Lanvin Group (LANV) director reports RSUs and indirect share stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Lanvin Group Holdings Ltd director Garber Mitchell Alan filed an initial ownership report showing only indirect holdings. He is linked to 114,427 restricted stock units tied to ordinary shares held by Brilliant Fashion Holdings Limited, with portions vesting through December 2028, and 421,912 ordinary shares held via Stephenson Management Inc., a holding company owned by him and his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Garber Mitchell Alan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 114,427 shares (Indirect, By Brilliant Fashion Holdings Limited)
Footnotes (1)
- Represents restricted stock units ("RSUs"), each of which corresponds to the economic interest in one ordinary share of the Registrant that is directly held by Brilliant Fashion Holdings Limited, the settlor of Registrant's employee incentive award plan trust. Of the RSUs, 41,291 have vested; subject to the vesting conditions set forth in the Independent Non-Executive Director Agreement and Restricted Stock Unit Agreement between the Registrant and the Reporting Person, 34,130 will vest on December 14, 2026, 19,503 will vest on December 14, 2027, and 19,503 will vest on December 14, 2028. Represents ordinary shares held by Stephenson Management Inc., a holding company wholly-owned by the Reporting Person and his spouse.
Key Figures
RSUs linked to ordinary shares: 114,427 RSUs
Vested RSUs: 41,291 RSUs
RSUs vesting on December 14, 2026: 34,130 RSUs
+3 more
6 metrics
RSUs linked to ordinary shares
114,427 RSUs
Indirectly held via Brilliant Fashion Holdings Limited
Vested RSUs
41,291 RSUs
Already vested as of the Form 3 disclosure
RSUs vesting on December 14, 2026
34,130 RSUs
Subject to Independent Non-Executive Director Agreement conditions
RSUs vesting on December 14, 2027
19,503 RSUs
Future vesting tranche under RSU agreement
RSUs vesting on December 14, 2028
19,503 RSUs
Final disclosed vesting tranche under RSU agreement
Ordinary shares via Stephenson Management Inc.
421,912 shares
Indirectly held by a holding company wholly-owned by the director and spouse
Key Terms
restricted stock units ("RSUs"), employee incentive award plan trust, Independent Non-Executive Director Agreement, Restricted Stock Unit Agreement, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs"), each of which corresponds to the economic interest"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
employee incentive award plan trust financial
"directly held by Brilliant Fashion Holdings Limited, the settlor of Registrant's employee incentive award plan trust"
Independent Non-Executive Director Agreement financial
"subject to the vesting conditions set forth in the Independent Non-Executive Director Agreement and Restricted Stock Unit Agreement"
Restricted Stock Unit Agreement financial
"Independent Non-Executive Director Agreement and Restricted Stock Unit Agreement between the Registrant and the Reporting Person"
A restricted stock unit agreement is a written contract between a company and an individual that describes a promise to deliver company shares or cash later, subject to conditions such as time-based vesting or performance targets. Think of it like a timed gift: the recipient only receives the shares if they meet the agreed conditions. Investors care because these agreements create future share issuance, affect potential dilution, corporate expenses and incentives for insiders, and influence when insiders may sell shares.
holding company financial
"Represents ordinary shares held by Stephenson Management Inc., a holding company wholly-owned"
A holding company is an organization that owns enough shares of other businesses to control them but usually does not run their day-to-day operations. Think of it as an umbrella or parent that lets investors gain exposure to several companies through one vehicle; its value depends on the performance, risks, dividends and debts of the companies it holds, so it matters for assessing diversification, control and consolidated financial health.
FAQ
What does Lanvin Group (LANV) director Garber Mitchell Alan report in this Form 3?
He reports only existing indirect ownership, not new trades. Holdings include restricted stock units linked to Lanvin Group ordinary shares and additional ordinary shares held through a family-owned holding company structure, reflecting his economic interest and governance role without indicating recent buying or selling activity.
How many Lanvin Group RSUs are associated with Garber Mitchell Alan on this Form 3?
He is associated with 114,427 restricted stock units, each tied to one ordinary share. These RSUs are held by Brilliant Fashion Holdings Limited under an employee incentive award plan trust and vest in stages through 2028, reflecting long-term, equity-based compensation as an independent non-executive director.
What portion of Garber Mitchell Alan’s Lanvin Group RSUs have already vested?
The filing states that 41,291 restricted stock units have vested. Additional RSUs are scheduled to vest in later years, subject to conditions in his Independent Non-Executive Director Agreement and Restricted Stock Unit Agreement, providing a staggered equity vesting structure tied to ongoing service.
What future vesting schedule is disclosed for Garber Mitchell Alan’s Lanvin Group RSUs?
Subject to vesting conditions, 34,130 RSUs will vest on December 14, 2026, 19,503 on December 14, 2027, and another 19,503 on December 14, 2028. This schedule outlines multi-year equity compensation aligned with his continued role as an independent non-executive director at Lanvin Group.
Are Garber Mitchell Alan’s Lanvin Group holdings direct or indirect according to the Form 3?
All reported positions are indirect. RSUs correspond to ordinary shares held by Brilliant Fashion Holdings Limited, acting as settlor of an employee incentive award plan trust, while additional ordinary shares are held by Stephenson Management Inc., a holding company wholly-owned by him and his spouse.