest
Final vesting date
March 31, 2029
Final third of RSUs scheduled to vest
Key Terms
restricted stock units, 2023 Equity Incentive Plan, Rule 16b-3, contingent right, +1 more
5 terms
restricted stock units financial
"Grant of restricted stock units under the Issuer's 2023 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.
2023 Equity Incentive Plan financial
"Grant of restricted stock units under the Issuer's 2023 Equity Incentive Plan"
Rule 16b-3 regulatory
"Grant of restricted stock units under the Issuer's 2023 Equity Incentive Plan 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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
continued employment financial
"scheduled to vest on each of March 31, 2027, 2028 and 2029, subject to the Reporting Person's continued employment"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
FAQ
What insider transaction did Booz Allen (BAH) report for Shannon Fitzgerald Buffum?
Booz Allen reported a grant of 4,005 restricted stock units of Class A common stock to Executive Vice President Shannon Fitzgerald Buffum. The award was granted under the company’s 2023 Equity Incentive Plan and is structured as equity compensation rather than an open-market share purchase.
How many restricted stock units did the Booz Allen EVP receive in this Form 4?
The Form 4 reports a grant of 4,005 restricted stock units (RSUs) of Class A common stock. Each RSU represents a contingent right to receive one share upon vesting, giving the executive a potential future equity interest tied to continued employment with the company.
What is the vesting schedule for the 4,005 RSUs granted by Booz Allen (BAH)?
The 4,005 RSUs vest in three equal annual installments. One-third is scheduled to vest on March 31, 2027, another third on March 31, 2028, and the final third on March 31, 2029, all subject to the executive’s continued employment with Booz Allen.
Was the Booz Allen EVP equity transaction an open-market purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The filing describes it as a grant of restricted stock units under Booz Allen’s 2023 Equity Incentive Plan, exempt under Rule 16b-3, with no purchase price per share disclosed in the transaction details.
What are Shannon Fitzgerald Buffum’s total reported Booz Allen holdings after this RSU grant?
After the grant, total direct holdings are reported as 7,192 shares of Class A common stock, including restricted stock units. This figure reflects the executive’s position immediately following the 4,005-unit equity award, as shown in the Form 4’s post-transaction ownership line.
Under what plan were the new Booz Allen RSUs granted and how are they structured?
The RSUs were granted under Booz Allen’s 2023 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Class A common stock upon vesting, aligning the executive’s compensation with the company’s future equity performance and continued service.