Hydrofarm (HYFM) director granted 30,000 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chung Patrick reported acquisition or exercise transactions in this Form 4 filing.
HYDROFARM HOLDINGS GROUP, INC. director Patrick Chung reported receiving an equity compensation award. He was granted 30,000 shares of common stock in the form of restricted stock units under the company’s 2020 Equity Incentive Plan, which will vest on June 23, 2027. Following this grant, Chung holds a reported total of 91,148 shares of common stock, reflecting a routine, non‑cash increase in his direct ownership tied to long-term incentives rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chung Patrick
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value per share | 30,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.0001 par value per share — 91,148 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity grant size: 30,000 shares
Grant price per share: $0.0000 per share
Post-grant holdings: 91,148 shares
+1 more
4 metrics
Equity grant size
30,000 shares
Restricted stock units granted to director Patrick Chung
Grant price per share
$0.0000 per share
Reported transaction price for the RSU award
Post-grant holdings
91,148 shares
Total Hydrofarm common shares held after the transaction
Vesting date
June 23, 2027
Scheduled vesting of 30,000 restricted stock units
Key Terms
restricted stock units, 2020 Equity Incentive Plan, par value, Form 4
4 terms
restricted stock units financial
"Includes 30,000 restricted stock units granted under the Issuer's 2020 Equity Incentive Plan"
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.
2020 Equity Incentive Plan financial
"restricted stock units granted under the Issuer's 2020 Equity Incentive Plan which will vest"
par value financial
"Common Stock, $0.0001 par value per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Hydrofarm (HYFM) director Patrick Chung report on this Form 4?
Director Patrick Chung reported an equity compensation grant of 30,000 restricted stock units of Hydrofarm common stock. The award was granted at no cash cost and increases his direct ownership position as part of the company’s long-term incentive practices.
When do Patrick Chung’s 30,000 Hydrofarm restricted stock units vest?
The 30,000 restricted stock units granted to Patrick Chung are scheduled to vest on June 23, 2027. Vesting means the units convert into shares he fully owns, supporting longer-term alignment with Hydrofarm’s performance and shareholder value.
Was Patrick Chung’s Hydrofarm stock grant an open-market purchase or compensation?
The transaction was a compensation-related grant, not an open-market purchase. The Form 4 uses transaction code “A” for an award, with a reported price of $0.0000 per share, indicating it was issued as part of Hydrofarm’s equity incentive program.