Hillman (HLMN) EVP granted 24,570 RSUs with 2,062 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hillman Solutions Corp. executive Robert Dale Davis reported equity compensation activity. He was granted 24,570 restricted stock units, each representing a contingent right to receive one share of common stock upon vesting. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant, subject to his continued employment. On the same date, 2,062 common shares at $8.14 per share were disposed of to cover tax obligations related to the award, leaving him with 87,072 common shares held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Davis Robert Dale
Role
EVP - Global Supply Chain
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,570 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,062 | $8.14 | $17K |
Holdings After Transaction:
Common Stock — 89,134 shares (Direct)
Footnotes (1)
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FAQ
What equity award did Hillman (HLMN) executive Robert Dale Davis receive?
Robert Dale Davis received 24,570 restricted stock units, each equal to one Hillman common share upon vesting. These RSUs are part of his equity compensation and align his interests with shareholders through stock-based incentives over a multi-year vesting period.
How do the new RSUs for Hillman (HLMN) EVP Robert Dale Davis vest?
The 24,570 RSUs vest in three equal annual installments, starting on the first anniversary of the grant date. Vesting is conditioned on Davis’s continued employment with Hillman Solutions Corp., creating a retention incentive tied directly to long-term service at the company.
What does the RSU structure mean for Hillman (HLMN) executive compensation?
The RSUs give Davis a contingent right to receive common shares over three years, subject to continued employment. This structure links his compensation to Hillman’s equity performance and encourages long-term alignment with shareholder interests through time-based vesting of stock-based awards.