Hillman Solutions (HLMN) legal officer gets RSU grant, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hillman Solutions Corp. executive Amanda Kitzberger, Chief Legal Officer and Secretary, reported equity compensation and related tax withholding transactions in the company’s common stock. She acquired 24,570 restricted stock units as a grant, at no cash price, increasing her direct holdings.
The restricted stock units represent the right to receive one share of common stock for each unit upon vesting. They vest in three equal annual installments beginning on the first anniversary of the grant date, conditioned on her continued employment. To satisfy tax obligations, 4,729 shares and 1,747 shares were disposed of through share withholding at a price of $8.14 per share, leaving her with 84,409 directly owned shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kitzberger Amanda
Role
Chief Leg. Offic. & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,570 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,729 | $8.14 | $38K |
| Tax Withholding | Common Stock | 1,747 | $8.14 | $14K |
Holdings After Transaction:
Common Stock — 90,885 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Amanda Kitzberger report at Hillman Solutions (HLMN)?
Amanda Kitzberger reported receiving a grant of 24,570 restricted stock units and disposing of 4,729 and 1,747 common shares through tax-withholding transactions at $8.14 per share. After these equity compensation-related moves, she directly owned 84,409 shares of Hillman common stock.
What type of equity award did Hillman Solutions (HLMN) grant to Amanda Kitzberger?
Hillman Solutions granted Amanda Kitzberger 24,570 restricted stock units, each representing a contingent right to receive one share of common stock. These units vest in three equal annual installments, beginning on the first anniversary of the grant date, subject to her continued employment with the company.
How do the restricted stock units for Hillman Solutions (HLMN) vest for Amanda Kitzberger?
The 24,570 restricted stock units vest in three equal annual installments, starting on the first anniversary of the grant date. Vesting is conditioned on Amanda Kitzberger’s continued employment with Hillman Solutions through each applicable vesting date, aligning the award with long-term service at the company.
What does the tax-withholding code on the Hillman Solutions (HLMN) Form 4 indicate?
The tax-withholding code indicates shares were disposed of to pay tax obligations related to equity awards. In this filing, 4,729 and 1,747 Hillman common shares at $8.14 per share were used to satisfy taxes, while the underlying restricted stock unit grant remained an acquisition of additional equity.