Information Services Group (III) HR EVP granted restricted and performance-based RSUs
Rhea-AI Filing Summary
Information Services Group Inc. executive Thomas S. Kucinski, EVP and Chief HR officer, received equity awards tied to the company’s stock. He was granted 29,297 shares of common stock as restricted stock units that will vest in four equal installments on each anniversary of April 1, 2026. He also received 9,766 performance-based RSUs linked to future stock price performance, each convertible into one share of common stock if conditions are met. These grants increased his direct holdings of common stock to 345,436 shares, including shares previously acquired under the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insights
Routine equity grants reward the HR EVP with time- and performance-based RSUs.
The transactions show Thomas S. Kucinski receiving stock-based compensation rather than buying shares on the open market. He was granted 29,297 restricted shares that vest over four years and 9,766 performance-based RSUs tied to future stock price levels.
The performance RSUs vest only if the average closing price of the common stock over any ten consecutive trading days reaches at least $5.25 on or before the fourth anniversary of the award. This structure aligns part of his compensation with long-term share price performance, while total reported holdings rose to 345,436 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Based RSUs | 9,766 | $0.00 | -- |
| Grant/Award | Shares of Common Stock | 29,297 | $3.84 | $113K |
Footnotes (1)
- Represents restricted stock units (RSUs) granted to the reporting person pursuant to the Information Services Group, Inc. Amended and Restated 2007 Equity and Incentive Award Plan, which will vest in 4 equal installments on each of the first, second, third and fourth anniversaries of April 1, 2026. Includes 253 shares acquired under the Information Services Group, Inc. Amended and Restated 2007 Employee Stock Purchase Plan. Represents a grant of RSUs that may be earned based on the achievement of market price goals, which will be measured as the average closing price of issuer's common stock over any ten consecutive trading day period beginning with the first anniversary of the award. 100% of the number of RSUs will be earned if the measured market price is $5.25 or above. If this measured market price is not achieved by the fourth anniversary of the award, these RSUs will be forfeited. Market price goals are subject to adjustment for stock splits and certain other corporate events. Once determined, any such earned RSUs will be fully vested.