Century Casinos (CNTY) director receives 4,000 RSUs and new stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Casinos director Gottfried Schellmann reported equity-based compensation awards. He received 4,000 restricted stock units, each representing a contingent right to one share of CNTY common stock, and 2,439 shares of common stock acquired upon settlement of restricted stock units. Following the common stock award, he directly holds 87,796 CNTY shares. The 4,000 restricted stock units vest on March 17, 2027, with vested shares scheduled to be delivered on March 18, 2027, and dividend equivalent rights accruing as dividends are paid on the common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SCHELLMANN GOTTFRIED
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,000 | $0.00 | -- |
| Grant/Award | Common Stock | 2,439 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,000 shares (Direct);
Common Stock — 87,796 shares (Direct)
Footnotes (1)
- The reporting person acquired these shares upon the settlement of Restricted Stock Units of the issuer. Each restricted stock unit represents a contingent right to receive one share of CNTY common stock. The restricted stock units vest on March 17, 2027. Vested shares will be delivered to the reporting person on March 18, 2027. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on Issuer's common stock.
FAQ
What insider transactions did CNTY director Gottfried Schellmann report?
Gottfried Schellmann reported equity compensation transactions, receiving 4,000 restricted stock units and 2,439 CNTY common shares at no cash cost. The common shares were acquired upon settlement of restricted stock units as part of his director compensation.
What are the terms of the new Century Casinos (CNTY) restricted stock units?
Schellmann received 4,000 restricted stock units, each representing a contingent right to one CNTY common share. These units vest on March 17, 2027, with vested shares scheduled for delivery on March 18, 2027, assuming continued satisfaction of vesting conditions.
Do the CNTY restricted stock units include dividend equivalents?
Yes. Dividend equivalent rights accrue on these restricted stock units when and as dividends are paid on Century Casinos’ common stock. This means the award tracks dividend value during the vesting period, enhancing the overall compensation alignment with shareholders.