DICK'S Sporting Goods (DKS) director awarded 838 restricted shares, now holds 10,790 total
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barrenechea Mark J reported acquisition or exercise transactions in this Form 4 filing.
DICK'S Sporting Goods director Mark J. Barrenechea reported a stock-based compensation grant. He received 838 shares of time-based restricted common stock, which were awarded at no cash purchase price and are subject to vesting conditions.
Following the grant, Barrenechea directly holds 1,813 shares of common stock and indirectly holds 8,977 shares through a trust, reflecting a mix of personal and trust-based ownership rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Barrenechea Mark J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 838 | $0.00 | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 1,813 shares (Direct, null);
Common Stock, par value $0.01 per share — 8,977 shares (Indirect, By Trust)
Footnotes (1)
- Shares of time-based restricted stock, subject to vesting. The reporting person transferred 4,962 shares to a trust that were previously reported as directly beneficially owned.
Key Figures
Restricted stock grant: 838 shares
Grant price: $0.0000 per share
Direct holdings after grant: 1,813 shares
+2 more
5 metrics
Restricted stock grant
838 shares
Time-based restricted common stock award, transaction code A
Grant price
$0.0000 per share
Equity compensation, no cash purchase price
Direct holdings after grant
1,813 shares
Common stock directly owned after transaction
Indirect holdings by trust
8,977 shares
Common stock held indirectly by trust
Shares transferred to trust
4,962 shares
Previously directly owned, now held by trust (footnote)
Key Terms
time-based restricted stock, Grant, award, or other acquisition, indirect, By Trust, +1 more
5 terms
time-based restricted stock financial
"Shares of time-based restricted stock, subject to vesting."
Time-based restricted stock are company shares granted to employees or executives that become fully owned and transferable only after the recipient stays with the company for specified time periods. Think of it like receiving a wrapped gift that opens a little each year; the gradual unlocking helps keep employees motivated and tied to long-term performance. Investors watch these grants because they can dilute existing shares when they vest and signal how management is being rewarded and incentivized.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect financial
"ownership_type: indirect; nature_of_ownership: By Trust"
By Trust financial
"nature_of_ownership: By Trust"
time-based restricted stock, subject to vesting financial
"Shares of time-based restricted stock, subject to vesting."
FAQ
What did DKS director Mark J. Barrenechea acquire in this Form 4 filing?
Mark J. Barrenechea received 838 shares of DICK'S Sporting Goods common stock as time-based restricted stock. These shares were granted as compensation, carry no cash purchase price, and will vest over time according to the company’s equity award terms.
What does time-based restricted stock mean in the DKS Form 4 for Barrenechea?
Time-based restricted stock refers to shares that vest over a set period, subject to continued service or similar conditions. In Barrenechea’s case, the Form 4 notes the 838 shares are time-based restricted stock, meaning he fully owns them only as they vest over time.