Director at Lincoln Electric (LECO) awarded 688 common shares as RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LINCOLN ELECTRIC HOLDINGS INC director Benny Purushotam Patel received a stock-based compensation award. On this Form 4, Patel acquired 688 common shares at a price of $0.00 per share pursuant to a restricted stock unit award. Following this grant, he directly owns 8,567 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Benny Purushotam Patel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 688 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 8,567 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 688 shares
Grant price: $0.00 per share
Shares owned after grant: 8,567 shares
3 metrics
Shares granted
688 shares
Common shares acquired via restricted stock unit award
Grant price
$0.00 per share
Price for 688-share grant under RSU award
Shares owned after grant
8,567 shares
Total direct common share holdings following RSU grant
Key Terms
restricted stock unit award, Grant, award, or other acquisition, Form 4, Common Shares
4 terms
restricted stock unit award financial
"Pursuant to restricted stock unit award."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.