Forgent Power Solutions (FPS) director discloses 145,215-share equity stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Forgent Power Solutions, Inc. director Gregory M. Spierkel reported his initial holdings of the company’s Class A common stock. He beneficially owns 145,215 shares directly.
This amount includes 6,327 restricted stock units that vest on the earlier of the first anniversary of the grant date or the day before the first annual meeting, and 138,888 restricted stock units that vest in three increments on each of the first three anniversaries of February 4, 2026. All vesting is subject to his continued service and the terms of the award agreements.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SPIERKEL GREGORY M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 145,215 shares (Direct)
Footnotes (1)
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FAQ
What did Forgent Power Solutions (FPS) director Gregory Spierkel report on this Form 3?
Gregory M. Spierkel reported his initial beneficial ownership in Forgent Power Solutions Class A common stock. He holds 145,215 shares directly, including restricted stock units that vest over time, reflecting equity-based compensation tied to his continued service as a director.
What restricted stock units (RSUs) are included in Gregory Spierkel’s Forgent Power (FPS) holdings?
His holdings include 6,327 RSUs that vest on the earlier of the first anniversary of the grant date or the day before the first annual meeting, and 138,888 RSUs that vest in three equal annual increments starting February 4, 2026, subject to continued service.
Over what period do Gregory Spierkel’s 138,888 Forgent Power (FPS) RSUs vest?
The 138,888 restricted stock units vest in three increments on each of the first three anniversaries of February 4, 2026. Each installment depends on his continued service with the company and compliance with the applicable award agreement terms.
Is Gregory Spierkel’s ownership in Forgent Power Solutions (FPS) direct or indirect?
His reported beneficial ownership is classified as direct. The Form 3 indicates the 145,215 shares of Class A common stock, including the restricted stock units, are held directly rather than through an intermediate entity or indirect ownership structure.
Does the Form 3 for Forgent Power (FPS) show any derivative securities held by Gregory Spierkel?
The filing’s derivative securities table does not list any separate derivative instruments. Instead, it highlights restricted stock units tied to Class A common stock, which are equity awards that vest over time rather than traditional options or other derivative contracts.