Federal Signal (FSS) VP awarded 1,787 options and 590 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Federal Signal Corp. reported that VP of Strategy and Investor Relations Felix Boeschen received new equity awards. He was granted 1,787 stock options at an exercise price of $116.43 per share and a restricted stock award of 590 common shares.
All 590 restricted shares vest on 02/27/2029. The options become exercisable in three tranches: 596 shares on 02/27/2027, 595 shares on 02/27/2028, and 596 shares on 02/27/2029. Following these grants, Boeschen directly owns 1,726 common shares and 1,787 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Boeschen Felix
Role
VP Strategy/Investor Relations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 1,787 | $116.43 | $208K |
| Grant/Award | Common Stock | 590 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 1,787 shares (Direct);
Common Stock — 1,726 shares (Direct)
Footnotes (1)
- This represents a restricted stock award. All 590 shares vest on 02/27/2029. Options become exercisable as to 596 shares on 02/27/2027, 595 shares on 02/27/2028 and the remaining 596 shares on 02/27/2029.
FAQ
What insider transactions did Federal Signal (FSS) report for Felix Boeschen?
Federal Signal reported that Felix Boeschen received a grant of 1,787 stock options and 590 restricted common shares. These equity awards increase his direct holdings and are structured with multi-year vesting and exercisability schedules extending through February 2029.
How many stock options were granted to Felix Boeschen at Federal Signal (FSS)?
Felix Boeschen was granted 1,787 stock options, each with an exercise price of $116.43 per share. These options vest in three annual tranches, beginning in 2027 and continuing through 2029, giving him the right to buy shares at that fixed price.
What are the vesting terms for Felix Boeschen’s restricted stock at Federal Signal (FSS)?
Boeschen received a restricted stock award of 590 common shares. According to the disclosure, all 590 restricted shares vest on February 27, 2029, meaning he will fully earn these shares on that single future vesting date.
When do Felix Boeschen’s new stock options at Federal Signal (FSS) become exercisable?
The options become exercisable in three stages: 596 shares on February 27, 2027, 595 shares on February 27, 2028, and the remaining 596 shares on February 27, 2029. Each tranche can be exercised once the respective date is reached.
What are Felix Boeschen’s Federal Signal (FSS) holdings after these transactions?
After the reported grants, Felix Boeschen directly holds 1,726 shares of Federal Signal common stock and 1,787 stock options. The common shares include the newly awarded restricted stock, which vests in 2029, while the options vest between 2027 and 2029.