Evolent Health (EVH) director Russell Glass receives 41,096 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Glass Russell Monroe reported acquisition or exercise transactions in this Form 4 filing.
Evolent Health, Inc. director Russell Monroe Glass reported an equity award of 41,096 shares of Class A Common Stock in the form of restricted stock units granted at $0.00 per share under the company’s 2015 Omnibus Incentive Compensation Plan. These RSUs vest on the earlier of June 4, 2027 or the company’s 2027 annual meeting, subject to his continued service. Following the award, he directly owns 77,347 shares and indirectly holds 6,046 shares through a trust he and his spouse co‑trustee and over which they share voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Glass Russell Monroe
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 41,096 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 77,347 shares (Direct, null);
Class A Common Stock — 6,046 shares (Indirect, By trust)
Footnotes (1)
- Represents restricted stock units granted to Mr. Glass pursuant to the Amended and Restated Evolent Health, Inc. 2015 Omnibus Incentive Compensation Plan. Securities vest on the earlier of June 4, 2027, and the date of the Company's 2027 annual meeting, subject to the reporting person's continued service on the vesting date. These shares are held in a trust for the benefit of the reporting person and his spouse. The reporting person and his spouse are co-trustees of the trust and share voting and dispositive power over the shares.
Key Figures
RSUs granted: 41,096 shares
Grant price: $0.00 per share
Direct holdings after grant: 77,347 shares
+2 more
5 metrics
RSUs granted
41,096 shares
Restricted stock units granted on June 4, 2026
Grant price
$0.00 per share
Price for RSU grant under 2015 Omnibus Plan
Direct holdings after grant
77,347 shares
Class A Common Stock directly owned after transaction
Indirect trust holdings
6,046 shares
Held in trust where Glass and spouse are co‑trustees
Vesting date
June 4, 2027 or 2027 annual meeting
Earlier of the two dates, subject to continued service
Key Terms
restricted stock units, Amended and Restated Evolent Health, Inc. 2015 Omnibus Incentive Compensation Plan, vest, co-trustees, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units granted to Mr. Glass pursuant to the Amended and Restated Evolent Health, Inc. 2015 Omnibus Incentive Compensation Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated Evolent Health, Inc. 2015 Omnibus Incentive Compensation Plan financial
"Represents restricted stock units granted to Mr. Glass pursuant to the Amended and Restated Evolent Health, Inc. 2015 Omnibus Incentive Compensation Plan."
vest financial
"Securities vest on the earlier of June 4, 2027, and the date of the Company's 2027 annual meeting, subject to the reporting person's continued service on the vesting date."
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.
co-trustees financial
"The reporting person and his spouse are co-trustees of the trust and share voting and dispositive power over the shares."
voting and dispositive power financial
"The reporting person and his spouse are co-trustees of the trust and share voting and dispositive power over the shares."
FAQ
What did Russell Monroe Glass report in this Evolent Health (EVH) Form 4?
Russell Monroe Glass reported receiving 41,096 restricted stock units of Evolent Health Class A Common Stock as an equity award. The grant was made at $0.00 per share under the company’s 2015 Omnibus Incentive Compensation Plan as part of his director compensation.
When do Russell Monroe Glass’s new Evolent Health (EVH) RSUs vest?
The 41,096 restricted stock units vest on the earlier of June 4, 2027, or the date of Evolent Health’s 2027 annual meeting. Vesting remains subject to Glass’s continued service with the company through the applicable vesting date, according to the disclosed grant terms.
What type of transaction is reported for Russell Monroe Glass’s Evolent Health (EVH) award?
The filing reports a grant or award acquisition of 41,096 shares, coded as an “A” transaction. This represents restricted stock units granted as compensation, not an open‑market purchase or sale, and therefore does not reflect a discretionary buy or sell decision.