Director Wendy Schoppert buys Fossil Group (FOSL) stock in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fossil Group, Inc. director Wendy Lee Schoppert bought additional shares of the company in the open market. On this transaction date, she purchased 24,331 shares of Fossil Group common stock at a price of $4.14 per share in an open-market transaction.
Following this purchase, Schoppert directly owns 120,625 shares of Fossil Group common stock. This total includes 30,577 Restricted Stock Units that are subject to a vesting schedule, meaning part of her reported holdings will only convert into common stock as they vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 24,331 shares ($100,730)
Net Buy
1 txn
Insider
Schoppert Wendy Lee
Role
null
Bought
24,331 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 24,331 | $4.14 | $101K |
Holdings After Transaction:
Common Stock — 120,625 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares purchased: 24,331 shares
Purchase price: $4.14 per share
Total shares owned after trade: 120,625 shares
+1 more
4 metrics
Shares purchased
24,331 shares
Open-market purchase of Fossil Group common stock
Purchase price
$4.14 per share
Price paid for the 24,331 purchased shares
Total shares owned after trade
120,625 shares
Director’s direct holdings following the transaction
Restricted Stock Units included
30,577 RSUs
RSUs subject to a vesting schedule within total holdings
Key Terms
Open-market purchase, Common Stock, Restricted Stock Units, vesting schedule
4 terms
Open-market purchase financial
"She purchased 24,331 shares of Fossil Group common stock at a price of $4.14 per share in an open-market transaction."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"She purchased 24,331 shares of Fossil Group common stock at a price of $4.14 per share in an open-market transaction."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Restricted Stock Units financial
"This total includes 30,577 Restricted Stock Units that are 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.
vesting schedule financial
"Includes 30,577 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.
FAQ
What insider transaction did Fossil Group (FOSL) disclose in this Form 4?
Fossil Group disclosed that director Wendy Lee Schoppert executed an open-market purchase of common stock. She bought 24,331 shares at $4.14 per share, increasing her direct ownership stake in the company to 120,625 shares after the transaction.
What is Wendy Schoppert’s total Fossil Group (FOSL) ownership after the reported trade?
After the reported trade, Wendy Schoppert directly owns 120,625 Fossil Group common shares. This figure combines her newly purchased 24,331 shares with her existing holdings and includes 30,577 Restricted Stock Units that will settle into shares as they vest over time.
Are Restricted Stock Units included in Wendy Schoppert’s Fossil Group (FOSL) holdings?
Yes. Her reported post-transaction total of 120,625 Fossil Group shares includes 30,577 Restricted Stock Units. These RSUs are subject to a vesting schedule, meaning they convert into common stock over time if service or performance conditions are satisfied.
Was the Fossil Group (FOSL) insider trade an open-market purchase or another type of transaction?
The transaction was an open-market purchase of Fossil Group common stock. The Form 4 classifies it under code “P,” described as a purchase in the open market or a private transaction, indicating she actively bought shares rather than receiving them as a grant or award.