Enova International (NYSE: ENVA) director receives 1,320-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corby Lindsay Y reported acquisition or exercise transactions in this Form 4 filing.
Enova International director Corby Lindsay Y reported an equity compensation grant in the form of 1,320 shares of common stock, reflected as Restricted Stock Units (RSUs). The RSUs will vest 100% on May 13, 2027, provided the grantee continues serving on Enova’s board of directors through that date. Following this award, Corby Lindsay Y holds a total of 4,660 shares of Enova common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Corby Lindsay Y
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 — 4,660 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,320 shares
Post-transaction holdings: 4,660 shares
Vesting date: May 13, 2027
+1 more
4 metrics
RSU grant size
1,320 shares
Grant/award acquisition of Enova common stock
Post-transaction holdings
4,660 shares
Total Enova shares directly owned after RSU grant
Vesting date
May 13, 2027
RSUs vest 100% on this date, subject to board service
Transaction price per share
$0.0000
Equity compensation grant, not an open-market purchase
Key Terms
Restricted Stock Units ("RSUs"), vest, board of directors, Grant, award, or other acquisition
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.
vest financial
"100% of which shall vest on May 13, 2027, as long as grantee serves as a member of the board"
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.
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Enova (ENVA) director Corby Lindsay Y report on this Form 4?
The Form 4 reports that director Corby Lindsay Y received a grant of 1,320 RSUs representing shares of Enova common stock. These units are part of equity compensation for board service rather than an open-market purchase or sale.
When do the RSUs granted to Enova (ENVA) director Corby Lindsay Y vest?
According to the footnote, the RSUs vest 100% on May 13, 2027. Vesting is contingent on the grantee continuing to serve as a member of Enova International, Inc.’s board of directors as of that vesting date.
Is the Enova (ENVA) Form 4 transaction a market purchase or sale?
No, the transaction is coded “A” for a grant, award, or other acquisition. It represents equity compensation in the form of RSUs, not an open-market buy or sell of Enova shares by the director.
What are Corby Lindsay Y’s Enova (ENVA) holdings after this RSU grant?
After the reported transaction, total directly owned Enova common stock is shown as 4,660 shares. This figure includes the 1,320-share RSU grant reported in the filing and reflects the director’s direct ownership position.
What conditions apply to the Enova (ENVA) RSUs granted to Corby Lindsay Y?
The RSUs will vest in full on May 13, 2027, provided the grantee continues to serve as a member of Enova International, Inc.’s board of directors on that date. Continued board service is therefore required for the award to fully vest.