ESCO director granted small RSU dividend units
ESCO Technologies Inc. director David A. Campbell received a small grant of Restricted Share Units (RSUs) tied to dividends.
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Rhea-AI Filing Summary
ESCO Technologies Inc. director David A. Campbell received a small grant of Restricted Share Units (RSUs) tied to dividends. On this date, he acquired 0.9219 RSUs, each economically equivalent to one share of Common Stock, at a reference value of $314.92 per unit.
The RSUs were issued in lieu of cash dividends on RSUs he already held and will generally be settled in Common Stock and/or cash when the underlying RSUs vest or, for remaining RSUs, upon or after his service as a director ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 0.9219 | $314.92 | $290.32 |
Footnotes (1)
- F1. Restricted Share Units (RSUs) issued in lieu of cash dividends on the RSUs held by the reporting person on the payment date. Each RSU is the economic equivalent of one share of Common Stock. A portion of the RSU representing dividends on unvested shares becomes payable in Common Stock and/or cash when the underlying shares vest, or concurrently with the distribution of the underlying shares if the reporting person has so designated. Any remaining RSUs become payable in common stock upon, or at the election of the reporting person in installments beginning upon, the termination of the reporting person's service as a director or such earlier time as the reporting person may have designated.
Key Figures
Key Terms
RSUs financial
Common Stock financial
termination of the reporting person's service as a director financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ESCO Technologies (ESE) report for David A. Campbell?
How many RSUs did David A. Campbell receive in this ESCO Technologies (ESE) Form 4?
Why were RSUs granted instead of cash dividends at ESCO Technologies (ESE)?
When do these ESCO Technologies (ESE) RSUs for David A. Campbell become payable?
What is the reference value per RSU in the ESCO Technologies (ESE) Form 4?
How many RSUs does David A. Campbell hold at ESCO Technologies (ESE) after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.