Ennis (NYSE: EBF) director gets 2,661-share restricted stock grant
Rhea-AI Filing Summary
Carter Aaron reported acquisition or exercise transactions in this Form 4 filing.
Ennis, Inc. director Carter Aaron reported an award of 2,661 shares of common stock as a restricted stock grant. The grant vests in three equal annual installments beginning on the first anniversary of the grant date. After this award, Aaron directly holds 21,046 shares of Ennis common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,661 shares
Net Buy
1 txn
Insider
Carter Aaron
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,661 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 21,046 shares (Direct)
Footnotes (1)
- F1. Restricted stock grant - vest 1/3 annually commencing on the first anniversary date of grant.
Key Figures
Restricted stock grant size: 2,661 shares
Transaction price per share: $0.0000
Post-transaction holdings: 21,046 shares
+1 more
4 metrics
Restricted stock grant size
2,661 shares
Number of Ennis common shares awarded to director Carter Aaron
Transaction price per share
$0.0000
Reported per-share price for the restricted stock grant
Post-transaction holdings
21,046 shares
Total Ennis common shares directly owned by Carter Aaron after the award
Vesting schedule
1/3 annually
Restricted stock vests in three equal annual installments from first anniversary
Key Terms
Restricted stock grant, vest, Rule 10b5-1
3 terms
Restricted stock grant financial
"Restricted stock grant - vest 1/3 annually commencing on the first anniversary"
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
vest financial
"vest 1/3 annually commencing on the first anniversary date of grant"
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.
Rule 10b5-1 regulatory
"The report’s Rule 10b5-1 checkbox is shown as unchecked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Ennis (EBF) disclose for director Carter Aaron?
Director Carter Aaron received a restricted stock grant of 2,661 Ennis common shares. The award is equity compensation rather than an open-market purchase and increases his direct holdings to 21,046 shares of Ennis, Inc. common stock after the transaction.
What is the vesting schedule of Carter Aaron’s Ennis (EBF) restricted stock grant?
The restricted stock grant to Carter Aaron vests one-third annually, starting on the first anniversary of the grant date. This means the award becomes fully vested over three years, subject to the continued satisfaction of the grant’s vesting conditions.
Was Carter Aaron’s Ennis (EBF) stock grant made under a Rule 10b5-1 trading plan?
The report indicates the transaction was not affirmed as made under a Rule 10b5-1 plan. The Form 4’s Rule 10b5-1 checkbox is shown as unchecked, so the award is not described as arising from a pre-arranged trading plan.