Hillman Solutions (HLMN) director granted 19,257 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gendron Teresa S reported acquisition or exercise transactions in this Form 4 filing.
Hillman Solutions Corp. director Teresa S. Gendron received a grant of 19,257 restricted stock units, each representing a contingent right to one share of common stock upon vesting. The RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual stockholder meeting, subject to her continued board service. Following this equity award, she directly holds 83,961 shares/units of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gendron Teresa S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,257 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 83,961 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 19,257 units
Grant price: $0.0000 per share
Holdings after grant: 83,961 shares
3 metrics
RSUs granted
19,257 units
Restricted stock units granted to director on reported date
Grant price
$0.0000 per share
Reported transaction price for RSU grant
Holdings after grant
83,961 shares
Total direct holdings following the transaction
Key Terms
restricted stock units ("RSUs"), contingent right, vesting, annual meeting of stockholders
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that are a contingent right..."
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..."
vesting financial
"to receive one share of common stock for each RSU upon vesting."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders..."
FAQ
What did Hillman Solutions Corp. (HLMN) disclose about Teresa S. Gendron in this Form 4?
Hillman Solutions reported that director Teresa S. Gendron received 19,257 restricted stock units as an equity award. Each RSU is a contingent right to one share of common stock, increasing her direct holdings to 83,961 shares or share-equivalents after the grant.
How many restricted stock units were granted to the Hillman Solutions (HLMN) director?
The director received 19,257 restricted stock units in this grant. These RSUs represent future rights to receive common shares upon vesting, functioning as stock-based compensation tied to her ongoing service on Hillman Solutions’ board of directors.
When do Teresa S. Gendron’s Hillman Solutions (HLMN) RSUs vest?
The RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual stockholder meeting. Vesting is conditioned on Teresa S. Gendron’s continued service on Hillman Solutions’ board of directors through the applicable vesting date.
What are Teresa S. Gendron’s total Hillman Solutions (HLMN) holdings after this Form 4 transaction?
After the reported grant, Teresa S. Gendron directly holds 83,961 shares or share-equivalents of Hillman Solutions common stock. This total includes the 19,257 newly granted restricted stock units reported as a contingent right to receive common shares upon vesting.
Does the Hillman Solutions (HLMN) Form 4 show a market purchase or sale by the director?
No market purchase or sale is reported; the filing shows an acquisition coded as a grant or award. The 19,257 units were granted at a stated price of $0.0000 per share as stock-based compensation, not an open-market transaction.