JAKKS director Shoghi gets 3,478 new RSUs
JAKKS PACIFIC director Alexander Shoghi reported RSU vesting into common stock and a new RSU grant tied to continued board service.
Rhea-AI Filing Summary
JAKKS PACIFIC INC (JAKK) director Alexander Shoghi reported equity award activity on September 9, 2026. Previously granted restricted stock units covering 4,827 shares vested and were converted into the same number of common shares at a reference price of $24.44 per share, leaving him with 17,391 common shares held directly, some of which may be subject to transfer limits under the board’s minimum ownership policy. On the same date, he received a new award of 3,478 restricted stock units under the company’s stock incentive plan, which will vest in a single installment on the first anniversary of grant if he remains on the board. No Rule 10b5-1 trading plan is indicated for these transactions.
Positive
- None.
Negative
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Insider Trade Summary
4,827 shares exercised/converted
Exercise
3 txns
Insider
SHOGHI ALEXANDER
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit ("RSU") F1, F4 | 4,827 | $24.44 | $118K |
| Grant/Award | Restricted Stock Unit ("RSU") F2, F6, F3, F5 | 3,478 | $24.44 | $85K |
| Exercise | Common Stock F1, F4, F5 | 4,827 | $24.44 | $118K |
Holdings After Transaction:
Restricted Stock Unit ("RSU") — 3,478 contracts (Direct);
Common Stock — 17,391 shares (Direct)
Footnotes (6)
- F1. Vested according to the terms of the RSU described in a previous filing.
- F2. Issued under Issuer's 2002 Stock award and Incentive Plan and is subject to the terms of Agreement for Award of Restricted Stock Units between Issuer and Reporting Person. In accordance with such Agreement, securities so issued will have no voting rights and may not be sold, mortgaged, pledged, transferred or otherwise encumbered prior to vesting.
- F3. RSUs will vest in 1 installment on the first anniversary of the date of the grant. The Reporting Person must be a member of the Board of Directors for an RSU to vest.
- F4. Represents the closing price of the Company's common stock for the trading day preceding the date of vest, as reported by NASDAQ.
- F5. Certain of the shares may be restricted from transfer pursuant to the minimum stock ownership provisions adopted by Issuer's Board of Directors.
- F6. Represents the closing price of the Company's common stock for the trading day preceding the date of grant, as reported by NASDAQ.
Key Figures
RSUs vested and converted: 4,827 units/shares
New RSU grant: 3,478 units
Reference price for vesting and grant: $24.44 per share
+2 more
5 metrics
RSUs vested and converted
4,827 units/shares
Restricted stock units that vested and were converted into common stock on September 9, 2026
New RSU grant
3,478 units
Restricted stock units granted to Alexander Shoghi on September 9, 2026
Reference price for vesting and grant
$24.44 per share
Closing price of JAKKS PACIFIC common stock on the trading day preceding vesting and grant
Common shares held after transactions
17,391 shares
Direct holdings of JAKKS PACIFIC common stock by Alexander Shoghi following the reported activity
RSU vesting schedule
1 installment
New RSUs vest in a single installment on the first anniversary of the grant date
Key Terms
Restricted Stock Unit, vesting, minimum stock ownership provisions, voting rights
4 terms
Restricted Stock Unit financial
"Issued under Issuer's stock award and incentive plan and is subject to the terms of Agreement for Award of Restricted Stock Units"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vesting financial
"RSUs will vest in 1 installment on the first anniversary of the date of the grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
minimum stock ownership provisions financial
"Certain of the shares may be restricted from transfer pursuant to the minimum stock ownership provisions adopted by Issuer's Board of Directors"
voting rights financial
"securities so issued will have no voting rights and may not be sold, mortgaged, pledged, transferred or otherwise encumbered prior to vesting"
Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.
FAQ
What equity transactions did JAKK director Alexander Shoghi report on this Form 4?
Alexander Shoghi reported the vesting and conversion of 4,827 restricted stock units into common stock at a reference price of $24.44 per share and a new grant of 3,478 restricted stock units that will vest in one installment on the first anniversary of the grant.
What are the terms of the new RSU grant reported by JAKK for Alexander Shoghi?
The new award consists of 3,478 restricted stock units, issued under JAKKS PACIFIC’s stock award and incentive plan. The units will vest in one installment on the first anniversary of the grant date, and vesting requires that Shoghi remain a member of the board of directors.
At what price were the RSU vesting and new grant for JAKK’s Alexander Shoghi referenced?
Both the vesting of 4,827 units and the grant of 3,478 new units reference $24.44 per share, described as the closing price of JAKKS PACIFIC’s common stock on the trading day preceding the vesting or grant date, as reported by NASDAQ.
Were JAKK director Alexander Shoghi’s reported transactions under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that these transactions by Alexander Shoghi were not made pursuant to a Rule 10b5-1 trading plan, meaning no pre-arranged trading plan is affirmatively associated with this activity in the report.
Do the new JAKK RSUs granted to Alexander Shoghi carry any transfer or voting restrictions?
Yes. A footnote states the new restricted stock units are issued under JAKKS PACIFIC’s stock award and incentive plan, have no voting rights, and may not be sold, mortgaged, pledged, transferred or otherwise encumbered before they vest, under the award agreement terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
