Director at COMFORT SYSTEMS USA (NYSE: FIX) receives 105-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BULLS HERMAN E reported acquisition or exercise transactions in this Form 4 filing.
COMFORT SYSTEMS USA INC director Herman E. Bulls received an equity grant of 105 shares of Common Stock as a compensation award. The award was made at no cash cost per share and brings his directly held position to 29,879 shares following the transaction.
The shares were granted under the company’s 2017 Omnibus Incentive Plan for non-employee directors. According to the footnote, the annual director grant for this year is set at $200,000, calculated by using the average of the high and low trading prices on the date of the annual stockholders’ meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BULLS HERMAN E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 105 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,879 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 105 shares
Grant reference value: $200,000
Post-transaction holdings: 29,879 shares
3 metrics
Shares granted
105 shares
Common Stock grant to director Herman E. Bulls
Grant reference value
$200,000
Stated annual non-employee director grant amount for this year
Post-transaction holdings
29,879 shares
Common Stock directly held by Herman E. Bulls after grant
Key Terms
2017 Omnibus Incentive Plan, Non-employee directors, annual stockholders' meeting, average of the high and low price
4 terms
2017 Omnibus Incentive Plan financial
"Shares granted pursuant to the 2017 Omnibus Incentive Plan as approved by stockholders on May 23, 2017."
Non-employee directors financial
"Non-employee directors are given an annual grant of Comfort Systems USA Common Stock following election or reelection at the Company's annual stockholders' meeting."
annual stockholders' meeting financial
"Common Stock following election or reelection at the Company's annual stockholders' meeting."
average of the high and low price financial
"based on the average of the high and low price of the Company's Common Stock on the day of the annual stockholders' meeting."
FAQ
What insider transaction did COMFORT SYSTEMS USA (FIX) report for Herman E. Bulls?
COMFORT SYSTEMS USA reported that director Herman E. Bulls received a grant of 105 shares of Common Stock. The award was a stock-based compensation grant, not an open-market purchase, and increased his directly held position to 29,879 shares after the transaction.
What plan governs the Herman E. Bulls stock grant at COMFORT SYSTEMS USA (FIX)?
The stock grant was made under the 2017 Omnibus Incentive Plan, which stockholders approved on May 23, 2017. Non-employee directors receive annual Common Stock grants under this plan following their election or reelection at the company’s annual stockholders’ meeting.
What is the stated value of the 2026 non-employee director grant at COMFORT SYSTEMS USA (FIX)?
The footnote states that this year’s non-employee director grant equals $200,000. The company determines the number of shares by rounding up to the nearest whole share using the average of the high and low stock prices on the day of the annual meeting.