JELD-WEN Holding (JELD) EVP awarded 127,388 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hayes James S reported acquisition or exercise transactions in this Form 4 filing.
JELD-WEN Holding, Inc. reported that EVP, General Counsel and Corporate Secretary James S. Hayes received a grant of 127,388 shares of common stock in the form of restricted stock units at no cost. These units vest in three equal installments on May 11, 2027, May 11, 2028, and May 11, 2029, subject to his continued employment. Following this grant, he directly holds 212,639 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hayes James S
Role
EVP, GC & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 127,388 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 212,639 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 127,388 shares
Grant price: $0.00 per share
Post-transaction holdings: 212,639 shares
+3 more
6 metrics
RSU grant size
127,388 shares
Restricted stock units granted to James S. Hayes
Grant price
$0.00 per share
Compensation award, not market purchase
Post-transaction holdings
212,639 shares
Direct JELD-WEN common stock held by Hayes after grant
Vesting date 1
May 11, 2027
First one-third of RSUs vest, subject to continued employment
Vesting date 2
May 11, 2028
Second one-third of RSUs vest, subject to continued employment
Vesting date 3
May 11, 2029
Final one-third of RSUs vest, subject to continued employment
Key Terms
restricted stock units, vest ratably, Grant, award, or other acquisition, Form 4
4 terms
restricted stock units financial
"these restricted stock units will vest ratably on May 11, 2027, May 11, 2028, and May 11, 2029"
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
"these restricted stock units 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""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did JELD-WEN (JELD) report for James S. Hayes?
JELD-WEN reported that James S. Hayes received a grant of 127,388 restricted stock units. These units represent common stock awarded as compensation and were granted at no cost, increasing his direct holdings to 212,639 shares after the transaction.
When do the 127,388 JELD-WEN restricted stock units granted to James S. Hayes vest?
The 127,388 restricted stock units vest ratably on May 11, 2027, May 11, 2028, and May 11, 2029. Vesting is conditioned on James S. Hayes remaining employed with JELD-WEN through each applicable vesting date, according to the Form 4 footnote.
Is the JELD-WEN Form 4 transaction for James S. Hayes a market purchase or a compensation award?
The transaction is a compensation award, not a market purchase. James S. Hayes received 127,388 restricted stock units at a price of $0.00 per share, characterized in the filing as a grant or award acquisition, typical of executive equity compensation.
What role does James S. Hayes hold at JELD-WEN in this Form 4 filing?
James S. Hayes is listed as Executive Vice President, General Counsel and Corporate Secretary. His position is noted in the Form 4, and the reported transaction reflects equity compensation associated with his senior leadership role at JELD-WEN Holding, Inc.