KVH Industries (NASDAQ: KVHI) awards 12,548-share grant to director
Rhea-AI Filing Summary
KVH INDUSTRIES INC (KVHI) reported that director Joseph Anthony Spytek acquired 12,548 shares of common stock as a restricted stock grant for service on the board and its committees under the company’s amended and restated 2016 Equity & Incentive Plan. Following this grant, he directly holds 30,548 shares. The restricted stock will vest in four installments on 11/20/2026, 2/20/2027, 5/20/2027, and 8/20/2027, if he remains a board member.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 12,548 shares
Net Buy
1 txn
Insider
Spytek Joseph Anthony
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 12,548 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 30,548 shares (Direct)
Footnotes (1)
- F1. Restricted stock grant for participation on KVH's board of directors (including various committee positions) issued pursuant to the terms & conditions of KVH Industries' amended and restated 2016 Equity & Incentive Plan. Restricted stock will vest in four installments on each of 11/20/2026, 2/20/2027, 5/20/2027, 8/20/2027, provided Mr. Spytek is still a board member of KVH Industries, Inc.
Key Figures
Restricted stock grant: 12,548 shares of Common Stock
Shares owned after transaction: 30,548 shares
Transaction price per share: $0.00 per share
+1 more
4 metrics
Restricted stock grant
12,548 shares of Common Stock
Award for board and committee service on 2026-08-20
Shares owned after transaction
30,548 shares
Direct ownership following the restricted stock grant
Transaction price per share
$0.00 per share
Restricted stock grant, non-market award
Vesting dates
11/20/2026; 2/20/2027; 5/20/2027; 8/20/2027
Restricted stock vests in four installments if he remains a board member
Key Terms
Restricted stock, amended and restated 2016 Equity & Incentive Plan, vesting
3 terms
Restricted stock financial
"Restricted stock grant for participation on KVH's board of directors"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
amended and restated 2016 Equity & Incentive Plan financial
"issued pursuant to the terms & conditions of KVH Industries' amended"
vesting financial
"Restricted stock will vest in four installments on each of 11/20/2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did KVHI report for Joseph Anthony Spytek?
KVH INDUSTRIES INC reported that director Joseph Anthony Spytek received a restricted stock grant of 12,548 KVHI common shares on 2026-08-20 for his board and committee service under the amended and restated 2016 Equity & Incentive Plan.
What type of equity award did KVHI grant to director Joseph Anthony Spytek?
KVH INDUSTRIES INC granted Joseph Anthony Spytek restricted stock totaling 12,548 shares of common stock for his participation on the board of directors and various board committees.
When will Joseph Anthony Spytek’s KVHI restricted stock vest?
The restricted stock granted to Joseph Anthony Spytek will vest in four installments on 11/20/2026, 2/20/2027, 5/20/2027, and 8/20/2027, provided he continues to serve as a board member of KVH Industries, Inc.
Was the KVHI restricted stock grant to Joseph Anthony Spytek a market purchase or sale?
No. The Form 4 describes the transaction code as J (other acquisition or disposition) and a restricted stock grant with a per-share price of $0.00, indicating it is an award for board service rather than a market trade.
Is Joseph Anthony Spytek’s KVHI restricted stock grant tied to continued board service?
Yes. The footnote states that the restricted stock will vest on scheduled dates through 2027 provided Mr. Spytek is still a board member of KVH Industries, Inc. on each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.