Franklin Covey (FC) COO receives FY26 LTIP stock grant
Rhea-AI Filing Summary
Franklin Covey Co (FC) reported that its Chief Operating Officer received a grant of 5,108 common shares on 11/13/2025. The shares were acquired at a stated price of $0, indicating they were awarded as part of compensation rather than purchased on the market. Following this grant, the COO directly owns 60,018 common shares of Franklin Covey. The award is part of the company’s FY26 long-term incentive plan, with the shares scheduled to vest in three future installments in November 2026, November 2027, and November 2028.
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FAQ
What insider transaction did Franklin Covey (FC) report on this Form 4?
The filing reports that Franklin Covey’s Chief Operating Officer acquired 5,108 common shares of the company on 11/13/2025 as part of compensation.
How many Franklin Covey (FC) shares does the COO own after this transaction?
After the reported grant, the Chief Operating Officer directly owns 60,018 common shares of Franklin Covey Co.
Was cash paid for the 5,108 Franklin Covey (FC) shares acquired?
No cash was paid; the 5,108 common shares were acquired at a reported price of $0, indicating they were granted as part of the executive’s compensation.
What is the FY26 LTIP referenced in the Franklin Covey (FC) Form 4?
The FY26 LTIP is a long-term incentive plan under which the COO received the 5,108-share grant, with vesting scheduled in November 2026, November 2027, and November 2028.
How are the newly granted Franklin Covey (FC) shares scheduled to vest?
The filing states that the FY26 LTIP award will vest in three installments, with vesting dates in November 2026, November 2027, and November 2028.
Is the Form 4 transaction for Franklin Covey (FC) filed by one or multiple insiders?
The document indicates that the Form 4 is filed by one reporting person, covering the Chief Operating Officer’s share grant.