Fox Factory (NASDAQ: FOXF) awards 9,832 RSUs to director Jean Hlay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HLAY JEAN reported acquisition or exercise transactions in this Form 4 filing.
FOX FACTORY HOLDING CORP director Jean Hlay received a grant of 9,832 restricted stock units of common stock. The award was made under the company’s Non-Employee Director Compensation Policy at a grant price of $0.00 per share, reflecting a compensation grant rather than a market purchase.
The restricted stock units vest the day before the company’s 2027 annual meeting, tying the award to continued board service. Following this grant, Hlay beneficially owns 27,908 shares of FOX Factory common stock in total, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HLAY JEAN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,832 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 27,908 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 9,832 restricted stock units
Grant price: $0.00 per share
Post-transaction holdings: 27,908 shares
+1 more
4 metrics
RSU grant size
9,832 restricted stock units
Award to director Jean Hlay on May 8, 2026
Grant price
$0.00 per share
Equity compensation, not an open-market purchase
Post-transaction holdings
27,908 shares
Total common stock held directly after the grant
Vesting timing
Day before 2027 annual meeting
Vesting schedule for granted restricted stock units
Key Terms
restricted stock units, Non-Employee Director Compensation Policy, annual meeting, Form 4
4 terms
restricted stock units financial
"The Reporting Person received a grant of restricted stock units pursuant to the Issuer's Non-Employee Director Compensation Policy."
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.
Non-Employee Director Compensation Policy financial
"The Reporting Person received a grant of restricted stock units pursuant to the Issuer's Non-Employee Director Compensation Policy."
annual meeting financial
"The restricted stock units vest the day before the Issuer's 2027 annual meeting."
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did FOXF director Jean Hlay report in this Form 4 filing?
Jean Hlay reported receiving a grant of 9,832 restricted stock units. These units are a form of equity compensation in FOX Factory Holding Corp common stock and were awarded under the company’s Non-Employee Director Compensation Policy, not purchased on the open market.
What are the vesting terms of Jean Hlay’s 9,832 FOXF restricted stock units?
The 9,832 restricted stock units vest the day before FOX Factory’s 2027 annual meeting. Vesting means the units convert into shares over time, so Hlay generally must remain a director through that date to receive the full benefit of the award.
Why did FOX Factory grant restricted stock units to director Jean Hlay?
The grant was made under FOX Factory’s Non-Employee Director Compensation Policy. Such policies typically provide equity awards to outside directors, aligning their interests with shareholders by tying a portion of board compensation to the company’s stock performance over time.