BellRing director receives 2,765-share equity award
CONWAY SHAWN reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
CONWAY SHAWN reported acquisition or exercise transactions in this Form 4 filing.
BellRing Brands, Inc. director Shawn Conway reported an equity award of 2,765 shares of Common Stock in the form of restricted stock units. These units were granted as consideration for his service on a special committee of the Board overseeing the selection of a successor President and CEO.
Each restricted stock unit represents the right to receive 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, subject to the award terms. Following this grant, Conway’s directly held common stock position increased to 16,157.482 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,765 | $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.
AI-generated analysis. How Rhea-AI works. Not financial advice.