Franklin Covey officer now holds 9,260 shares after FY26 LTIP grant
Rhea-AI Filing Summary
Franklin Covey Co (FC) reported an equity award to an executive officer on a Form 4. The President, Enterprise Division acquired 7,298 common shares on 11/13/2025 at a price of $0, indicating a stock grant rather than an open‑market purchase. After this award, the officer beneficially owns 9,260 common shares directly. The grant is described as part of the FY26 LTIP, with "third vesting Nov 2026, Nov 2027, Nov 2028," indicating a multi‑year vesting schedule.
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FAQ
What insider transaction did Franklin Covey (FC) report on this Form 4?
The filing reports that the President, Enterprise Division of Franklin Covey Co acquired 7,298 common shares on 11/13/2025 as an equity award priced at $0.
How many Franklin Covey (FC) shares does the reporting person own after this transaction?
Following the reported transaction, the officer beneficially owns 9,260 common shares of Franklin Covey Co, held in direct ownership.
What is the nature of the 7,298-share award reported for Franklin Covey (FC)?
The 7,298 common shares were granted at a price of $0 under the company’s FY26 LTIP, as indicated in the explanation of responses.
How does the FY26 LTIP award for Franklin Covey (FC) vest?
The explanation states: "FY26 LTIP, third vesting Nov 2026, Nov 2027, Nov 2028", describing a vesting schedule over those three years.
What is the reporting person’s role at Franklin Covey (FC)?
The reporting person is an officer of Franklin Covey Co, serving as President, Enterprise Division, as disclosed in the filing.
Is this Franklin Covey (FC) Form 4 filed by one or multiple reporting persons?
The document indicates that it is a Form filed by One Reporting Person, not a joint filing.