Montrose Environmental (MEG) COO receives 18,761-share RSU stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Montrose Environmental Group Chief Operating Officer James Laws received a grant of 18,761 shares of common stock as an equity award. The shares were granted at no cash cost to him, reflecting stock-based compensation rather than an open-market purchase or sale.
According to the terms, the grant consists of restricted stock units that convert into one share of common stock each. One-third of the units will vest on each anniversary of the grant date as long as he remains in continuous service, which ties part of his compensation to long-term employment and the company’s share value.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Laws James
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,761 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,761 shares (Direct)
Footnotes (1)
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FAQ
What did Montrose Environmental Group (MEG) COO James Laws report on this Form 4?
James Laws reported receiving an equity award of 18,761 shares of Montrose Environmental Group common stock. The award is structured as restricted stock units that convert into shares over time, rather than an open-market stock purchase or sale transaction.
How do the COO’s restricted stock units in MEG vest over time?
The restricted stock units granted to the COO vest in three equal installments. One-third of the units vest on each anniversary of the grant date, provided he continues in service, aligning the award with multi-year employment and company performance incentives.
What is the COO’s reported ownership after this MEG Form 4 transaction?
After the reported transaction, the COO’s Form 4 shows ownership of 18,761 shares of Montrose Environmental Group common stock. This reflects the newly granted restricted stock units that will convert into shares as they vest under the award’s service-based vesting schedule.