Enova (NYSE: ENVA) grants director 1,320 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TEBBE MARK reported acquisition or exercise transactions in this Form 4 filing.
Enova International director Mark Tebbe received a grant of 1,320 shares of common stock in the form of Restricted Stock Units (RSUs). The RSUs will vest in full on May 13, 2027, provided he continues to serve on Enova’s board of directors through that date.
Following this equity award, Tebbe directly holds 70,029 shares of Enova common stock. This grant functions as stock-based compensation, aligning his interests with shareholders by tying additional ownership to ongoing board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TEBBE MARK
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.00001 per share | 1,320 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.00001 per share — 70,029 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,320 shares
Grant price per share: $0.00 per share
Vesting date: May 13, 2027
+2 more
5 metrics
RSU grant size
1,320 shares
Restricted Stock Units granted to director Mark Tebbe
Grant price per share
$0.00 per share
Stated transaction price for RSU grant
Vesting date
May 13, 2027
100% of RSUs vest on this date if service continues
Post-transaction holdings
70,029 shares
Total Enova common shares held directly after grant
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
Restricted Stock Units ("RSUs"), grant, award, or other acquisition, board of directors, non-derivative
4 terms
Restricted Stock Units ("RSUs") financial
"Reflects a grant of Restricted Stock Units ("RSUs"), 100% of which shall vest on May 13, 2027"
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
board of directors financial
"as long as grantee serves as a member of the board of directors of Enova International, Inc."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What did Enova (ENVA) director Mark Tebbe receive in this Form 4 filing?
Mark Tebbe received a grant of 1,320 Restricted Stock Units (RSUs) in Enova common stock. These RSUs are stock-based compensation that convert into shares if vesting conditions tied to his board service are met.
When do Mark Tebbe’s 1,320 Enova (ENVA) RSUs vest?
All 1,320 RSUs vest on May 13, 2027, if Tebbe is still serving on Enova’s board. The vesting schedule is 100% cliff-based, meaning no shares vest before that single future date.
Was Mark Tebbe’s Enova (ENVA) transaction a stock purchase or a grant?
The transaction was a grant, not an open-market stock purchase. Tebbe acquired 1,320 RSUs at a stated price of $0.00 per share as equity compensation for his role on Enova’s board of directors.
What condition must be met for Mark Tebbe to receive his Enova (ENVA) RSUs?
Tebbe must continue serving as a member of Enova’s board of directors through May 13, 2027. If he remains on the board on that date, all 1,320 RSUs will vest and convert into Enova common shares.