Kewaunee Scientific grants 2,635 RSUs to SVP
Ranade Mandar reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Ranade Mandar reported acquisition or exercise transactions in this Form 4 filing.
Kewaunee Scientific senior vice president of IT & Engineering Mandar Ranade received a grant of 2,635 restricted stock units tied to the company’s common stock. Each unit represents a right to one share. The award will vest in three equal annual installments beginning on June 30, 2027, contingent on continued employment.
Insider Trade Summary
Grant/Award: 2,635 shares
Grant/Award
1 txn
Insider
Ranade Mandar
Role
SVP, IT & Engineering
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units FY27 | 2,635 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units FY27 — 2,635 contracts (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- F2. The restricted stock units shall vest in three equal annual installments beginning June 30, 2027, subject to the reporting person's continued employment with the Company.
Key Figures
RSU grant size: 2,635 units
Exercise/conversion price: $0.00 per unit
Underlying shares: 2,635 shares
+2 more
5 metrics
RSU grant size
2,635 units
Restricted Stock Units FY27 granted to SVP Mandar Ranade
Exercise/conversion price
$0.00 per unit
Restricted stock units granted at no cash exercise price
Underlying shares
2,635 shares
Each RSU represents one share of common stock
Post-transaction RSUs
2,635 units
Total restricted stock units held after the grant
Vesting start date
June 30, 2027
First of three equal annual vesting installments
Key Terms
Restricted Stock Units, contingent right, vest, grant/award acquisition
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Company'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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Company's common stock."
vest financial
"The restricted stock units shall vest in three equal annual installments beginning June 30, 2027, subject to the reporting person's continued employment with the Company."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Kewaunee Scientific (KEQU) report for Mandar Ranade?
Kewaunee Scientific reported that SVP Mandar Ranade received 2,635 restricted stock units. These units are a form of equity compensation that may convert into common shares if vesting conditions, primarily continued employment, are satisfied over time.
How many restricted stock units did KEQU grant to Mandar Ranade?
Mandar Ranade received a grant of 2,635 restricted stock units. Each unit represents a contingent right to receive one share of Kewaunee Scientific’s common stock if the vesting schedule and employment conditions are met in future years.
What does each restricted stock unit represent for KEQU insiders?
Each restricted stock unit granted to the KEQU executive represents a contingent right to receive one share of common stock. The units do not become actual shares until they vest, aligning executive compensation with the company’s long-term performance and retention goals.
When will Mandar Ranade’s KEQU restricted stock units vest?
The 2,635 restricted stock units granted to Mandar Ranade will vest in three equal annual installments starting on June 30, 2027. Vesting is conditioned on his continued employment with Kewaunee Scientific through each vesting date under the award’s terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
