Restricted stock award boosts FTI Consulting (NYSE: FCN) HR chief stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rabl Ulrike reported acquisition or exercise transactions in this Form 4 filing.
FTI Consulting reported that Chief Human Resources Officer Ulrike Rabl received a grant of 1,670 shares of common stock as a restricted stock award. The grant carries no purchase price and will vest in three equal annual installments of 33.33%, 33.33% and 33.34% on the first, second and third anniversaries of the grant date. Following this award, Rabl directly holds a total of 2,471 shares of FTI Consulting common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rabl Ulrike
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,670 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,471 shares (Direct)
Footnotes (1)
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FAQ
What did FTI Consulting (FCN) disclose in this Form 4 filing?
FTI Consulting disclosed that Chief Human Resources Officer Ulrike Rabl received a grant of 1,670 restricted shares of common stock. The award is part of her equity compensation and increases her direct ownership stake in the company to 2,471 shares after the transaction.
How will Ulrike Rabl’s restricted stock in FTI Consulting (FCN) vest?
The 1,670 restricted shares granted to Ulrike Rabl will vest over three years. The vesting schedule is 33.33% on the first anniversary, 33.33% on the second anniversary, and 33.34% on the third anniversary of the grant date, subject to continued service conditions.
Was the FTI Consulting (FCN) stock grant to Ulrike Rabl an open-market purchase?
No, the stock grant to Ulrike Rabl was not an open-market purchase. It was a compensation-related restricted stock award recorded under transaction code “A,” with a price of $0.00 per share, meaning she did not pay cash to acquire these 1,670 shares.
What type of insider transaction is reported for FTI Consulting (FCN) in this Form 4?
The Form 4 reports an acquisition of shares through a grant or award, coded as an “A” transaction. This reflects a routine equity compensation grant of 1,670 restricted shares to Chief Human Resources Officer Ulrike Rabl, rather than a discretionary buy or sell in the open market.