GPGI (GPGI) officer awarded 143,754 stock options in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schoen Kurt reported acquisition or exercise transactions in this Form 4 filing.
GPGI, Inc. reported that officer Kurt Schoen received a grant of stock options covering 143,754 shares on the reported date. These options were awarded with no cash paid at grant. They vest in four equal 25% installments on each of the first through fourth anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schoen Kurt
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 143,754 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 143,754 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did GPGI report for Kurt Schoen on this Form 4?
GPGI reported that officer Kurt Schoen received a grant of stock options for 143,754 shares. The award was recorded at zero transaction price and represents a compensation-related acquisition rather than an open-market stock purchase or sale.
How many GPGI stock options were granted to Kurt Schoen?
Kurt Schoen was granted stock options covering 143,754 shares of GPGI common stock. This entire amount was acquired in a single award, and his total derivative holdings reported after the transaction were 143,754 stock options.
What does the transaction code A mean in the GPGI Form 4 filing?
Transaction code A on the GPGI Form 4 indicates a grant, award, or other acquisition of a derivative security. Here, it reflects the award of stock options to officer Kurt Schoen as part of compensation rather than a market buy or sell.
How do the GPGI stock options granted to Kurt Schoen vest over time?
The stock options granted to Kurt Schoen vest in four equal annual installments of 25%. Vesting occurs on each of the first, second, third, and fourth anniversaries of the grant date, aligning the award with multi-year service at GPGI.
What is Schoen’s reported stock option position in GPGI after this grant?
After the grant, Kurt Schoen’s reported holdings in this derivative security total 143,754 stock options. The filing lists this amount as the total number of options beneficially owned following the reported award transaction.