EMCOR Group (NYSE: EME) CFO awarded 4 RSUs, now holds 18,957 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EMCOR Group, Inc. reported that its SVP, Chief Accounting Officer and CFO, Jason R. Nalbandian, acquired 4 shares of common stock on April 30, 2026 through a grant of restricted stock units (RSUs) issued as a consequence of a dividend on the company’s common stock. These RSUs carry the same vesting and forfeiture terms as the underlying RSUs they relate to and were awarded at no cash cost. Following this grant, Nalbandian directly holds a total of 18,957 shares of common stock, including shares issuable in respect of RSUs, reflecting a small, routine compensation-related adjustment rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nalbandian Jason R
Role
SVP, Chief Acct Officer & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,957 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units ("RSUs") issued in respect of already outstanding RSUs as a consequence of a dividend paid on the Company's common stock on April 30, 2026. The RSUs issued on April 30, 2026 are subject to the same vesting and forfeiture provisions as the RSUs in respect of which they have been issued. Includes shares issuable in respect of RSUs.
Key Figures
RSUs granted: 4 shares
Holdings after transaction: 18,957 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSUs granted
4 shares
Restricted stock units issued April 30, 2026 as dividend equivalents
Holdings after transaction
18,957 shares
Total EMCOR common stock directly held, including shares issuable under RSUs, after grant
Grant price per share
$0.00 per share
RSUs issued at no cash cost as compensation-related award
Transaction date
April 30, 2026
Date RSUs were issued in respect of a dividend on common stock
Key Terms
restricted stock units ("RSUs"), dividend, vesting and forfeiture provisions
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") issued in respect of already outstanding RSUs"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
dividend financial
"as a consequence of a dividend paid on the Company's common stock on April 30, 2026"
A dividend is a payment that a company gives to its shareholders, usually from its profits. It’s like a bonus or reward for owning the company's stock, and it can provide a steady income stream for investors. Companies pay dividends to share their success with the people who own their stock.
vesting and forfeiture provisions financial
"subject to the same vesting and forfeiture provisions as the RSUs in respect of which they have been issued"
FAQ
What insider transaction did EMCOR Group (EME) report for Jason R. Nalbandian?
EMCOR Group reported that SVP, Chief Accounting Officer and CFO Jason R. Nalbandian received 4 restricted stock units on April 30, 2026. These RSUs were issued due to a dividend on EMCOR’s common stock and are subject to the same vesting and forfeiture terms as the original RSUs.
Why did Jason R. Nalbandian receive additional RSUs at EMCOR Group (EME)?
Nalbandian received additional RSUs because EMCOR paid a dividend on its common stock on April 30, 2026. The 4 RSUs were issued in respect of already outstanding RSUs, functioning as dividend equivalents that mirror the same vesting and forfeiture provisions as the underlying awards.
Were Jason R. Nalbandian’s new EMCOR (EME) RSUs an open-market purchase or compensation grant?
The 4 new RSUs were a compensation-related grant, not an open-market purchase. They were issued at no cash cost as dividend-equivalent restricted stock units tied to a dividend on EMCOR’s common stock, and follow the same vesting and forfeiture conditions as the pre-existing RSUs.
What do the footnotes in Jason R. Nalbandian’s EMCOR (EME) Form 4 explain about the RSUs?
The footnotes explain that the 4 RSUs were issued due to an April 30, 2026 dividend and carry the same vesting and forfeiture provisions as the original RSUs. They also clarify that Nalbandian’s reported holdings include shares that are issuable in respect of RSUs, not only already issued shares.