Huron (HURN) director receives 1,500-share restricted stock grant in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SAWYER HUGH E III reported acquisition or exercise transactions in this Form 4 filing.
Huron Consulting Group Inc. director Hugh E. Sawyer III received an equity award rather than buying shares in the market. On May 8, 2026, he was granted 1,500 shares of common stock in the form of restricted stock units, at no cash purchase price.
The footnote explains that all of these restricted stock units will vest on the first anniversary of the award, so they are subject to a one-year service-based vesting period. After this grant, Sawyer directly holds 22,490 shares of Huron common stock, showing the transaction is part of routine director compensation rather than a large discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SAWYER HUGH E III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,490 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock unit grant: 1,500 shares
Shares held after transaction: 22,490 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
Restricted stock unit grant
1,500 shares
Equity award granted May 8, 2026
Shares held after transaction
22,490 shares
Direct common stock holdings following grant
Grant price per share
$0.00 per share
Compensation award, no cash purchase price
Vesting schedule
1-year cliff vesting
All RSUs vest on first anniversary of May 8, 2026 award
Key Terms
restricted stock units, vest, grant, award, or other acquisition
3 terms
restricted stock units financial
"Consists of restricted stock units granted to the reporting person on May 8, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"all of which will vest on the first anniversary of the award"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction code description indicates Grant, award, or other acquisition"
FAQ
What insider transaction did Huron (HURN) report for Hugh E. Sawyer III?
Huron Consulting reported that director Hugh E. Sawyer III received a grant of 1,500 restricted stock units on May 8, 2026. This is a compensation-related equity award, not an open-market stock purchase or sale, and increases his direct holdings in the company.
Was the Huron (HURN) insider transaction a market buy or sell?
The transaction was not a market buy or sell. It was coded as an “A” transaction, meaning a grant or award. Sawyer received 1,500 restricted stock units at no cash price as part of his compensation, so it does not reflect trading activity in the market.
When do Hugh E. Sawyer III’s new Huron (HURN) restricted stock units vest?
All 1,500 restricted stock units granted to Hugh E. Sawyer III will vest on the first anniversary of the May 8, 2026 award. Until that vesting date, the units are subject to service-based conditions typical for director equity compensation programs.
What does transaction code “A” mean in the Huron (HURN) Form 4 filing?
Transaction code “A” indicates a grant, award, or other acquisition of securities, typically for compensation. In this case, it reflects the issuance of 1,500 restricted stock units to director Hugh E. Sawyer III, rather than a voluntary open-market purchase of Huron shares.