JAKKS director awarded 4,827 shares, 3,478 RSUs
A JAKKS Pacific director had RSUs vest into common stock and received a new RSU grant valued at the prior day’s $24.44 closing price.
Rhea-AI Filing Summary
JAKKS PACIFIC INC (JAKK) reported that director Neilwantie Mahabir-Somai had 4,827 restricted stock units vest on September 9, 2026, converting into 4,827 shares of common stock held directly. On the same date, the director received a new award of 3,478 restricted stock units that were issued under the company’s 2002 Stock Award and Incentive Plan. The vested and granted awards were valued using the $24.44 Nasdaq closing price for the trading day preceding the vesting or grant, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,827 shares exercised/converted
Exercise
3 txns
Insider
Mahabir-Somai Neilwantie
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 — 4,827 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: 4,827 units
Common shares received on vesting: 4,827 shares
New RSU grant: 3,478 units
+2 more
5 metrics
RSUs vested
4,827 units
Restricted stock units that vested for the director on September 9, 2026
Common shares received on vesting
4,827 shares
Shares of JAKKS Pacific common stock issued upon RSU vesting
New RSU grant
3,478 units
Restricted stock units granted to the director on September 9, 2026
Valuation price per share
$24.44 per share
Nasdaq closing price for the trading day preceding vesting and grant, used for valuation
Common shares held directly after transactions
4,827 shares
Director’s direct holdings of JAKKS Pacific common stock following the reported transactions
Key Terms
Restricted Stock Unit, vesting, minimum stock ownership provisions, trading day preceding the date of vest
4 terms
Restricted Stock Unit financial
"Issued under Issuer's 2002 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"
trading day preceding the date of vest market
"Represents the closing price of the Company's common stock for the trading day preceding the date of vest, as reported by NASDAQ"
FAQ
What did JAKK director Neilwantie Mahabir-Somai report on this Form 4?
The director reported 4,827 restricted stock units vesting and converting into 4,827 shares of common stock on September 9, 2026, plus a new grant of 3,478 restricted stock units on the same date, all held directly, with some shares subject to transfer restrictions.
What are the key terms of the new JAKK RSU grant reported?
The director received 3,478 restricted stock units issued under JAKKS Pacific’s 2002 Stock Award and Incentive Plan. These RSUs will vest in one installment on the first anniversary of the grant date, and vesting requires the director to remain a member of the board of directors.
How were the JAKK RSU vesting and grant values determined?
Both the vesting of 4,827 RSUs and the grant of 3,478 RSUs used $24.44 per share, which represents the closing price of JAKKS Pacific common stock on Nasdaq for the trading day preceding the date of vesting or grant, as stated in the footnotes.
Do the newly granted JAKK RSUs carry voting rights or transferability?
The newly granted 3,478 restricted stock units have no voting rights and may not be sold, mortgaged, pledged, transferred, or otherwise encumbered before vesting, in accordance with the Agreement for Award of Restricted Stock Units under the company’s 2002 Stock Award and Incentive Plan.
Was a Rule 10b5-1 trading plan involved in these JAKK transactions?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for these transactions, so the vesting, share issuance, and RSU grant are not described as occurring under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
