Director at INNOSPEC (IOSP) receives 1,539-share RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PARRETTE LESLIE J reported acquisition or exercise transactions in this Form 4 filing.
INNOSPEC INC. director Leslie J. Parrette reported an equity award of 1,539 shares of common stock in the form of Restricted Stock Units. The RSUs were granted in connection with Parrette’s service as a non-employee director and will vest in full on February 23, 2029. After this grant, Parrette directly holds 7,376 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PARRETTE LESLIE J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,539 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,376 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did INNOSPEC INC. (IOSP) report for Leslie J. Parrette?
INNOSPEC INC. reported that director Leslie J. Parrette received an award of 1,539 shares of common stock as Restricted Stock Units. The award is compensation for service as a non-employee director and increases Parrette’s directly held common stock to 7,376 shares.
Was the INNOSPEC (IOSP) insider transaction a purchase or an award?
The INNOSPEC transaction was an equity award, not an open-market purchase. Leslie J. Parrette acquired 1,539 Restricted Stock Units as compensation, with a reported price of $0.0000 per share, reflecting a grant rather than a cash-funded share purchase.
When do Leslie J. Parrette’s INNOSPEC (IOSP) RSUs vest?
The Restricted Stock Units granted to Leslie J. Parrette vest in full on February 23, 2029. Vesting means the RSUs convert into shares if service or other conditions are met, aligning director compensation with longer-term company performance over several years.
What does transaction code "A" mean in the INNOSPEC (IOSP) Form 4?
Transaction code "A" on the INNOSPEC Form 4 indicates a grant, award, or other acquisition. Here, it represents the grant of 1,539 Restricted Stock Units to director Leslie J. Parrette as part of non-employee director compensation, rather than a market trade.