Sidney Johnson granted 8,989 restricted stock units at FOX Factory (NASDAQ: FOXF)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FOX FACTORY HOLDING CORP director Sidney Johnson received an equity award of 8,989 shares of Common Stock. The Form 4 shows this as a grant or award acquisition at a price of $0.00 per share, increasing Johnson's directly held position to 23,841 shares after the transaction.
The award is in the form of restricted stock units granted under the company's Non-Employee Director Compensation Policy. These restricted stock units are scheduled to vest the day before the company's 2027 annual meeting, tying the director's compensation to ongoing service and the company's future performance over that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JOHNSON SIDNEY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,989 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,841 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 8,989 shares
Grant price: $0.00 per share
Shares held after grant: 23,841 shares
+1 more
4 metrics
RSU grant size
8,989 shares
Restricted stock units granted to director on May 8, 2026
Grant price
$0.00 per share
Equity award issued as compensation, not a market purchase
Shares held after grant
23,841 shares
Director Sidney Johnson’s direct holdings following the transaction
Vesting timing
Day before 2027 annual meeting
Restricted stock units vesting schedule for the director award
Key Terms
restricted stock units, Non-Employee Director Compensation Policy, vest, Grant, award, or other acquisition
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."
vest financial
"The restricted stock units vest the day before the Issuer's 2027 annual meeting."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did FOXF director Sidney Johnson report on this Form 4?
Sidney Johnson reported receiving a grant of 8,989 shares of FOXF Common Stock as a restricted stock unit award. The transaction is coded as a grant or award acquisition at $0.00 per share, reflecting compensation rather than a market purchase.
What type of equity award did FOXF grant to Sidney Johnson?
FOXF granted Sidney Johnson restricted stock units representing 8,989 shares of Common Stock. These units were issued under the company’s Non-Employee Director Compensation Policy, providing stock-based compensation rather than cash and aligning director interests with shareholders over time.
When do Sidney Johnson’s FOXF restricted stock units vest?
The restricted stock units granted to Sidney Johnson vest the day before FOXF’s 2027 annual meeting. This vesting schedule encourages continued board service through that date and links the director’s equity compensation to the company’s medium-term performance horizon.