Performance-based stock award for Fox Factory (FOXF) chief legal officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FOX FACTORY HOLDING CORP Chief Legal Officer Toby D. Merchant reported acquiring 8,704 shares of common stock at a stated price of $0.00 per share through a grant or award. These shares reflect performance stock units originally granted under the company’s 2022 Omnibus Plan and earned after the Compensation Committee determined that performance goals for the period ended January 2, 2026 were met, subject to Board approval of the company’s audited financial statements. Following this award, Merchant directly owns 37,124 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Merchant Toby D
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,704 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,124 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FOXF Chief Legal Officer Toby Merchant report?
Toby D. Merchant reported acquiring 8,704 shares of FOX FACTORY common stock through a grant or award. The transaction involved no cash price per share and increased his direct holdings to 37,124 shares after the award.
Was the FOXF insider transaction a market purchase or a stock award?
The FOXF insider activity was a stock award, not a market purchase. Merchant received 8,704 common shares at a stated price of $0.00 per share, classified as a grant, award, or other acquisition under the reporting rules.
What performance conditions were tied to the FOXF stock units awarded to Toby Merchant?
The awarded shares reflect performance stock units originally granted under the 2022 Omnibus Plan. They were earned after the Compensation Committee determined performance goals for the period ended January 2, 2026 had been met, subject to subsequent Board approval of financial statements.
What plan governed the FOXF performance stock units awarded to the Chief Legal Officer?
The performance stock units that converted into 8,704 FOX FACTORY shares were originally granted under the company’s 2022 Omnibus Plan. They became earned after performance goals were met for the period ending January 2, 2026, pending Board approval of financial statements.
Did the FOXF Board have a role in finalizing the reported stock award?
Yes. The award was tied to the Board of Directors approving the company’s financial statements. The units were earned after the Compensation Committee’s determination, subject to Board approval of the Annual Report financials for the year ended January 2, 2026.