Distribution Solutions director granted 4,601 RSUs
Distribution Solutions Group director Lee S. Hillman received a grant of 4,601 Restricted Stock Units (RSUs) of common stock.
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Rhea-AI Filing Summary
Distribution Solutions Group director Lee S. Hillman received a grant of 4,601 Restricted Stock Units (RSUs) of common stock. The RSUs are a form of equity compensation and increase his directly held position to 111,862 shares after the award.
The footnote states these RSUs will vest on May 14, 2027, subject to the award agreement’s terms and conditions. Once vested, they will convert into shares of common stock, further aligning the director’s interests with the company’s shareholders over the long term.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock - Restricted Stock Units | 4,601 | $27.17 | $125K |
Footnotes (1)
- F1. These Restricted Stock Units will vest on May 14, 2027, subject to the terms and conditions of the award agreement and convert to shares of Common Stock.
Key Figures
Key Terms
Restricted Stock Units financial
vest financial
award agreement financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did director Lee S. Hillman report in this DSGR Form 4 filing?
How many Restricted Stock Units were granted to the DSGR director?
When do the granted DSGR Restricted Stock Units vest and convert?
Was the DSGR director’s RSU transaction an open-market stock purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.