JAKKS director acquires 4,827 shares, 3,478 RSUs
Director Jordan Scott Moelis reported RSU vesting into common shares and a new RSU grant tied to continued board service at JAKKS PACIFIC INC.
Rhea-AI Filing Summary
JAKKS PACIFIC INC (JAKK) reported that director Jordan Scott Moelis had 4,827 RSUs vest on September 9, 2026, converting into 4,827 shares of common stock. The reference price of $24.44 represents the NASDAQ closing price on the trading day before vesting. On the same date, Moelis received a new award of 3,478 RSUs under the company’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 continued service on the Board. Prior to vesting, the RSUs have no voting rights and cannot be transferred, and certain resulting common shares may be subject to the company’s minimum stock ownership provisions.
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Insider Trade Summary
| 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 |
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
Key Terms
Restricted Stock Unit ("RSU") financial
vesting financial
minimum stock ownership provisions financial
Incentive Plan financial
NASDAQ market
FAQ
What insider equity transactions did JAKK director Jordan Scott Moelis report on September 9, 2026?
What new RSU award did JAKKS (JAKK) grant to director Jordan Scott Moelis?
What are the vesting conditions for the new JAKK RSU grant to Jordan Scott Moelis?
Do the JAKK RSUs granted to Jordan Scott Moelis have voting rights or transferability before vesting?
Were Jordan Scott Moelis’s JAKK transactions made under a Rule 10b5-1 trading plan?
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