Innospec (IOSP) awards 1,539 restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INNOSPEC INC. director Elizabeth K. Arnold reported an equity award from the company. She acquired 1,539 Restricted Stock Units (RSUs) at no purchase price as a grant in connection with her service as a non-employee director. These RSUs vest in full on February 23, 2029, meaning they convert into common shares for her at that time if conditions are met. Following this grant, her directly held common stock and RSU-related holdings total 6,376 shares, reflecting routine stock-based compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Arnold Elizabeth K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,539 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,376 shares (Direct)
Footnotes (1)
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FAQ
What did Innospec (IOSP) disclose in this Form 4 filing?
Innospec (IOSP) disclosed that director Elizabeth K. Arnold received 1,539 Restricted Stock Units as an equity award. The grant is compensation for her role as a non-employee director and was not an open-market stock purchase or sale.
How many Innospec (IOSP) RSUs were granted to director Elizabeth K. Arnold?
Elizabeth K. Arnold was granted 1,539 Restricted Stock Units tied to Innospec common stock. These units represent a stock-based compensation award rather than cash, increasing her potential future share ownership once the RSUs vest and convert into common shares.
When do Elizabeth K. Arnold’s Innospec (IOSP) RSUs vest?
The 1,539 Restricted Stock Units granted to Elizabeth K. Arnold vest in full on February 23, 2029. On that vesting date, the RSUs are scheduled to convert into Innospec common shares, assuming continued eligibility and satisfaction of applicable conditions.
Why did Innospec (IOSP) grant RSUs to its non-employee director?
The RSUs were granted to compensate Elizabeth K. Arnold for her service as a non-employee director of Innospec. Companies commonly use restricted stock units to align director compensation with shareholder interests through long-term equity-based incentives rather than solely cash fees.