Camping World (NYSE: CWH) director receives 20,325 RSUs in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BALTINS ANDRIS A reported acquisition or exercise transactions in this Form 4 filing.
Camping World Holdings director Andris A. Baltins received 20,325 Class A Common Stock restricted stock units as a compensation award. The RSUs vest in full on the first anniversary of the grant date, contingent on his continued board service. Following this grant, he holds 124,238 shares directly and 10,000 shares indirectly through the Baltins Family Limited Partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BALTINS ANDRIS A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 20,325 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 124,238 shares (Direct, null);
Class A Common Stock — 10,000 shares (Indirect, By Baltins Family Limited Partnership)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 20,325 units
Grant price: $0.0000 per unit
Direct holdings after grant: 124,238 shares
+2 more
5 metrics
RSUs granted
20,325 units
Restricted stock units of Class A Common Stock granted to director
Grant price
$0.0000 per unit
Compensation award, not an open-market purchase
Direct holdings after grant
124,238 shares
Class A Common Stock held directly after RSU award
Indirect holdings
10,000 shares
Held through Baltins Family Limited Partnership
Vesting schedule
1-year cliff
RSUs vest in full on first anniversary of grant date
Key Terms
restricted stock units, Class A Common Stock, vest in full, grant, award, or other acquisition, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive 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.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest in full financial
"The RSUs vest in full on the first anniversary of the date of grant"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "By Baltins Family Limited Partnership""
FAQ
What insider transaction did CWH director Andris Baltins report on this Form 4?
Director Andris A. Baltins reported receiving 20,325 restricted stock units of Camping World Holdings Class A Common Stock as a grant. This was a compensation-related award at no purchase price, rather than an open-market share purchase or sale.
How do the 20,325 RSUs granted to CWH director Baltins vest?
The 20,325 RSUs vest in full on the first anniversary of the grant date. Vesting is conditioned on Baltins continuing to serve on Camping World Holdings’ board of directors through that one-year vesting date, according to the filing’s footnote.
Are the 20,325 CWH RSUs a market purchase by director Baltins?
No, the 20,325 RSUs were granted at a price of $0.00 per unit as compensation. The transaction code “A” denotes a grant, award, or other acquisition, rather than an open-market purchase funded by the director.
What does each RSU granted to CWH director Baltins represent?
Each restricted stock unit represents a contingent right to receive one share of Camping World Holdings Class A Common Stock. Delivery of shares occurs upon vesting, subject to the director’s continued service on the company’s board through the vesting date.