JELD-WEN (JELD) CEO granted 562,766 restricted stock units as equity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Christensen William reported acquisition or exercise transactions in this Form 4 filing.
JELD-WEN Holding, Inc. reported that CEO and director William Christensen received a grant of 562,766 shares of common stock in the form of restricted stock units at no cash cost per share. These units will vest in three equal annual installments on May 11, 2027, May 11, 2028, and May 11, 2029, subject to his continued employment. Following this equity award, Christensen directly holds 906,316 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Christensen William
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 562,766 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 906,316 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock unit grant: 562,766 shares
Grant price per share: $0.00 per share
Post-transaction holdings: 906,316 shares
+3 more
6 metrics
Restricted stock unit grant
562,766 shares
Equity award to CEO William Christensen on May 11, 2026
Grant price per share
$0.00 per share
Reported transaction price for RSU award
Post-transaction holdings
906,316 shares
CEO’s direct common stock holdings after grant
Vesting date 1
May 11, 2027
First ratable vesting of restricted stock units
Vesting date 2
May 11, 2028
Second ratable vesting of restricted stock units
Vesting date 3
May 11, 2029
Final ratable vesting of restricted stock units
Key Terms
restricted stock units, grant, award, or other acquisition, continued employment
3 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.
grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
continued employment financial
"Subject to the reporting person's continued employment with the issuer, these restricted stock units will vest ratably"
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) disclose about CEO William Christensen in this Form 4?
JELD-WEN disclosed that CEO William Christensen received a grant of 562,766 restricted stock units of common stock. The award is part of his equity compensation and increased his direct holdings to 906,316 common shares after the transaction.
When do the CEO’s JELD-WEN (JELD) restricted stock units vest?
The restricted stock units vest in three equal annual installments on May 11, 2027, May 11, 2028, and May 11, 2029. Vesting is conditioned on William Christensen’s continued employment with JELD-WEN through each applicable vesting date.
What are William Christensen’s JELD-WEN (JELD) holdings after this Form 4 grant?
After the reported grant, William Christensen directly holds 906,316 shares of JELD-WEN common stock. This figure reflects his post-transaction ownership position as reported in the filing and includes the newly awarded restricted stock units.
Was the JELD-WEN (JELD) CEO’s equity transaction an open-market buy or compensation award?
The transaction was a compensation-related award, not an open-market buy. It is coded as a grant or award acquisition with a transaction price of $0.00 per share, indicating it is part of the company’s equity incentive compensation.
What conditions apply to the JELD-WEN (JELD) CEO’s new restricted stock units?
The restricted stock units are subject to a continued employment condition. They will vest ratably on May 11, 2027, May 11, 2028, and May 11, 2029 only if William Christensen remains employed by JELD-WEN through each vesting date.