FOXF (FOXF) CAO Enick awarded 9,696 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enick Brendan reported acquisition or exercise transactions in this Form 4 filing.
FOX FACTORY HOLDING CORP Chief Accounting Officer Brendan Enick reported receiving an equity grant of 9,696 shares of common stock as a restricted stock unit award under the company’s 2022 Omnibus Plan. The award was granted at no cash cost to him and increases his direct holdings to 24,733 shares.
The restricted stock units vest in three equal annual installments beginning on March 4, 2027, meaning the award will fully vest over a three-year period. The filing notes that this transaction was reported late due to an inadvertent administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Enick Brendan
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,696 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,733 shares (Direct)
Footnotes (1)
- This transaction is being reported late due to an inadvertent administrative error. The Reporting Person received a grant of restricted stock units pursuant to the Issuer's 2022 Omnibus Plan. The restricted stock units vest in three equal annual installments beginning on March 4, 2027.
FAQ
What insider transaction did FOXF Chief Accounting Officer Brendan Enick report?
Brendan Enick reported receiving an equity grant of 9,696 shares of FOX FACTORY HOLDING CORP common stock as restricted stock units. The grant is compensation-based, carries no cash purchase price, and increases his direct ownership position reported in the filing.
When do Brendan Enick’s FOXF restricted stock units start vesting and over what period?
The restricted stock units begin vesting on March 4, 2027, in three equal annual installments. This means the 9,696-share award from FOX FACTORY HOLDING CORP will become fully vested over a three-year schedule starting on that 2027 vesting date.
Under which plan were Brendan Enick’s FOXF restricted stock units granted?
The 9,696 restricted stock units were granted under FOX FACTORY HOLDING CORP’s 2022 Omnibus Plan. This plan provides for equity-based compensation awards, and in this case delivered common-stock-settled restricted stock units to the Chief Accounting Officer as part of his compensation.
Was Brendan Enick’s FOXF Form 4 filing reported on time?
The Form 4 notes the transaction was reported late due to an inadvertent administrative error. This explanation appears in the footnotes, clarifying that the delay related to administrative oversight rather than any intentional omission of the equity award information.