JELD-WEN (JELD) director awarded 38,216 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Michael F reported acquisition or exercise transactions in this Form 4 filing.
JELD-WEN Holding, Inc. director Michael F. Hilton received an equity grant in the form of restricted stock units tied to the company’s common stock. The award covers 38,216 shares at no purchase price and is compensation-related rather than an open-market transaction.
These restricted stock units are scheduled to vest on May 11, 2027, meaning the shares are earned over time and depend on continued service or other vesting conditions. After this grant, Hilton’s reported direct holdings in JELD-WEN common stock total 89,695 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hilton Michael F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 38,216 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 89,695 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 38,216 shares
Grant price per share: $0.00 per share
Holdings after grant: 89,695 shares
+1 more
4 metrics
RSU grant size
38,216 shares
Restricted stock units of common stock granted to director
Grant price per share
$0.00 per share
Equity compensation grant, no purchase price
Holdings after grant
89,695 shares
Total direct JELD-WEN common stock reported post-transaction
RSU vesting date
May 11, 2027
Scheduled vesting of restricted stock units
Key Terms
restricted stock units, Grant, award, or other acquisition, Common Stock
3 terms
restricted stock units financial
"Grant of restricted stock units in respect of the issuer's common stock, which shall vest 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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did JELD-WEN (JELD) director Michael F. Hilton report?
Michael F. Hilton reported receiving a grant of 38,216 restricted stock units of JELD-WEN common stock. The grant is compensation-related, carries no purchase price, and increases his direct reported holdings to 89,695 shares after the transaction.
When do Michael F. Hilton’s new JELD-WEN (JELD) restricted stock units vest?
The restricted stock units granted to Michael F. Hilton are scheduled to vest on May 11, 2027. Vesting means the units convert into actual shares of JELD-WEN common stock, generally contingent on continued service or meeting any specified conditions.
What are Michael F. Hilton’s total JELD-WEN (JELD) holdings after this Form 4 grant?
Following this grant, Michael F. Hilton is reported to hold 89,695 shares of JELD-WEN common stock directly. This figure includes the impact of the 38,216 restricted stock units award disclosed in the Form 4 insider transaction report.
Was Michael F. Hilton’s JELD-WEN (JELD) transaction a market purchase or sale?
The transaction was not a market purchase or sale. It was a Form 4 code "A" grant of 38,216 restricted stock units at a price of $0.00 per share, reflecting equity compensation granted by JELD-WEN rather than an open-market trade.