Hydrofarm (HYFM) director receives 30,000 restricted stock units in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Persofsky Renah reported acquisition or exercise transactions in this Form 4 filing.
HYDROFARM HOLDINGS GROUP, INC. director Renah Persofsky received an equity award of 30,000 shares of common stock in the form of restricted stock units. These RSUs were granted under the company’s 2020 Equity Incentive Plan and are scheduled to vest on June 23, 2027.
Following this grant, Persofsky’s direct holdings reported in this filing total 91,498 shares of common stock. This is a compensation-related award at no cash cost per share, rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Persofsky Renah
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 — 91,498 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 30,000 shares
Post-transaction holdings: 91,498 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSU grant size
30,000 shares
Restricted stock units granted to director Renah Persofsky
Post-transaction holdings
91,498 shares
Total common stock directly held after the grant
Grant price per share
$0.0000 per share
Transaction price for the RSU award
Par value
$0.0001 per share
Par value of Hydrofarm common stock
Vesting date
June 23, 2027
Scheduled vesting for the 30,000 RSUs
Key Terms
restricted stock units, 2020 Equity Incentive Plan, Form 4
3 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"
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 HYFM director Renah Persofsky report in this Form 4?
Renah Persofsky reported receiving 30,000 restricted stock units of Hydrofarm common stock as a compensation grant. The award carries a zero dollar grant price and was issued under Hydrofarm’s 2020 Equity Incentive Plan, increasing her reported direct holdings.
Was Renah Persofsky’s HYFM transaction a market purchase or a grant?
The transaction was a grant of 30,000 restricted stock units, not a market purchase. It is coded as an acquisition (code A) for compensation, with a transaction price of $0.0000 per share, reflecting an award rather than cash investment.
When will Renah Persofsky’s 30,000 HYFM restricted stock units vest?
The 30,000 restricted stock units granted to Renah Persofsky are scheduled to vest on June 23, 2027. Vesting means the units convert into common shares according to the plan’s terms, subject to any continued service or other conditions in the equity plan.
Under which plan were the HYFM restricted stock units granted to Renah Persofsky?
The 30,000 restricted stock units were granted under Hydrofarm’s 2020 Equity Incentive Plan. This plan governs equity-based compensation awards for eligible participants, including directors, and defines grant, vesting, and settlement terms for restricted stock units.