HF Sinclair (NYSE: DINO) CEO awarded 1,747 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYERS FRANKLIN reported acquisition or exercise transactions in this Form 4 filing.
HF Sinclair Corp reported that CEO and President Franklin Myers received a grant of 1,747 shares of common stock as a stock award. These are structured as restricted stock units under the company’s Amended and Restated 2020 Long Term Incentive Plan.
The restricted stock units vest on December 1, 2026 if Myers continues providing services through that date, and are scheduled to be paid in common stock on May 1, 2028. Following this grant, Myers directly holds 160,553 shares of HF Sinclair common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MYERS FRANKLIN
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,747 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 160,553 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,747 shares
Post-transaction holdings: 160,553 shares
Grant price per share: $0.00 per share
+2 more
5 metrics
RSU grant size
1,747 shares
Restricted stock units granted to CEO Franklin Myers
Post-transaction holdings
160,553 shares
Total HF Sinclair common shares held directly after grant
Grant price per share
$0.00 per share
Equity grant awarded at no cash cost to CEO
Vesting date
December 1, 2026
RSUs vest if services continue through this date
Settlement date
May 1, 2028
Vested RSUs to be paid in HF Sinclair common stock
Key Terms
Restricted stock units, Long Term Incentive Plan, vesting
3 terms
Restricted stock units financial
"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.
Long Term Incentive Plan financial
"Restricted stock units granted under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan."
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
vesting financial
"The restricted stock units vest on December 1, 2026, provided that the reporting person continues to provide services."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did HF Sinclair (DINO) report for CEO Franklin Myers?
HF Sinclair reported that CEO Franklin Myers received a grant of 1,747 restricted stock units of common stock as compensation. The award was made at no cash cost to him and increases his direct holdings to 160,553 HF Sinclair shares.
When do Franklin Myers’ restricted stock units in HF Sinclair (DINO) vest?
The restricted stock units granted to Franklin Myers vest on December 1, 2026, provided he continues to provide services to HF Sinclair through that date. Only after vesting will the units be eligible for settlement into common stock.
Under what plan were the HF Sinclair (DINO) restricted stock units granted?
The restricted stock units were granted under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan. This plan is used to provide equity-based compensation intended to align executives’ interests with those of shareholders over time.