Hillman Solutions (HLMN) director awarded 19,257 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Woodlief Philip reported acquisition or exercise transactions in this Form 4 filing.
Hillman Solutions Corp. director Philip Woodlief received an equity award in the form of restricted stock units. On the transaction date, he was granted 19,257 RSUs, each representing a contingent right to one share of common stock upon vesting. Following this grant, he directly holds 123,629 shares. The RSUs will vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, provided he continues serving on the board through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Woodlief Philip
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,257 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 123,629 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 19,257 RSUs
Share holdings after grant: 123,629 shares
Transaction code: A (grant, award, or other acquisition)
+1 more
4 metrics
RSUs granted
19,257 RSUs
Equity award to director Philip Woodlief
Share holdings after grant
123,629 shares
Total direct holdings following RSU award
Transaction code
A (grant, award, or other acquisition)
Non-derivative Common Stock entry on Form 4
Vesting schedule
Earlier of 1-year anniversary or next annual meeting
RSUs vesting condition with continued board service
Key Terms
restricted stock units ("RSUs"), contingent right, vest in full, annual meeting of stockholders, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that are a contingent right for the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"a contingent right for the Reporting Person to receive one share of common stock"
vest in full financial
"The RSUs will vest in full on the earlier of the first anniversary of the grant date"
annual meeting of stockholders financial
"the earlier of the first anniversary of the grant date or the next annual meeting of stockholders"
continued service on the board of directors financial
"subject to the Reporting Person's continued service on the board of directors through the vesting date"
FAQ
What insider transaction did Hillman Solutions (HLMN) report for Philip Woodlief?
Hillman Solutions reported that director Philip Woodlief received a grant of 19,257 restricted stock units. Each RSU represents a contingent right to one share of common stock, awarded as part of his director compensation rather than an open-market stock purchase.
When do Philip Woodlief’s Hillman Solutions (HLMN) RSUs vest?
The restricted stock units granted to Philip Woodlief vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders. Vesting is conditioned on his continued service on the Hillman Solutions board through that vesting date.
What type of security was granted to Philip Woodlief by Hillman Solutions (HLMN)?
Philip Woodlief was granted restricted stock units, or RSUs, linked to Hillman Solutions common stock. Each RSU is a contingent right to receive one share upon vesting, rather than an immediate share issuance or cash-based compensation award.
Does the Form 4 for Hillman Solutions (HLMN) show a stock purchase or sale by Philip Woodlief?
The Form 4 does not show an open-market purchase or sale by Philip Woodlief. Instead, it reports an acquisition coded as a grant, reflecting director compensation in the form of RSUs that may convert into shares if vesting conditions are satisfied.