Stock award boosts FTI Consulting (NYSE: FCN) interim CFO holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Linton Paul Alderman reported acquisition or exercise transactions in this Form 4 filing.
FTI Consulting granted 2,333 shares of restricted common stock to its CSTO and Interim CFO, Paul Alderman, as a compensation-related stock award rather than an open-market purchase.
The award vests in three roughly equal installments: 33.33% on the first anniversary of the grant date, 33.33% on the second, and 33.34% on the third. After this grant, Alderman directly holds 90,424 shares of FTI Consulting common stock, indicating this is a routine addition to an existing executive equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Linton Paul Alderman
Role
CSTO and Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,333 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 90,424 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FTI Consulting (FCN) report for Paul Alderman?
FTI Consulting reported a stock grant to Paul Alderman. The CSTO and Interim CFO received 2,333 shares of restricted common stock as a compensation award, not an open-market purchase, increasing his direct holdings to 90,424 shares after the transaction.
What is the vesting schedule for the FTI Consulting (FCN) restricted stock grant?
The restricted stock vests over three years. The award vests 33.33% on the first anniversary of the grant date, 33.33% on the second anniversary, and 33.34% on the third, aligning the interim CFO’s equity compensation with longer-term service.
Was the FTI Consulting (FCN) insider transaction a market purchase or sale?
The transaction was a grant, not a market trade. Paul Alderman acquired 2,333 shares through a restricted stock award with a reported price of $0.00 per share, indicating compensation rather than an open-market buy or sell.