Distribution Solutions Group (DSGR) director awarded 4,601 restricted stock units vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Distribution Solutions Group director Robert Zamarripa received a grant of 4,601 restricted stock units of common stock. The award is valued at $27.17 per unit and increases his direct holdings to 51,706 shares after the transaction. These restricted stock units will vest on May 14, 2027, subject to the award agreement, and then convert into shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zamarripa Robert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock - Restricted Stock Units | 4,601 | $27.17 | $125K |
Holdings After Transaction:
Common Stock - Restricted Stock Units — 51,706 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 4,601 units
Grant value per unit: $27.17 per unit
Holdings after grant: 51,706 shares
+1 more
4 metrics
RSUs granted
4,601 units
Restricted stock units of common stock granted to director
Grant value per unit
$27.17 per unit
Reported valuation of restricted stock unit grant
Holdings after grant
51,706 shares
Direct common stock holdings after reported transaction
Vesting date
May 14, 2027
RSUs vest and convert to common stock on this date
Key Terms
Restricted Stock Units, vest, award agreement, Form 4
4 terms
Restricted Stock Units financial
"These Restricted Stock Units will vest on May 14, 2027, subject to the terms and conditions of the award agreement"
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.
vest financial
"These Restricted Stock Units will vest on May 14, 2027, subject to the terms and conditions of the award agreement"
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.
award agreement financial
"subject to the terms and conditions of the award agreement and convert to shares of Common Stock"
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Distribution Solutions Group (DSGR) director Robert Zamarripa report in this Form 4?
Director Robert Zamarripa reported receiving a grant of 4,601 restricted stock units of common stock. The award was valued at $27.17 per unit and increased his direct holdings to 51,706 shares after the transaction.
Are the DSGR restricted stock units granted to Robert Zamarripa fully vested now?
No, the 4,601 restricted stock units granted to Robert Zamarripa will vest on May 14, 2027. Vesting is subject to the terms and conditions of the award agreement, after which they convert into shares of common stock.
What is the transaction code used in Robert Zamarripa’s DSGR Form 4 filing?
The transaction uses code "A," indicating a grant, award, or other acquisition. In this case, it reflects compensation in the form of 4,601 restricted stock units of common stock, rather than an open-market share purchase or sale.
At what price were Robert Zamarripa’s DSGR restricted stock units valued?
The 4,601 restricted stock units granted to Robert Zamarripa were valued at $27.17 per unit. This price is used for reporting purposes in the Form 4 and does not necessarily represent a cash transaction in the open market.