3D Systems EVP granted 140,000 equity awards
3D Systems Corp executive receives equity awards as compensation.
Rhea-AI Filing Summary
3D Systems Corp executive receives equity awards as compensation. EVP of Engineering & Operations Joseph R. Zuiker was granted 70,000 performance-based restricted stock units and 70,000 shares of restricted common stock on April 1, 2025. The restricted stock award brings his direct common stock holdings to 216,498 shares.
According to the disclosure, one-third of the 70,000 restricted shares vest on April 1, 2026, another third on April 1, 2027, and the remainder on April 1, 2028, subject to continued employment. Each performance share unit converts into one share of common stock if the company’s stock reaches a specified price per share, with an expiration date of April 1, 2028. The filing notes it was inadvertently submitted late due to an administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Based Restricted Stock Units | 70,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 70,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. Inadvertently filed late due to administrative error.
- F2. The Reporting Person has been awarded 70,000 shares of restricted stock under the Issuer's 2015 Incentive Plan. One-third of the total shares awarded vest on April 1, 2026, an additional one-third of the total shares awarded vest on April 1, 2027, and the remaining shares awarded vest on April 1, 2028, subject to continued employment.
- F3. 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
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What insider transactions did 3D Systems (DDD) report for Joseph R. Zuiker?
How do Joseph R. Zuiker’s new restricted stock awards at 3D Systems (DDD) vest?
Was the amended Form 4 for 3D Systems (DDD) filed late?
AI-generated analysis. How Rhea-AI works. Not financial advice.