Hillman CEO granted 184,275 RSUs, withholds shares
Hillman Solutions Corp. President & CEO Jon Michael Adinolfi reported equity compensation and related tax-withholding transactions in common stock.
Rhea-AI Filing Summary
Hillman Solutions Corp. President & CEO Jon Michael Adinolfi reported equity compensation and related tax-withholding transactions in common stock. He received a grant of 184,275 restricted stock units (RSUs), each representing a contingent 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 with the company through each vesting date. On the same date, he disposed of 9,784 shares and 9,983 shares of common stock at $8.14 per share in transactions classified as tax-withholding dispositions to cover tax liabilities. Following these transactions, he directly owned 921,594 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 184,275 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,784 | $8.14 | $80K |
| Exercise Price or Tax Liability | Common Stock | 9,983 | $8.14 | $81K |
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.
FAQ
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What did Hillman Solutions (HLMN) CEO Jon Michael Adinolfi receive in this Form 4 filing?
How do the new RSUs for Hillman Solutions (HLMN) CEO vest over time?
What is the transaction code A in the Hillman Solutions (HLMN) Form 4?
What does transaction code F mean in the Hillman Solutions (HLMN) CEO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.