Presidio Production (FTW) CFO reports 404,353 Class A shares in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
PRESIDIO PRODUCTION Co Executive VP & CFO John M. Brawley filed an initial ownership report on Class A Common Stock. He reports direct ownership of 404,353 shares, including 264,000 restricted stock units that vest in three substantially equal annual installments beginning March 4, 2027, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRAWLEY JOHN M
Role
Executive VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 404,353 shares (Direct)
Footnotes (1)
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FAQ
What does the Form 3 filing by PRESIDIO PRODUCTION (FTW) disclose?
The Form 3 discloses Executive VP & CFO John M. Brawley’s initial beneficial ownership in PRESIDIO PRODUCTION Class A Common Stock, detailing his total direct holdings and the portion represented by restricted stock units with future vesting conditions.
How many restricted stock units does the PRESIDIO PRODUCTION (FTW) CFO hold?
The CFO holds 264,000 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to vesting and his continued service with PRESIDIO PRODUCTION through each vesting date.
When do John M. Brawley’s RSUs in PRESIDIO PRODUCTION (FTW) begin vesting?
The RSUs begin vesting on March 4, 2027. They vest in three substantially equal annual installments starting on that date, provided John M. Brawley continues to serve in his role through each scheduled vesting date.
What conditions apply to the PRESIDIO PRODUCTION (FTW) RSU awards?
The RSU awards are subject to a continued service requirement. They vest in three substantially equal annual installments beginning March 4, 2027, and each vested RSU entitles the holder to receive one share of Class A Common Stock upon vesting.