Fossil director receives 21,929-share stock grant
Fossil Group, Inc. director Wendy Lee Schoppert received an equity grant of 21,929 shares of common stock at a reference value of $4.68 per share.
Rhea-AI Filing Summary
Fossil Group, Inc. director Wendy Lee Schoppert received an equity grant of 21,929 shares of common stock at a reference value of $4.68 per share. Following this grant, she directly owns 96,294 shares of Fossil common stock. A portion of her holdings consists of 33,043 Restricted Stock Units, which typically vest over time and convert into shares as service conditions are met.
Positive
- None.
Negative
- None.
Insights
Director received a standard equity grant, increasing long-term share alignment.
Director Wendy Lee Schoppert was granted 21,929 Fossil common shares at $4.68 per share as compensation, taking her direct holdings to 96,294 shares. The filing notes that 33,043 of these are Restricted Stock Units, which generally vest over time.
This is a non-market transaction coded as a grant, not an open-market purchase or sale. It mainly strengthens alignment between the director and other shareholders. There are no derivative positions disclosed after this transaction, and no indications of pre-planned selling activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,929 | $4.68 | $103K |
Footnotes (1)
- F1. Consists of 33,043 Restricted Stock Units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Fossil Group (FOSL) director Wendy Lee Schoppert report in this Form 4?
Was the Fossil Group (FOSL) Form 4 transaction a stock purchase or a grant?
What role do Restricted Stock Units play in Wendy Lee Schoppert’s Fossil (FOSL) holdings?
Does this Fossil Group (FOSL) Form 4 filing indicate any stock sales by the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.