Equity grants boost holdings of ManpowerGroup (MAN) strategy chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ManpowerGroup Inc. reported that President & Chief Strategy Officer Rebecca Frankiewicz acquired equity awards as part of her compensation. She received 38,381 restricted stock units, which will vest 100% on February 13, 2029 and be settled in ManpowerGroup common stock on a 1-for-1 basis. She was also awarded 2,032 shares of common stock, bringing her directly owned common stock holdings to 16,719.304 shares. A footnote also references the vesting of performance share units originally granted in 2023 under the company’s equity incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Frankiewicz Rebecca
Role
President & Chief Strategy Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 38,381 | $0.00 | -- |
| Grant/Award | Common Stock | 2,032 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 38,381 shares (Direct);
Common Stock — 16,719.304 shares (Direct)
Footnotes (1)
- Vesting of performance share units granted in 2023 (which were not derivative securities received under the Company's 2011 Equity Incentive Plan, exempt under Rule 16b-3). Award of restricted stock units under the 2011 Equity Incentive Plan of the Company. The restricted stock units will vest 100% on February 13, 2029 and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis.
FAQ
What insider transactions did ManpowerGroup (MAN) disclose for Rebecca Frankiewicz?
ManpowerGroup reported that Rebecca Frankiewicz received equity awards, including 38,381 restricted stock units and 2,032 shares of common stock. These awards increased her directly owned common stock position to 16,719.304 shares, reflecting compensation rather than an open-market stock purchase or sale.
How many restricted stock units were granted to ManpowerGroup executive Rebecca Frankiewicz?
Rebecca Frankiewicz was granted 38,381 restricted stock units under ManpowerGroup’s 2011 Equity Incentive Plan. According to the disclosure, these units will vest in full on February 13, 2029 and will be settled in ManpowerGroup common stock on a 1-for-1 basis at that time.
When will the new ManpowerGroup (MAN) restricted stock units vest for Rebecca Frankiewicz?
The restricted stock units granted to Rebecca Frankiewicz will vest 100% on February 13, 2029. After vesting, they will be settled in shares of ManpowerGroup common stock on a 1-for-1 basis, aligning long-term incentives with the company’s future performance and share value.
What is the nature of the Form 4 transactions for ManpowerGroup (MAN)?
The Form 4 transactions are classified as acquisitions related to grants or awards, not market purchases or sales. Both the restricted stock units and the common shares were awarded with a transaction code “A,” indicating grants under ManpowerGroup’s equity incentive arrangements for its executive.