Chefs' Warehouse (CHEF) director awarded 1,652 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEWIS AYLWIN B reported acquisition or exercise transactions in this Form 4 filing.
Chefs' Warehouse, Inc. director Aylwin B. Lewis received an equity grant in the form of restricted stock units. He was awarded 1,652 time-vested restricted stock units, each convertible into one share of common stock, at no cash cost to him. Following this grant, he directly owns 19,898 shares of common stock. The units will generally vest at the earlier of the company’s 2027 annual stockholders’ meeting or the one-year anniversary of the grant date, aligning his compensation with long-term shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEWIS AYLWIN B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,652 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,898 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,652 units
Grant price: $0.00 per share
Shares after transaction: 19,898 shares
+1 more
4 metrics
RSUs granted
1,652 units
Time-vested restricted stock units awarded to director
Grant price
$0.00 per share
Restricted stock unit award price
Shares after transaction
19,898 shares
Director’s direct holdings following grant
Vesting trigger
2027 meeting or 1-year from grant
Earlier of 2027 annual stockholders’ meeting or one-year anniversary
Key Terms
restricted stock units, Amended and Restated 2019 Omnibus Equity Incentive Plan, annual stockholders' meeting
3 terms
restricted stock units financial
"The Reporting Person was granted 1,652 time-vested restricted stock units, each convertible into one share of common stock"
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.
Amended and Restated 2019 Omnibus Equity Incentive Plan financial
"pursuant to The Chefs' Warehouse, Inc. Amended and Restated 2019 Omnibus Equity Incentive Plan"
annual stockholders' meeting regulatory
"will generally vest at the earlier of the date of the Issuer's 2027 annual stockholders' meeting or the one-year anniversary"
FAQ
What insider transaction did Chefs' Warehouse (CHEF) report for Aylwin B. Lewis?
Chefs' Warehouse reported that director Aylwin B. Lewis received 1,652 time-vested restricted stock units. Each unit converts into one share of common stock, representing a stock-based compensation award rather than an open-market purchase or sale.
What type of equity award did Chefs' Warehouse (CHEF) grant to Aylwin B. Lewis?
He received 1,652 time-vested restricted stock units under The Chefs' Warehouse, Inc. Amended and Restated 2019 Omnibus Equity Incentive Plan. Each unit is convertible into one share of common stock upon vesting, providing stock-based compensation.
When will Aylwin B. Lewis’s restricted stock units in Chefs' Warehouse (CHEF) vest?
The 1,652 restricted stock units will generally vest at the earlier of Chefs' Warehouse’s 2027 annual stockholders’ meeting or the one-year anniversary of the grant date, creating a relatively near-term vesting horizon tied to governance timing.