DMC Global (BOOM) CEO O’Leary records cash-settled 72,040-unit RSU vesting
Rhea-AI Filing Summary
DMC Global Inc. executive chair, president and CEO James O’Leary reported a compensation-related RSU vesting that was settled entirely in cash, not stock. On July 1, 2026, 72,040 restricted stock units vested and were settled for cash at $6.26 per unit, equal to the closing share price.
The Form 4 shows a matching derivative exercise and disposition to the issuer, reflecting this cash settlement structure rather than open-market trading. After these transactions, O’Leary directly holds 191,392 shares of DMC Global common stock, with no remaining derivative position disclosed in this filing.
Positive
- None.
Negative
- None.
Insights
Routine cash-settled RSU vesting; no open-market trading or new shares issued.
The filing describes 72,040 restricted stock units granted to James O’Leary that vested on July 1, 2026. Each RSU paid cash equal to the Fair Market Value of a share, shown as $6.26 per unit, instead of delivering stock.
Form 4 codes show a derivative exercise and a disposition to the issuer, but the footnotes clarify these are accounting entries for cash settlement, not market buys or sells. Following the transaction, O’Leary directly owns 191,392 common shares. This is a standard compensation event with neutral investment significance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 72,040 | $0.00 | -- |
| Exercise | Common Stock | 72,040 | $0.00 | -- |
| Disposition | Common Stock | 72,040 | $6.26 | $451K |
Footnotes (1)
- On July 1, 2026, one-third of the restricted stock units ("RSUs") previously granted to the reporting person on July 1, 2025, vested and were settled in cash. No shares of common stock of the Issuer ("Shares") were issued upon settlement, and the reporting person received a cash payment equal to the closing price ("Fair Market Value") of a Share for each vested RSU. Reflects cash settlement of RSUs. Each RSU represents the right to receive the Fair Market Value of one Share.