Director Robert Rivero receives 7,510 RSUs at Hackett Group (HCKT)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rivero Robert A reported acquisition or exercise transactions in this Form 4 filing.
HACKETT GROUP, INC. director Robert A. Rivero reported awards of common stock in the form of restricted stock units under the company’s Outside Director Compensation Program. One grant covers 5,007 RSUs that vest in full on February 12, 2027, delivering the same number of common shares at vesting.
A second grant covers 2,503 RSUs that vest in three equal installments beginning February 12, 2027, also on a one-for-one basis into common stock. After these awards, his reported direct holdings include unvested RSUs referenced in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rivero Robert A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,007 | $0.00 | -- |
| Grant/Award | Common Stock | 2,503 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,448 shares (Direct)
Footnotes (1)
- Represents a grant of restricted stock units (RSUs) issued in connection with the Company's Outside Director Compensation Program. The RSUs vest in full on February 12, 2027. Upon vesting of the RSUs, the reporting person receives shares of common stock on a one-for-one basis. Includes 5,771 unvested RSUs. Represents a grant of RSUs issued in connection with the Company's Outside Director Compensation Program. The RSUs vest in three equal installments beginning February 12, 2027. Upon vesting of the RSUs, the reporting person receives shares of common stock on a one-for-one basis. Includes 8,274 unvested RSUs.
FAQ
What insider transaction did HACKETT GROUP (HCKT) director Robert Rivero report?
Robert A. Rivero reported awards of restricted stock units rather than open-market purchases or sales. These RSUs were granted under Hackett Group’s Outside Director Compensation Program and will convert into common shares upon future vesting, aligning compensation with the company’s equity performance over time.
How many restricted stock units did HCKT director Robert Rivero receive?
Robert A. Rivero received two RSU grants totaling 7,510 units of Hackett Group common stock. One award is for 5,007 RSUs and the other for 2,503 RSUs. Each RSU converts into one share of common stock when the applicable vesting conditions are satisfied.
When do Robert Rivero’s Hackett Group RSU awards vest?
One RSU award vests in full on February 12, 2027, delivering 5,007 shares. The other 2,503 RSUs vest in three equal installments beginning February 12, 2027. Upon each vesting date, Rivero receives Hackett Group common stock on a one-for-one basis.
Were Robert Rivero’s Hackett Group RSUs granted under a specific program?
Yes. Both RSU awards to Robert A. Rivero were issued in connection with Hackett Group’s Outside Director Compensation Program. This program compensates non-employee directors using equity-based awards, helping tie director compensation directly to the long-term performance of the company’s common stock.
Does the Form 4 for HCKT indicate any open-market buying or selling by Robert Rivero?
No. The Form 4 reports grant or award acquisitions coded as "A," not open-market buy or sell transactions. The entries reflect restricted stock units that were awarded to Rivero and will convert into Hackett Group common shares as they vest according to the stated schedules.