BellRing director awarded 1,935 stock units
Nwamu Chonda J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Nwamu Chonda J reported acquisition or exercise transactions in this Form 4 filing.
BellRing Brands director Nwamu Chonda J reported an award of 1,935 shares of Common Stock in the form of restricted stock units. The grant was received as consideration for serving on a special board committee overseeing the selection of a successor President and CEO.
Each restricted stock unit represents one share of BellRing Brands Common Stock under the company’s 2019 Long-Term Incentive Plan and vests in full on the first anniversary of the grant date. Following this award, Nwamu directly holds 23,632 shares of Common Stock.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,935 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
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Why did BellRing Brands (BRBR) award restricted stock units to Nwamu Chonda J?
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