BellRing Brands (NYSE: BRBR) CFO receives 29,043 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BellRing Brands, Inc. executive Paul A. Rode, listed as CFO & Treasurer, reported an equity award on Common Stock. He acquired 29,043 restricted stock units, valued at $18.98 per unit, under the BellRing Brands, Inc. 2019 Long-Term Incentive Plan.
Each restricted stock unit represents a contingent right to receive one share of Common Stock. The units vest in full on the first anniversary of the grant date, subject to the award agreement. Following this grant, Rode directly holds 144,096 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RODE PAUL A
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,043 | $18.98 | $551K |
Holdings After Transaction:
Common Stock — 144,096 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BellRing Brands (BRBR) report for Paul A. Rode?
BellRing Brands reported that Paul A. Rode, its CFO & Treasurer, received a grant of 29,043 restricted stock units. These units represent contingent rights to receive Common Stock under the company’s 2019 Long-Term Incentive Plan, rather than an open-market share purchase.
How many restricted stock units did the BellRing Brands (BRBR) CFO receive?
Paul A. Rode received 29,043 restricted stock units tied to BellRing Brands Common Stock. Each restricted stock unit equals a contingent right to one share, granted under the 2019 Long-Term Incentive Plan, and will convert into shares only if vesting conditions are satisfied.
What is the vesting schedule for Paul A. Rode’s BellRing Brands (BRBR) stock units?
The restricted stock units granted to Paul A. Rode vest in full on the first anniversary of the grant date. Vesting is subject to the terms and conditions in the applicable award agreement governing the BellRing Brands, Inc. 2019 Long-Term Incentive Plan.
What was the reference price for the BellRing Brands (BRBR) restricted stock units granted?
The 29,043 restricted stock units granted to Paul A. Rode were valued at a reference price of $18.98 per unit. This price is used for reporting the award and does not indicate an open-market transaction by the executive.
Is Paul A. Rode’s BellRing Brands (BRBR) transaction a stock purchase or an equity award?
The transaction is an equity award, not an open-market stock purchase. Paul A. Rode received 29,043 restricted stock units as a grant under the 2019 Long-Term Incentive Plan, which will vest after one year subject to plan terms.