Fossil Group legal chief reports 110,195-share holding
The 2025 and 2026 PRSU awards use different share-value thresholds for potential increases at annual vesting.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
3
Rhea-AI Filing Summary
Fossil Group, Inc. (FOSL) reports Chief Legal Officer Randall Scott Hyne’s direct common-stock holding as 110,195 shares, including 2,191 restricted stock units subject to a vesting schedule. It also lists performance stock units tied to 69,999 and 150,000 underlying common shares. The 70,000 PRSUs granted April 15, 2025, and 100,000 granted April 15, 2026, vest into common stock in three equal yearly installments, with potential increases based on average share value over the last 30 consecutive trading days of the prior calendar year.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hyne Randall Scott
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Units F2 | -- | -- | -- |
| holding | Performance Stock Units F3 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 219,999 contracts (Direct);
Common Stock — 110,195 shares (Direct)
Footnotes (3)
- F1. Includes 2,191 Restricted Stock Units subject to a vesting schedule.
- F2. On April 15, 2025, the Issuer granted 70,000 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 $3.50 to $4.99, 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 $5.00 and $6.49, 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 $6.50 or above, the number of shares issued upon an annual vesting of PRSUs will be increased by 50%.
- F3. 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-stock holding: 110,195 shares
Restricted stock units: 2,191 units
Underlying common shares for first performance stock unit entry: 69,999 shares
+4 more
7 metrics
Direct common-stock holding
110,195 shares
The reported amount includes 2,191 restricted stock units subject to a vesting schedule.
Restricted stock units
2,191 units
Included in the reported common-stock amount; subject to a vesting schedule.
Underlying common shares for first performance stock unit entry
69,999 shares
Performance stock units reported as directly held.
Underlying common shares for second performance stock unit entry
150,000 shares
Performance stock units reported as directly held.
2025 PRSU grant
70,000 PRSUs
Granted April 15, 2025; vesting is in three equal yearly installments.
2026 PRSU grant
100,000 PRSUs
Granted April 15, 2026; vesting is in three equal yearly installments.
Annual PRSU vesting installments
3 equal installments
Each grant vests yearly into common stock.
Key Terms
Restricted Stock Units, Performance Stock Units, 2024 Long-Term Incentive Plan, 1-for-1 basis, +1 more
5 terms
Restricted Stock Units financial
"Includes 2,191 Restricted Stock Units subject to a vesting schedule."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units financial
"Performance Stock Units"
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.
2024 Long-Term Incentive Plan financial
"under the Issuers 2024 Long-Term Incentive Plan"
1-for-1 basis financial
"vest into shares of Common Stock of the Issuer on a 1-for-1 basis yearly"
average fair market value financial
"based on the average fair market value of a share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How are Randall Scott Hyne’s 2025 FOSL PRSUs adjusted at vesting?
The 70,000 PRSUs granted April 15, 2025, vest into common stock on a 1-for-1 basis in three equal yearly installments. At each annual vest, the number of shares may increase by 20% if average fair market value is between $3.50 and $4.99, by 30% between $5.00 and $6.49, or by 50% at $6.50 or above.
How are Randall Scott Hyne’s 2026 FOSL PRSUs adjusted at vesting?
The 100,000 PRSUs granted April 15, 2026, vest into common stock on a 1-for-1 basis in three equal yearly installments. At each annual vest, the number of shares may increase by 20% if average fair market value is between $4.25 and $5.99, by 30% between $6.00 and $7.74, or by 50% at $7.75 or above.
AI-generated analysis. How Rhea-AI works. Not financial advice.
