HF Sinclair (NYSE: DINO) grants CEO 1,210 stock units vesting in 2026
Rhea-AI Filing Summary
MYERS FRANKLIN reported acquisition or exercise transactions in this Form 4 filing.
HF Sinclair reported that CEO Franklin Myers received a grant of 1210.0000 restricted stock units on July 17, 2026 under its Amended and Restated 2020 Long Term Incentive Plan. The units vest on December 1, 2026 and will be settled in common stock on May 1, 2028, bringing his direct holdings to 179841.0000 common shares.
Positive
- None.
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Insider Trade Summary
Net Buyer: 1,210 shares
Net Buy
1 txn
Insider
MYERS FRANKLIN
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,210 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 179,841 shares (Direct)
Footnotes (1)
- F1. Restricted stock units granted under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan. The restricted stock units vest on December 1, 2026, provided that the reporting person continues to provide services to the Issuer through such vesting date. The vested restricted stock units will be paid on May 1, 2028 in the form of the Issuer's common stock equal to the number of vested restricted stock units.
Key Figures
Restricted stock units granted: 1210.0000 units
Shares held after transaction: 179841.0000 shares
Vesting date: December 1, 2026
+1 more
4 metrics
Restricted stock units granted
1210.0000 units
Grant to CEO Franklin Myers on 2026-07-17 under long-term incentive plan
Shares held after transaction
179841.0000 shares
Direct HF Sinclair common stock holdings following the July 17, 2026 award
Vesting date
December 1, 2026
Date on which the restricted stock units vest, subject to continued service
Payment date
May 1, 2028
Date vested restricted stock units will be paid in HF Sinclair common stock
Key Terms
Restricted stock units, Amended and Restated 2020 Long Term Incentive Plan, vest
3 terms
Restricted stock units financial
"Restricted stock units granted under the HF Sinclair Corporation..."
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
"under the HF Sinclair Corporation Amended and Restated 2020 Long Term..."
vest financial
"The restricted stock units vest on December 1, 2026, provided that..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did HF Sinclair (DINO) CEO Franklin Myers report in this Form 4?
Franklin Myers, CEO of HF Sinclair, was granted 1210.0000 restricted stock units on July 17, 2026. These units vest on December 1, 2026, contingent on continued service, and will be settled in HF Sinclair common stock on May 1, 2028.
When do the 1,210 HF Sinclair (DINO) restricted stock units vest and pay out?
The 1210.0000 restricted stock units vest on December 1, 2026, provided Franklin Myers continues serving HF Sinclair through that date. Once vested, they will be paid in the company’s common stock on May 1, 2028, matching the number of vested units.
Is this HF Sinclair (DINO) Form 4 transaction a market purchase?
No open-market purchase is reported in this filing. The transaction is coded as a “Grant, award, or other acquisition” of 1210.0000 units with a recorded price of $0.0000 per share, indicating equity compensation rather than a cash stock purchase transaction.