JELD-WEN (NYSE: JELD) HR chief receives 105,095 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JELD-WEN Holding, Inc. reported that EVP & CHRO Wendy A. Livingston received a grant of 105,095 shares of common stock as a stock-based compensation award. The shares were acquired at no cash cost per share.
Following this grant, Livingston directly holds 174,872 shares of JELD-WEN common stock. According to the terms, these restricted stock units will vest in three equal installments on May 11, 2027, May 11, 2028, and May 11, 2029, subject to her continued employment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Livingston Wendy A.
Role
EVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 105,095 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 174,872 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 105,095 shares
Price per share: $0.0000 per share
Post-transaction holdings: 174,872 shares
+3 more
6 metrics
RSU grant size
105,095 shares
Common stock award classified as grant/award acquisition
Price per share
$0.0000 per share
Indicates compensation award, not open-market purchase
Post-transaction holdings
174,872 shares
Direct ownership after the award
First vesting date
May 11, 2027
RSUs vest ratably over three years
Second vesting date
May 11, 2028
Second installment of RSU vesting
Third vesting date
May 11, 2029
Final installment of RSU vesting
Key Terms
restricted stock units, vest ratably, grant, award, or other acquisition, continued employment
4 terms
restricted stock units financial
"these restricted stock units will vest ratably on May 11, 2027"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest ratably financial
"will vest ratably on May 11, 2027, May 11, 2028, and May 11, 2029"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
continued employment financial
"Subject to the reporting person's continued employment with the issuer"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
FAQ
What did JELD-WEN (JELD) EVP & CHRO Wendy Livingston report on this Form 4?
She reported receiving a grant of 105,095 shares of JELD-WEN common stock as a stock-based compensation award. The shares were acquired at no cash cost and increase her direct holdings to 174,872 shares.
When do Wendy Livingston’s JELD-WEN (JELD) restricted stock units vest?
The restricted stock units vest in three equal installments on May 11, 2027, May 11, 2028, and May 11, 2029. Each vesting date is conditioned on her continued employment with JELD-WEN through the respective vesting anniversary.
Was Wendy Livingston’s JELD-WEN (JELD) Form 4 transaction an open-market purchase?
No, the filing shows a grant classified as a "Grant, award, or other acquisition" with a zero dollar price per share. This indicates a compensation-related award of restricted stock units rather than an open-market share purchase.
What type of security did Wendy Livingston receive from JELD-WEN (JELD) in this award?
She received common stock in the form of restricted stock units. These units convert into common shares as they vest over time, contingent on her remaining employed with JELD-WEN through the specified vesting dates in 2027, 2028, and 2029.