ManpowerGroup (MAN) awards 22,331 restricted stock units to chief officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ManpowerGroup Inc. reported that Chief People & Legal Officer Michelle Nettles acquired 22,331 restricted stock units as an equity award. These units were granted at a price of $0.00 per unit and represent a form of stock-based compensation.
The restricted stock units will vest 100% on February 13, 2029 and will then be settled in an equal number of ManpowerGroup common shares on a 1-for-1 basis. Following this grant, Nettles directly holds 22,331 restricted stock units, aligning a portion of her compensation with the company’s future share performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nettles Michelle
Role
Chief People & Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 22,331 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 22,331 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ManpowerGroup (MAN) report for Michelle Nettles?
ManpowerGroup reported that Chief People & Legal Officer Michelle Nettles received an award of 22,331 restricted stock units. This equity grant was made at a price of $0.00 per unit and is part of her stock-based compensation under the company’s 2011 Equity Incentive Plan.
How many restricted stock units did Michelle Nettles acquire in the latest MAN filing?
Michelle Nettles acquired 22,331 restricted stock units in the latest ManpowerGroup insider transaction. These units increase her direct equity-based holdings and will convert into an equal number of ManpowerGroup common shares after vesting, tying part of her compensation to long-term share performance.
When do Michelle Nettles’ ManpowerGroup restricted stock units vest?
The restricted stock units granted to Michelle Nettles vest 100% on February 13, 2029. On that date, the units will become fully earned, and she will be entitled to receive ManpowerGroup common shares on a 1-for-1 basis for each vested unit.
What is the settlement ratio for Michelle Nettles’ ManpowerGroup restricted stock units?
Each restricted stock unit awarded to Michelle Nettles will be settled in one share of ManpowerGroup common stock. The filing specifies a 1-for-1 settlement ratio, meaning 22,331 restricted stock units correspond to 22,331 common shares once the award fully vests in 2029.
Does Michelle Nettles hold these ManpowerGroup restricted stock units directly or indirectly?
Michelle Nettles holds the 22,331 restricted stock units directly, as indicated by the direct ownership code in the filing. There is no disclosure that these units are owned through a separate entity, trust, or other indirect ownership structure in this transaction.
Under which plan were Michelle Nettles’ ManpowerGroup restricted stock units granted?
The 22,331 restricted stock units awarded to Michelle Nettles were granted under ManpowerGroup’s 2011 Equity Incentive Plan. This plan provides stock-based compensation to executives and aligns their interests with shareholders through long-term equity awards that vest over time.