BellRing director buys shares, gets stock awards
BellRing Brands director David Isaiah Finkelstein increased his stake through a mix of stock awards and an open-market purchase.
Rhea-AI Filing Summary
BellRing Brands director David Isaiah Finkelstein increased his stake through a mix of stock awards and an open-market purchase. He received 5,391 shares of Common Stock as a restricted stock unit grant on January 29 and a further 1,935 restricted stock units on February 17, both with no cash price and vesting in full one year after grant. On February 13, he also bought 2,000 Common Stock shares in the open market at $17.75 per share. Following these transactions, he directly owns 9,326 Common Stock shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,935 | $0.00 | $0.00 |
| Purchase | Common Stock | 2,000 | $17.75 | $36K |
| Grant/Award | Common Stock | 5,391 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Issuer granted under the BellRing Brands, Inc. 2019 Long-Term Incentive Plan. The restricted stock units vest in full on the first anniversary of the date of grant subject to the terms of the award agreement.
- F2. The reporting person was granted restricted stock units in consideration of service on a special committee of the Board of Directors formed to oversee the selection of a successor President and CEO. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Issuer granted under the BellRing Brands, Inc. 2019 Long-Term Incentive Plan. The restricted stock units vest in full on the first anniversary of the date of grant subject to the terms of the award agreement.
FAQ
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What insider transactions did David Isaiah Finkelstein report for BellRing Brands (BRBR)?
What were the terms of the restricted stock unit grants to the BellRing Brands (BRBR) director?
Why did BellRing Brands (BRBR) grant additional restricted stock units to David Isaiah Finkelstein?
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