Distribution Solutions Group (DSGR) director receives 4,601 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Distribution Solutions Group director Steven Edelson received a grant of 4,601 Restricted Stock Units (RSUs) of Common Stock. The award is recorded at a reference price of $27.17 per share and is classified as a grant/award acquisition, not an open-market purchase.
The footnote states these RSUs will vest on May 14, 2027, subject to the award agreement’s terms, and will then convert into shares of Common Stock. Following this grant, Edelson directly holds 103,284 shares of the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Edelson I Steven
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 — 103,284 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 4,601 units
Grant reference price: $27.17 per share
Post-transaction holdings: 103,284 shares
+1 more
4 metrics
RSU grant size
4,601 units
Restricted Stock Units of Common Stock granted to director
Grant reference price
$27.17 per share
Reporting price for RSU award
Post-transaction holdings
103,284 shares
Common stock directly held after RSU grant
Vesting date
May 14, 2027
RSUs vest and convert to common shares on this date
Key Terms
Restricted Stock Units, grant/award acquisition, vesting, convert to shares of Common Stock
4 terms
Restricted Stock Units financial
"These Restricted Stock Units will vest on May 14, 2027, subject to the terms"
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.
grant/award acquisition financial
"transaction_action: grant/award acquisition"
vesting financial
"These Restricted Stock Units will vest on May 14, 2027, subject to the terms"
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 DSGR director Steven Edelson report on this Form 4?
Director Steven Edelson reported receiving 4,601 Restricted Stock Units of Distribution Solutions Group common stock. This is a compensation-related grant, not an open-market trade, and increases his directly held position as part of the company’s equity incentive arrangements.
At what price were the DSGR Restricted Stock Units granted to Steven Edelson recorded?
The 4,601 Restricted Stock Units were recorded at $27.17 per share. This price is used for reporting purposes and does not represent an open-market purchase, since the units were granted as equity compensation rather than bought on the public market.
Is Steven Edelson’s DSGR Form 4 transaction a stock purchase or sale?
The Form 4 transaction is a grant/award acquisition of 4,601 Restricted Stock Units, not a stock purchase or sale. The code “A” indicates an award under a compensation plan rather than an open-market transaction involving immediate buying or selling of existing shares.