Getty Realty grants 16,400 RSUs to executive
Getty Realty Corp reported that its VP & Chief Accounting Officer, Eugene Shnayderman, acquired 16,400 Restricted Stock Units (RSUs) as a grant.
Rhea-AI Filing Summary
Getty Realty Corp reported that its VP & Chief Accounting Officer, Eugene Shnayderman, acquired 16,400 Restricted Stock Units (RSUs) as a grant. Each RSU can be settled, at the Compensation Committee’s discretion, in either one share of common stock or cash equal to the share’s fair market value.
The RSUs vest in equal portions over five years starting on the first anniversary of the grant date, generally requiring continued service. Unvested RSUs fully vest if service ends without cause or upon death, and may vest upon retirement at the Committee’s discretion. After this award, Shnayderman holds 108,650 derivative securities tied to the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 16,400 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.
- F2. RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within thirty (30) days following the applicable vesting date.
- F3. The RSUs were received by reporting person for no consideration.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Getty Realty (GTY) report for Eugene Shnayderman?
How do the new RSUs for Getty Realty (GTY) executive Eugene Shnayderman vest?
How can the Getty Realty (GTY) RSUs granted to Eugene Shnayderman be settled?
What is Eugene Shnayderman’s total Getty Realty (GTY) derivative holdings after this RSU grant?
Did Eugene Shnayderman pay for the Getty Realty (GTY) RSUs he received?
Under what circumstances do the Getty Realty (GTY) RSUs for Eugene Shnayderman fully vest early?
AI-generated analysis. How Rhea-AI works. Not financial advice.