Director at Brilliant Earth (BRLT) receives 72,519 RSUs as equity pay
Rhea-AI Filing Summary
Harris Jennifer Noel reported acquisition or exercise transactions in this Form 4 filing.
Brilliant Earth Group, Inc. director Jennifer Noel Harris received a grant of 72,519 shares of Class A common stock in the form of restricted stock units as part of the company’s compensation program for non-employee directors. The award value is set at $95,000, determined by dividing that amount by the average closing price of the stock over the most recently completed month before the grant. These restricted stock units will vest on the earlier of the first anniversary of the grant date or the date of Brilliant Earth’s 2027 annual stockholder meeting, if she continues to serve as a director through that time. After this grant, Harris directly holds 252,322 shares of Class A common stock.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 72,519 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of a restricted stock unit award under the Issuer's compensation program for non-employee directors which provides for an annual grant of restricted stock units to non-employee directors calculated by dividing (a) $95,000 by (b) the average closing trading price of the Issuer's Class A common stock over the most recent completed month as of the grant date, rounded down to the nearest whole restricted stock unit. The award will vest on the earlier of the first anniversary of the grant date or the date of the Issuer's 2027 annual stockholder's meeting, subject to continued service through the applicable vesting date.
Key Figures
Key Terms
restricted stock unit financial
non-employee directors financial
average closing trading price financial
annual stockholder's meeting financial
vesting date financial
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