HF Sinclair (NYSE: DINO) SVP reports 17,181 shares, 16,371 RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
HF Sinclair Corp executive Matthew Joyce, SVP of Lubricants & Specialties, reported initial ownership of 17,181 shares of common stock. This holding includes 16,371 restricted stock units granted under the company’s 2020 long-term incentive plan.
These restricted stock units vest in stages, with 7,708 units scheduled to vest on December 1, 2026, 5,936 units on December 1, 2027, and 2,727 units on December 1, 2028, in each case contingent on continued employment. Vested units will be settled in HF Sinclair common stock within 30 days after each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Joyce Matthew
Role
SVP, Lubricants & Specialties
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,181 shares (Direct, null)
Footnotes (1)
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Key Figures
Common stock holding: 17,181 shares
Restricted stock units: 16,371 RSUs
RSUs vesting 2026: 7,708 units
+2 more
5 metrics
Common stock holding
17,181 shares
Total shares of HF Sinclair common stock following reporting
Restricted stock units
16,371 RSUs
Granted under 2020 Long Term Incentive Plan
RSUs vesting 2026
7,708 units
Scheduled to vest on December 1, 2026
RSUs vesting 2027
5,936 units
Scheduled to vest on December 1, 2027
RSUs vesting 2028
2,727 units
Scheduled to vest on December 1, 2028
Key Terms
restricted stock units, Amended and Restated 2020 Long Term Incentive Plan, vesting date, common stock
4 terms
restricted stock units financial
"Includes 16,371 restricted stock units granted under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan"
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.
Amended and Restated 2020 Long Term Incentive Plan financial
"granted under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan"
vesting date financial
"will vest on December 1, 2026, 5,936 will vest on December 1, 2027, and 2,727 will vest on December 1, 2028"
common stock financial
"paid within thirty (30) days following the vesting date in the form of the Issuer's common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does HF Sinclair (DINO) executive Matthew Joyce report on this Form 3?
Matthew Joyce reports initial ownership of 17,181 HF Sinclair common shares. The position includes 16,371 restricted stock units granted under the company’s 2020 long-term incentive plan, showing a significant equity-based component in his compensation package tied to future vesting.
How many restricted stock units does HF Sinclair (DINO) SVP Matthew Joyce hold?
He holds 16,371 restricted stock units in HF Sinclair. These units were granted under the Amended and Restated 2020 Long Term Incentive Plan and represent a future right to receive common stock, subject to vesting and continued employment conditions over several years.
When do Matthew Joyce’s HF Sinclair (DINO) restricted stock units vest?
His restricted stock units vest in three tranches: 7,708 units on December 1, 2026, 5,936 units on December 1, 2027, and 2,727 units on December 1, 2028. Each vesting date requires continued employment through that date to receive shares.
How will the HF Sinclair (DINO) restricted stock units be settled for Matthew Joyce?
Once vested, the restricted stock units will be paid in HF Sinclair common stock. Settlement occurs within thirty days after each vesting date, delivering a number of shares equal to the vested units, aligning his compensation with the company’s equity performance.
What role does the HF Sinclair (DINO) 2020 Long Term Incentive Plan play in this Form 3?
The 2020 Long Term Incentive Plan is the source of Joyce’s 16,371 restricted stock units. It structures his equity incentives over multiple years, linking compensation to sustained employment and share-based rewards that vest between 2026 and 2028 in scheduled installments.