HF Sinclair (NYSE: DINO) CEO receives 1,578 RSUs vesting in 2026
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 1,578 restricted stock units of common stock as compensation. The award carries a price per unit of $0.00 and was issued under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan.
The restricted stock units vest on December 1, 2026, if Myers continues to provide services to the company through that date, and will be settled in common shares on May 1, 2028. After this grant, Myers directly holds 178,631 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 | 1,578 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 178,631 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,578 restricted stock units
Grant price per unit: $0.00 per unit
Vesting date: December 1, 2026
+2 more
5 metrics
RSU grant size
1,578 restricted stock units
Equity award to CEO Franklin Myers
Grant price per unit
$0.00 per unit
Compensation award terms
Vesting date
December 1, 2026
RSUs vest if service continues through this date
Settlement date
May 1, 2028
Vested RSUs paid in common stock
Shares held after grant
178,631 shares
CEO Franklin Myers’ direct common stock holdings
Key Terms
restricted stock units, Amended and Restated 2020 Long Term Incentive Plan, vesting date, common stock
4 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.
Amended and Restated 2020 Long Term Incentive Plan financial
"Restricted stock units granted under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan."
vesting date financial
"The restricted stock units vest on December 1, 2026, provided that the reporting person continues to provide services."
common stock financial
"paid on May 1, 2028 in the form of the Issuer's common stock equal to the number of vested restricted stock units."
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 insider transaction did HF Sinclair (DINO) report for CEO Franklin Myers?
HF Sinclair reported that CEO Franklin Myers received 1,578 restricted stock units of common stock as a compensation grant. The award was made at $0.00 per unit under the company’s Amended and Restated 2020 Long Term Incentive Plan.
When do Franklin Myers’ new HF Sinclair (DINO) restricted stock units vest?
The 1,578 restricted stock units granted to Franklin Myers vest on December 1, 2026, provided he continues to serve HF Sinclair through that date. This vesting schedule ties the award to ongoing service with the company over the coming years.
How and when will Franklin Myers’ HF Sinclair (DINO) RSUs be paid?
After vesting, Franklin Myers’ restricted stock units will be paid on May 1, 2028 in HF Sinclair common stock. He will receive a number of shares equal to the vested units, converting this compensation award into actual share ownership.
What plan governs the new HF Sinclair (DINO) RSU grant to the CEO?
The restricted stock unit grant to CEO Franklin Myers was issued under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan. This plan provides equity-based compensation intended to align executive interests with long-term shareholder value.