Chefs' Warehouse (CHEF) director receives 1,652 RSUs equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chefs' Warehouse director Wendy M. Weinstein received an equity award of 1,652 time-vested restricted stock units. Each unit converts into one share of common stock under The Chefs' Warehouse, Inc. Amended and Restated 2019 Omnibus Equity Incentive Plan, with no purchase price shown.
The restricted stock units generally vest at the earlier of the company’s 2027 annual stockholders’ meeting or the one-year anniversary of the grant date. Following this grant, Weinstein’s direct holdings reported in the filing total 8,240 shares of common stock, reflecting a relatively small, routine compensation-related acquisition rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weinstein Wendy M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,652 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,240 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,652 units
Grant price: $0.0000 per share
Post-transaction holdings: 8,240 shares
+1 more
4 metrics
RSU grant size
1,652 units
Time-vested restricted stock units, each for one common share
Grant price
$0.0000 per share
Reported transaction price for equity award
Post-transaction holdings
8,240 shares
Total direct common stock holdings after grant
Vesting endpoint
2027 annual meeting
RSUs vest by 2027 meeting or one year from grant
Key Terms
restricted stock units, time-vested, Amended and Restated 2019 Omnibus Equity Incentive Plan
3 terms
restricted stock units financial
"The Reporting Person was granted 1,652 time-vested restricted stock units, each convertible into one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-vested financial
"The Reporting Person was granted 1,652 time-vested restricted stock units, each convertible into one share"
Time-vested describes a right—such as stock options, restricted shares, or pension benefits—that becomes fully owned by an individual only after they have waited for or worked through a specified period. For investors, it matters because these delayed ownership rules affect when insiders or employees can sell shares, which influences share supply, executive incentives, and the timing of potential stock dilution or insider-driven stock sales.
Amended and Restated 2019 Omnibus Equity Incentive Plan financial
"pursuant to The Chefs' Warehouse, Inc. Amended and Restated 2019 Omnibus Equity Incentive Plan"
FAQ
What did Chefs' Warehouse (CHEF) director Wendy Weinstein report in this Form 4?
Director Wendy M. Weinstein reported receiving 1,652 time-vested restricted stock units as an equity award. Each unit converts into one share of Chefs' Warehouse common stock under the company’s 2019 Omnibus Equity Incentive Plan, with no cash purchase price involved.
What are the vesting terms of Wendy Weinstein’s 1,652 restricted stock units at Chefs' Warehouse?
The 1,652 restricted stock units generally vest at the earlier of the company’s 2027 annual stockholders’ meeting or the one-year anniversary of the grant date. Vesting conditions mean Weinstein will receive common shares over time, aligning compensation with ongoing board service.
Was Wendy Weinstein’s Chefs' Warehouse Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale; it was an equity grant. The filing shows an “A” code for grant or award, 1,652 shares at a price of $0.0000, reflecting compensation in restricted stock units rather than an open-market trade by the director.
Under which plan were Wendy Weinstein’s restricted stock units at Chefs' Warehouse granted?
The restricted stock units were granted under The Chefs' Warehouse, Inc. Amended and Restated 2019 Omnibus Equity Incentive Plan. This plan governs equity-based compensation awards, such as time-vested restricted stock units, granted to directors and other eligible participants of the company.