Birkenstock (NYSE: BIRK) director reports initial shares and RSU holdings
Rhea-AI Filing Summary
Birkenstock Holding plc director Ruth Anne Francis Kennedy reported her initial ownership on Form 3. She holds 5,605 Ordinary Shares directly and Restricted Stock Units representing 1,623 underlying Ordinary Shares. The RSUs vest on the earlier of the first anniversary of the October 1, 2025 grant date or the next annual shareholder meeting, subject to continuous service, and each RSU entitles her to receive one Ordinary Share upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kennedy Ruth Anne Francis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,623 shares (Direct);
Ordinary Shares — 5,605 shares (Direct)
Footnotes (2)
- F1. The restricted stock units ("RSUs") vest on the earlier of (i) the first anniversary of the date of grant (October 1, 2025) and (ii) the next annual shareholder meeting of the issuer after the date of grant, subject in all cases to the Reporting Person providing continuous service through such vesting date.
- F2. Each RSU represents a contingent right to receive one Ordinary Share upon settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider position does the Birkenstock (BIRK) Form 3 filing disclose?
The Form 3 shows director Ruth Anne Francis Kennedy as a beneficial owner of Birkenstock shares. It establishes her initial reportable holdings as a director, including both Ordinary Shares and Restricted Stock Units linked to future Ordinary Share delivery.
What Restricted Stock Units does the Birkenstock (BIRK) director report on Form 3?
She reports Restricted Stock Units corresponding to 1,623 underlying Ordinary Shares. Each RSU represents a contingent right to receive one Ordinary Share upon settlement, providing potential additional equity if the vesting conditions and service requirements are satisfied.
When do Ruth Anne Francis Kennedy’s Birkenstock (BIRK) RSUs vest?
The RSUs vest on the earlier of the first anniversary of the October 1, 2025 grant date or the next annual shareholder meeting. Vesting is conditioned on her providing continuous service to Birkenstock Holding plc through the applicable vesting date.
What does each Birkenstock (BIRK) RSU reported on Form 3 represent?
Each Restricted Stock Unit reported by Ruth Anne Francis Kennedy represents a contingent right to receive one Ordinary Share. Upon settlement after vesting, these RSUs can convert into Ordinary Shares, increasing her effective equity stake in Birkenstock Holding plc.