FTI Consulting (FCN) director receives 1,616 restricted shares in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FANANDAKIS NICHOLAS C reported acquisition or exercise transactions in this Form 4 filing.
FTI Consulting director Nicholas C. Fanandakis received a grant of 1,616 shares of restricted common stock. The award was made at no cash cost to him as part of his compensation. After this grant, he directly holds a total of 17,753 FTI Consulting shares.
The restricted stock will vest in full on the first anniversary of the grant date, meaning he must remain in service until then to receive the shares outright.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FANANDAKIS NICHOLAS C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,616 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,753 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 1,616 shares
Holdings after transaction: 17,753 shares
Grant price per share: $0.00
3 metrics
Restricted stock grant
1,616 shares
Director equity award on grant date
Holdings after transaction
17,753 shares
Total direct common stock held after grant
Grant price per share
$0.00
No cash paid by director for awarded shares
Key Terms
restricted stock, vest, Form 4
3 terms
restricted stock financial
"The shares of restricted stock will vest in full on the first anniversary"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"will vest in full on the first anniversary of the date of grant"
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.
Form 4 regulatory
"What did FTI Consulting (FCN) director Nicholas Fanandakis report on this Form 4?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did FTI Consulting (FCN) director Nicholas Fanandakis report on this Form 4?
Director Nicholas C. Fanandakis reported receiving 1,616 shares of restricted FTI Consulting common stock. The award is a stock-based compensation grant, not an open-market purchase or sale, and increases his directly held stake in the company.
Was there a purchase or sale of FTI Consulting (FCN) stock in this Form 4?
No open-market purchase or sale occurred in this Form 4. Nicholas C. Fanandakis reported an acquisition coded as a grant or award, receiving 1,616 restricted shares as compensation, with no cash price per share listed in the filing.
Is this FTI Consulting (FCN) Form 4 transaction considered a routine compensation grant?
Yes, the Form 4 reflects a routine stock-based compensation grant. It shows 1,616 restricted shares awarded to director Nicholas C. Fanandakis, vesting after one year, rather than indicating discretionary trading activity in the open market.