Lithia Motors director granted 715 RSUs
Miramontes Louis reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Miramontes Louis reported acquisition or exercise transactions in this Form 4 filing.
LITHIA MOTORS INC director Louis Miramontes reported an equity award of 715 shares of common stock in the form of restricted stock units. The award was recorded at no cash price per share and represents compensation rather than a market purchase.
Each restricted stock unit represents a contingent right to receive one share of common stock. After this grant, Miramontes directly holds 6,394 shares of Lithia Motors Inc common stock, according to the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Lithia Motors Inc Common Stock | 715 | $0.00 | $0.00 |
Footnotes (1)
- F1. Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
Form 4 regulatory
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LITHIA MOTORS INC (LAD) report for Louis Miramontes?
Is the Louis Miramontes Form 4 transaction in LAD a market buy or a compensation grant?
What do the restricted stock units granted in the LAD Form 4 represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.