Barnes & Noble Education (BNED) grants CEO 60,000 performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SHAR JONATHAN reported acquisition or exercise transactions in this Form 4 filing.
Barnes & Noble Education CEO Jonathan Shar received a grant of 60,000 performance-vested stock units (PSUs) at a stated price of $0.00 per share. Each PSU represents a contingent right to receive one share of BNED common stock and vests upon the stock achieving a specified price per share and continued employment through a specified date. Following this award, his directly held common shares were reported at 354,940.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SHAR JONATHAN
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 60,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 354,940 shares (Direct)
Footnotes (1)
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Key Figures
PSUs granted: 60,000 shares
Grant price: $0.00 per share
Shares following award: 354,940 shares
3 metrics
PSUs granted
60,000 shares
Performance-vested stock units granted to CEO Jonathan Shar
Grant price
$0.00 per share
Stated transaction price per share for the PSU award
Shares following award
354,940 shares
Total directly held Barnes & Noble Education common shares after the transaction
Key Terms
Performance Units, performance-vested stock unit (PSU), contingent right
3 terms
Performance Units financial
"Grant of Performance Units. Each performance-vested stock unit (PSU)..."
Performance units are company awards that become valuable only if specified business targets are met; they typically convert into shares or cash when performance goals are achieved. Think of them like a conditional bonus that turns into stock only if the company hits agreed milestones, so they align managers’ incentives with shareholders’ interests and can affect future share count, executive pay expense, and investor returns.
performance-vested stock unit (PSU) financial
"Each performance-vested stock unit (PSU) represents a contingent right..."
contingent right financial
"represents a contingent right to receive one share of BNED common stock"
FAQ
What insider transaction did Barnes & Noble Education (BNED) CEO Jonathan Shar report?
CEO Jonathan Shar reported a grant of 60,000 performance-vested stock units (PSUs). These units are a compensation award that may convert into BNED common shares if specified stock price and employment conditions are satisfied.
How many performance units did BNED grant to CEO Jonathan Shar in this Form 4?
Jonathan Shar received 60,000 performance-vested stock units. Each PSU represents a contingent right to receive one share of Barnes & Noble Education common stock, depending on meeting stock price and continued employment conditions.
What are the vesting conditions for the BNED PSUs granted to the CEO?
The PSUs vest upon BNED’s common stock achieving a specified price per share and the CEO’s continued employment through a specified date. Until those conditions are met, the units remain a contingent right to common shares.
How does this BNED Form 4 treat the granted PSUs economically?
Each granted PSU is a contingent right to one BNED common share, not an immediate share issuance. The units only deliver shares if the stock hits a specified price and employment continues through a specified date.