HF Foods Group (NASDAQ: HFFG) director receives 21,390-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HF Foods Group Inc. director Dennis Lam received an equity award of 21,390 shares of common stock in the form of restricted stock units. The award was granted at no cash cost per share and is classified as a grant or award acquisition.
These restricted stock units are scheduled to vest on April 15, 2027, meaning Lam will gain full ownership if the vesting conditions are met by that date. After this grant, Lam directly holds a total of 43,874 shares of HF Foods Group Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lam Dennis
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,390 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 43,874 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 21,390 shares
Grant price: $0.0000 per share
Total holdings after grant: 43,874 shares
+1 more
4 metrics
RSU grant size
21,390 shares
Restricted stock unit grant to director Dennis Lam
Grant price
$0.0000 per share
Stated transaction price for RSU grant
Total holdings after grant
43,874 shares
Dennis Lam direct ownership following the transaction
Vesting date
April 15, 2027
Restricted stock units vesting schedule
Key Terms
restricted stock units, Form 4, grant, award, or other acquisition, director
4 terms
restricted stock units financial
"Represents a grant of restricted stock units; vests on April 15, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
director financial
""is_director": 1"
FAQ
What did HF Foods Group Inc. director Dennis Lam report on this Form 4 for HFFG?
Dennis Lam reported receiving 21,390 shares of HF Foods Group Inc. common stock as a restricted stock unit grant. The award was classified as a grant or award acquisition and increased his direct holdings to 43,874 shares after the transaction.
When do Dennis Lam’s restricted stock units in HF Foods Group Inc. vest?
The restricted stock units granted to Dennis Lam vest on April 15, 2027. Vesting means he will own the underlying HF Foods Group Inc. common shares outright at that time, provided any applicable service or other vesting conditions are satisfied.
What are Dennis Lam’s total HF Foods Group Inc. holdings after this Form 4 transaction?
Following the grant, Dennis Lam directly holds 43,874 shares of HF Foods Group Inc. common stock. This total includes the newly awarded 21,390 restricted stock units that were reported in the Form 4 insider transaction for HFFG.
Is Dennis Lam’s HF Foods Group Inc. grant classified as a buy or a compensation award?
The grant is classified as a compensation-related award rather than a market buy. The transaction code is “A” for grant, award, or other acquisition, and the filing describes the transaction direction as an acquisition via grant or award of restricted stock units.