Enova director granted 1,320 RSUs in Form 4
Enova International, Inc. director Mark McGowan reported an equity compensation grant and updated share holdings.
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Form Type
4
Rhea-AI Filing Summary
Enova International, Inc. director Mark McGowan reported an equity compensation grant and updated share holdings. He received 1,320 Restricted Stock Units (RSUs) of common stock at $0.0000 per share, classified as a grant or award acquisition. These RSUs vest 100% on May 13, 2027, provided he continues serving on the board as of that date. Following the grant, he holds 47,021 common shares directly and 21,593 shares indirectly through SAF Capital Fund. A footnote states he disclaims beneficial ownership of the SAF Capital Fund shares except to the extent of his pecuniary interest.
Insider Trade Summary
Grant/Award: 1,320 shares
Grant/Award
2 txns
Insider
McGowan Mark
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.00001 per share | 1,320 | $0.00 | $0.00 |
| holding | Common stock, par value $0.00001 per share | -- | -- | -- |
Holdings After Transaction:
Common stock, par value $0.00001 per share — 47,021 shares (Direct);
Common stock, par value $0.00001 per share — 21,593 shares (Indirect, By SAF Capital Fund)
Footnotes (2)
- F1. Reflects a grant of Restricted Stock Units ("RSUs"), 100% of which shall vest on May 13, 2027, as long as grantee serves as a member of the board of directors of Enova International, Inc. ("Issuer") as of such date.
- F2. The reporting person disclaims beneficial ownership of the securities held through SAF Capital Fund except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16.
Key Figures
RSU grant size: 1,320 shares
Grant price: $0.0000 per share
RSU vesting date: May 13, 2027
+2 more
5 metrics
RSU grant size
1,320 shares
Restricted Stock Units granted on May 13, 2026
Grant price
$0.0000 per share
Recorded value for RSU grant
RSU vesting date
May 13, 2027
100% vesting if board service continues
Direct holdings after grant
47,021 shares
Common stock held directly following transaction
Indirect holdings via SAF Capital Fund
21,593 shares
Common stock held indirectly through SAF Capital Fund
Key Terms
Restricted Stock Units ("RSUs"), pecuniary interest, beneficial ownership, Section 16
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.
pecuniary interest financial
"disclaims beneficial ownership of the securities held through SAF Capital Fund except to the extent of his pecuniary interest therein"
beneficial ownership financial
"this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"beneficial owner of the securities for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Enova International (ENVA) director Mark McGowan report?
Mark McGowan reported receiving a grant of 1,320 Restricted Stock Units of Enova International common stock. The award is recorded at a price of $0.0000 per share, reflecting a compensation grant rather than an open-market purchase or sale.
When do Mark McGowan’s 1,320 Enova (ENVA) RSUs vest?
All 1,320 Restricted Stock Units vest on May 13, 2027, if McGowan is still serving on Enova’s board. Full vesting is contingent on continued board service through that date, making it a time-based equity compensation award.
What is the nature of Mark McGowan’s indirect Enova (ENVA) holdings?
The indirect holdings consist of 21,593 Enova shares held through SAF Capital Fund. A footnote explains McGowan disclaims beneficial ownership of these securities except for his pecuniary interest, clarifying the extent of his economic stake in those shares.
Was Mark McGowan’s Enova (ENVA) RSU grant an open-market purchase?
No, the 1,320-share award is classified as a grant or award acquisition, not an open-market purchase. The transaction code is “A,” and the per-share price is recorded as $0.0000, indicating compensation rather than a market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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