HF Sinclair awards 6,970 RSUs to acting CFO
Garg Vivek reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Garg Vivek reported acquisition or exercise transactions in this Form 4 filing.
HF Sinclair executive Vivek Garg received an equity award of 6,970 restricted stock units of common stock. These units were granted at no cash cost under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan and increase his directly held common stock to 12,192 shares after the award.
The restricted stock units will vest in two equal annual installments beginning on December 1, 2026 (or the next business day if that date falls on a weekend), as long as he remains employed by the company through each vesting date. Within 30 days after each vesting date, the vested units will be settled in HF Sinclair common stock equal to the number of vested units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,970 | $0.00 | $0.00 |
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 in two equal annual installments beginning December 1, 2026 (or on the first business day thereafter if such date falls on a weekend), provided that the reporting person remains in the employ of the Issuer from the grant date through each such vesting date. The vested restricted stock units will be paid within 30 days following the vesting date in the form of the Issuer's common stock equal to the number of vested restricted stock units.
FAQ
What did HF Sinclair (DINO) executive Vivek Garg report in this Form 4?
What are the vesting terms of Vivek Garg’s HF Sinclair restricted stock units?
When will Vivek Garg receive HF Sinclair common stock from these restricted stock units?
Under which plan were the HF Sinclair restricted stock units granted to Vivek Garg?
AI-generated analysis. How Rhea-AI works. Not financial advice.