H&R Block (HRB) director Breig receives 3,727-share equity award grant
Rhea-AI Filing Summary
H&R Block director Geralyn Breig received an equity award of 3,727 shares of common stock on
According to the footnote, this award represents director restricted share units (DRSUs) granted under the H&R Block, Inc. 2018 Long Term Incentive Plan. The DRSUs fully vest on the first anniversary of the grant date, if she continues to serve as a director through that vesting date. Each director can elect to receive the underlying common shares either immediately upon vesting or defer receipt until the six-month anniversary of ending service on the board.
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FAQ
What insider transaction did H&R Block (HRB) report for Geralyn Breig?
The filing shows that director Geralyn Breig acquired 3,727 shares of H&R Block common stock on
What is the nature of the 3,727-share award to the H&R Block (HRB) director?
The 3,727-share award is described as director restricted share units (DRSUs) granted under the H&R Block, Inc. 2018 Long Term Incentive Plan, tied to board service.
When do the director restricted share units (DRSUs) for H&R Block (HRB) vest?
The DRSUs granted to the director fully vest on the first anniversary of the grant date, provided the director continues serving on the H&R Block board through that vesting date.
Can the H&R Block (HRB) director defer receipt of the shares from the DRSUs?
Yes. The footnote explains that each director may elect to receive the common shares either immediately upon vesting or defer receipt until the six-month anniversary of termination of service as a director.
How many H&R Block (HRB) shares does Geralyn Breig own after this Form 4 transaction?
After the reported grant, the Form 4 lists 3,727 shares of H&R Block common stock beneficially owned by Geralyn Breig, held in direct ownership form.
Under which equity plan were the H&R Block (HRB) director restricted share units granted?
The director restricted share units were granted under the H&R Block, Inc. 2018 Long Term Incentive Plan, as noted in the footnote to the Form 4.