3D Systems (DDD) awards 200,000 stock and performance units to EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Puthenveetil Reji reported acquisition or exercise transactions in this Form 4 filing.
3D Systems Corp executive Reji Puthenveetil received new equity awards. On March 13, 2026, he was granted 100,000 shares of common stock under the company’s 2015 Incentive Plan, with no purchase price. These restricted shares vest in three equal installments on April 1 of 2027, 2028, and 2029, subject to continued employment, and bring his direct common stock holdings to 531,527 shares.
He was also awarded 100,000 performance-based restricted stock units, each representing a contingent right to one share of common stock. These performance share units vest only if 3D Systems’ stock reaches specified price levels and expire on April 1, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Puthenveetil Reji
Role
EVP, Additive Solutions & CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Based Restricted Stock Units | 100,000 | $0.00 | -- |
| Grant/Award | Common Stock | 100,000 | $0.00 | -- |
Holdings After Transaction:
Performance Based Restricted Stock Units — 100,000 shares (Direct);
Common Stock — 531,527 shares (Direct)
Footnotes (1)
- On March 13, 2026, the Reporting Person was awarded 100,000 shares of restricted stock under the Issuer's 2015 Incentive Plan . One-third of the total shares awarded vest on April 1, 2027, an additional one-third of the total shares awarded vest on April 1, 2028, and the remaining shares awarded vest on April 1, 2029, subject to continued employment. Each performance share unit represents a contingent right to receive one share of the Issuer's common stock. The performance share units vest upon the Issuer's common stock achieving a specified price per share.
FAQ
What insider transactions did Reji Puthenveetil report for 3D Systems (DDD)?
Reji Puthenveetil reported two equity awards from 3D Systems on March 13, 2026. He received 100,000 restricted common shares and 100,000 performance-based restricted stock units, both granted at no purchase price as part of the company’s incentive compensation.
What are the vesting terms of Reji Puthenveetil’s restricted stock in 3D Systems (DDD)?
The 100,000 restricted shares vest over three years, one-third on April 1, 2027, another third on April 1, 2028, and the final third on April 1, 2029. Vesting is conditioned on Reji Puthenveetil’s continued employment with 3D Systems throughout the schedule.
How do the performance-based restricted stock units for 3D Systems (DDD) vest?
Each of the 100,000 performance share units represents a right to one 3D Systems common share. They vest only if the company’s stock reaches a specified price per share, tying the award directly to share price performance. Unvested units expire on April 1, 2029.
Is Reji Puthenveetil buying or selling 3D Systems (DDD) stock in this Form 4?
The Form 4 shows equity awards, not open-market trades. Reji Puthenveetil acquired 100,000 restricted shares and 100,000 performance-based units at a transaction price of zero, indicating compensation grants rather than purchases or sales in the market.
What role does Reji Puthenveetil hold at 3D Systems (DDD)?
Reji Puthenveetil serves as Executive Vice President, Additive Solutions and Chief Commercial Officer at 3D Systems. The reported Form 4 transactions reflect equity compensation awards associated with his executive role, including restricted stock and performance-based stock units.