Hillman Solutions (HLMN) chair gets 30,712 RSUs, disposes shares for taxes
Rhea-AI Filing Summary
Hillman Solutions Corp. director and Executive Chairman Douglas Cahill reported equity compensation and related tax transactions in company stock. He received a grant of 30,712 restricted stock units (RSUs), each representing a right to one share of common stock upon vesting. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, conditioned on his continued employment. To cover tax obligations, he disposed of 29,640 and 19,229 shares of common stock at $8.14 per share through tax-withholding dispositions. Following these transactions, he directly holds 742,617 shares of Hillman Solutions common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,157 shares
Net Sell
3 txns
Insider
Cahill Douglas
Role
COB, Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,712 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 29,640 | $8.14 | $241K |
| Exercise Price or Tax Liability | Common Stock | 19,229 | $8.14 | $157K |
Holdings After Transaction:
Common Stock — 742,617 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") that are a contingent right for the Reporting Person to receive one share of common stock for each RSU upon vesting. The RSUs will vest in three equal annual installments beginning on the first anniversary of the date of grant, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
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FAQ
What did Hillman Solutions (HLMN) insider Douglas Cahill report on this Form 4?
Douglas Cahill reported an equity award and related tax transactions. He received 30,712 restricted stock units and disposed of shares through tax-withholding dispositions, ending with 742,617 Hillman Solutions common shares held directly.
How many Hillman Solutions (HLMN) RSUs were granted to Douglas Cahill?
He was granted 30,712 restricted stock units. Each RSU represents a contingent right to receive one share of Hillman Solutions common stock upon vesting, providing equity-based compensation tied to his continued service with the company.
What are the vesting terms of Douglas Cahill’s Hillman Solutions (HLMN) RSUs?
The 30,712 RSUs vest in three equal annual installments. Vesting begins on the first anniversary of the grant date and is subject to Cahill’s continued employment with Hillman Solutions through each applicable vesting date.
Do the Hillman Solutions (HLMN) Form 4 transactions indicate an open-market sale by Douglas Cahill?
The transactions do not indicate open-market selling. The dispositions are coded “F,” meaning shares were withheld or delivered to pay exercise price or tax liabilities related to equity compensation, not discretionary market sales.