[Form 4] International Money Express, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Purcell Michael J. reported acquisition or exercise transactions in this Form 4 filing.
International Money Express, Inc. director Michael J. Purcell received an award of 989 shares of common stock as equity compensation. The award is structured as restricted stock that will vest on 06/30/2026, contingent on his continued service as a director. Following this grant, he directly holds 86,621 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Purcell Michael J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 989 | $15.80 | $16K |
Holdings After Transaction:
Common Stock — 86,621 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock granted: 989 shares
Grant reference price: $15.80 per share
Holdings after grant: 86,621 shares
+1 more
4 metrics
Restricted stock granted
989 shares
Equity award to director Michael J. Purcell
Grant reference price
$15.80 per share
Price per share used in Form 4 for the award
Holdings after grant
86,621 shares
Common stock directly held after the transaction
Vesting date
06/30/2026
Restricted stock vests if director service continues
Key Terms
restricted stock, vest, grant, award, or other acquisition, common stock
4 terms
restricted stock financial
"The reported transaction is an award of restricted stock, subject to the reporting person's continued service"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"This restricted stock will vest on 06/30/2026."
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: Grant, award, or other acquisition"
common stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did IMXI director Michael J. Purcell report?
Michael J. Purcell reported receiving an award of 989 shares of International Money Express common stock. This is an equity compensation grant rather than an open-market purchase, and it increases his direct holdings in the company.
Is the IMXI stock award to Michael J. Purcell immediately vested?
No, the 989-share award to Michael J. Purcell is restricted stock that vests on 06/30/2026. Vesting is contingent on his continued service as a director with International Money Express until that date.
Was the IMXI transaction a purchase or a compensation grant?
The transaction was a compensation-related equity grant, not an open-market purchase. The Form 4 describes the 989 IMXI shares as a grant or award of restricted stock, tied to Michael J. Purcell’s service as a director.
What conditions apply to Michael J. Purcell’s IMXI restricted stock?
The restricted stock award is subject to Michael J. Purcell’s continued service as a director of International Money Express. According to the footnote, the 989 shares will vest on 06/30/2026 if he remains in that role.