Director at Distribution Solutions (DSGR) awarded 4,601 Restricted Stock Units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HILLMAN LEE S
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 — 111,862 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 4,601 units
Grant reporting price: $27.17 per share
Holdings after transaction: 111,862 shares
+1 more
4 metrics
RSU grant size
4,601 units
Restricted Stock Units granted on May 13, 2026
Grant reporting price
$27.17 per share
Reporting price for RSU grant
Holdings after transaction
111,862 shares
Common stock directly owned after RSU award
RSU vesting date
May 14, 2027
Date when RSUs vest and convert to common shares
Key Terms
Restricted Stock Units, vest, award agreement, 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 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.
FAQ
What did director Lee S. Hillman report in this DSGR Form 4 filing?
Director Lee S. Hillman reported receiving 4,601 Restricted Stock Units of Distribution Solutions Group common stock. These equity awards increase his direct holdings to 111,862 shares following the grant, reflecting stock-based compensation rather than an open-market purchase.
How many Restricted Stock Units were granted to the DSGR director?
The director received a grant of 4,601 Restricted Stock Units of common stock. Each RSU represents a right to receive one share upon vesting, providing additional long-term equity exposure once the vesting and conversion conditions are met.
When do the granted DSGR Restricted Stock Units vest and convert?
The 4,601 Restricted Stock Units vest on May 14, 2027, subject to the award agreement. Upon vesting, the RSUs will convert into shares of Distribution Solutions Group common stock, adding to the director’s ownership at that future date.
Was the DSGR director’s RSU transaction an open-market stock purchase?
No, the transaction was classified as a grant or award acquisition of 4,601 Restricted Stock Units. It reflects stock-based compensation rather than an open-market buy order, and pricing is shown for reporting purposes in the Form 4 data.