JELD-WEN Holding (NYSE: JELD) awards 140,319 RSUs to Europe EVP
Rhea-AI Filing Summary
Michel Christian reported acquisition or exercise transactions in this Form 4 filing.
JELD-WEN Holding, Inc. granted EVP & President, Europe Michel Christian an award of 140,319 restricted stock units tied to its common stock on June 8, 2026. Subject to his continued employment, the RSUs will vest in three equal installments on June 8, 2027, June 8, 2028 and June 8, 2029. The company notes this Form 4 was filed late due to an inadvertent administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 140,319 shares
Net Buy
1 txn
Insider
Michel Christian
Role
EVP & President, Europe
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 140,319 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 140,319 shares (Direct)
Footnotes (1)
- F1. The reported transaction is an award of restricted stock units in respect of the issuer's common stock. Subject to the reporting person's continued employment with the issuer, these restricted stock units will vest ratably on June 8, 2027, June 8, 2028 and June 8, 2029.
Key Figures
Restricted stock units granted: 140,319 units
Grant price per share: $0.0000 per share
Shares owned after grant: 140,319 shares
+3 more
6 metrics
Restricted stock units granted
140,319 units
Award to EVP & President, Europe on June 8, 2026
Grant price per share
$0.0000 per share
Compensation-related award of restricted stock units
Shares owned after grant
140,319 shares
Direct common stock holdings following the reported transaction
First vesting date
June 8, 2027
First one-third of restricted stock units vest, subject to continued employment
Second vesting date
June 8, 2028
Second one-third of restricted stock units vest, subject to continued employment
Final vesting date
June 8, 2029
Final one-third of restricted stock units vest, subject to continued employment
Key Terms
restricted stock units, continued employment, inadvertent administrative error
3 terms
restricted stock units financial
"reported transaction is an award of restricted stock units in respect of the issuer's common stock"
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.
continued employment financial
"Subject to the reporting person's continued employment with the issuer, these restricted stock units will vest"
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.
inadvertent administrative error financial
"This Form is being filed late solely due to inadvertent administrative error."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did JELD-WEN (JELD) report for Michel Christian?
JELD-WEN reported that EVP & President, Europe Michel Christian received an award of 140,319 restricted stock units tied to common stock on June 8, 2026. The grant price was $0.0000 per share, reflecting a compensation award rather than a market purchase.
When do Michel Christian's JELD (JELD) restricted stock units vest?
The award vests in three equal installments subject to continued employment. The restricted stock units vest ratably on June 8, 2027, June 8, 2028 and June 8, 2029, aligning vesting with a three-year service period.
Was the Michel Christian Form 4 for JELD (JELD) filed late?
Yes. The Form 4 explicitly states it is being filed late solely due to inadvertent administrative error. This indicates the reporting delay was attributed to an administrative oversight rather than to the timing of the underlying equity award itself.
Is Michel Christian's JELD (JELD) equity award reported under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, meaning the transaction is not reported as occurring under a Rule 10b5-1 trading plan. It is characterized as a grant or award of restricted stock units, not an open-market trade.