Fossil Group people chief holds 20,000 common shares
Annual vesting adjustments range from 20% to 50%, depending on the specified average fair market value of Fossil Group common stock.
Sentiment and the balance of points
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Form Type
3
Rhea-AI Filing Summary
Fossil Group, Inc. Chief People Officer Shannon Rebecca Freeze reported direct holdings of 20,000 common shares and performance stock units tied to 150,000 common shares. A footnote says 100,000 PRSUs granted April 15, 2026 vest in three equal yearly installments, with the shares issued at each vest subject to upward adjustments based on specified average fair market value thresholds.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Freeze Shannon Rebecca
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Units F2 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 150,000 contracts (Direct);
Common Stock — 20,000 shares (Direct)
Footnotes (2)
- F1. Restricted Stock Units subject to a vesting schedule.
- F2. On April 15, 2026, the Issuer granted 100,000 PRSUs to the reporting person under the Issuers 2024 Long-Term Incentive Plan. These PRSUs will vest into shares of Common Stock of the Issuer on a 1-for-1 basis yearly, in three equal installments. Each yearly vest is subject to an increase in the number of shares to be issued based on the average fair market value of a share of the Common Stock over the last thirty consecutive trading days of the most recent calendar year prior to the vesting date. If the average fair market value is between $4.25 to $5.99, the number of shares to be issued upon an annual vesting of PRSUs will be increased by 20%. If the average fair market value is between $6.00 and $7.74, the number of shares to be issued upon an annual vesting of PRSUs will be increased by 30%. If the average fair market value is $7.75 or above, the number of shares issued upon an annual vesting of PRSUs will be increased by 50%.
Key Figures
Direct common shares held: 20,000 shares
Common shares underlying performance stock units: 150,000 shares
PRSUs granted: 100,000 PRSUs
+4 more
7 metrics
Direct common shares held
20,000 shares
Reported October 5, 2026
Common shares underlying performance stock units
150,000 shares
Reported October 5, 2026
PRSUs granted
100,000 PRSUs
Granted April 15, 2026
Vesting installments
3 equal installments
Yearly vesting
Average fair market value threshold
$4.25 to $5.99 per share
Annual vest share increase of 20%
Average fair market value threshold
$6.00 to $7.74 per share
Annual vest share increase of 30%
Average fair market value threshold
$7.75 or above per share
Annual vest share increase of 50%
Key Terms
Performance Stock Units, PRSUs, vesting schedule, 2024 Long-Term Incentive Plan
4 terms
Performance Stock Units financial
"Performance Stock Units subject to a vesting schedule"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
PRSUs financial
"the Issuer granted 100,000 PRSUs"
A PRSU is a type of employee equity award that turns into actual company shares only if preset performance goals are met over a specified time. Think of it like a prize that only pays out when a team hits agreed targets; investors watch PRSUs because they tie management pay to results, can increase the number of shares outstanding when paid, and therefore affect shareholder value and incentives.
vesting schedule financial
"Restricted Stock Units subject to a vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
2024 Long-Term Incentive Plan financial
"under the Issuers 2024 Long-Term Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How do Shannon Rebecca Freeze's Fossil Group PRSUs vest?
100,000 PRSUs granted April 15, 2026 vest in three equal yearly installments. The number of shares issued at each annual vest increases by 20% if the average fair market value is $4.25 to $5.99, by 30% if it is $6.00 to $7.74, and by 50% if it is $7.75 or above. The average is measured over the last thirty consecutive trading days of the most recent calendar year before vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
