Pediatrix (MD) director receives 7,196 restricted shares in annual equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Starcher John M. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Pediatrix Medical Group director John M. Starcher Jr. received an equity grant of 7,196 shares of common stock as a compensation award. The shares were granted at no cash cost to him and increase his direct holdings to 73,260 shares.
These are restricted shares granted under the company’s Amended and Restated 2008 Incentive Compensation Plan in connection with an annual equity award. The restricted stock is scheduled to fully vest on May 7, 2027, meaning the shares become unrestricted for him on that date if vesting conditions are satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Starcher John M. Jr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,196 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 73,260 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 7,196 shares
Grant price per share: $0.0000 per share
Total shares after grant: 73,260 shares
+1 more
4 metrics
Restricted shares granted
7,196 shares
Annual equity award of common stock
Grant price per share
$0.0000 per share
Stated transaction price for restricted stock grant
Total shares after grant
73,260 shares
Direct holdings following the transaction
Vesting date
May 7, 2027
Date restricted shares are scheduled to vest
Key Terms
Restricted shares, Amended and Restated 2008 Incentive Compensation Plan, annual equity award, vest, +1 more
5 terms
Amended and Restated 2008 Incentive Compensation Plan financial
"granted pursuant to Issuer's Amended and Restated 2008 Incentive Compensation Plan"
annual equity award financial
"Incentive Compensation Plan, in connection with annual equity award."
vest financial
"Shares will vest on May 7, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Pediatrix Medical Group (MD) report for John M. Starcher Jr.?
Pediatrix Medical Group reported that director John M. Starcher Jr. received 7,196 restricted shares of common stock as an annual equity award. The grant was made at no cash cost and is structured as a compensation-related stock award.
What plan governs the restricted stock award reported in this Pediatrix Medical Group (MD) Form 4?
The restricted stock award was granted under Pediatrix Medical Group’s Amended and Restated 2008 Incentive Compensation Plan. This plan governs equity-based compensation, including annual equity awards, for eligible directors, executives, and other participants.
Was the Pediatrix (MD) Form 4 transaction an open-market buy or a compensation grant?
The Form 4 shows a compensation grant, not an open-market purchase. John M. Starcher Jr. acquired 7,196 restricted shares at a stated price of $0.0000 per share as an annual equity award under the company’s incentive compensation plan.