MKS Inc (NASDAQ: MKSI) director receives 781.959 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Moloney Jacqueline F reported acquisition or exercise transactions in this Form 4 filing.
MKS Inc director Jacqueline F. Moloney received an equity award in the form of restricted stock units (RSUs). She was granted 781.959 shares of common stock-equivalent RSUs at no cash cost, increasing her direct holdings to 11,175.156 shares of common stock.
The RSUs will fully vest on the day before the first annual meeting of shareholders following the grant date, or, if no such meeting occurs within 13 months, on the 13‑month anniversary of the grant. Each RSU represents the right to receive one share of MKS Inc common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moloney Jacqueline F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 781.959 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,175.156 shares (Direct, null)
Footnotes (1)
- These restricted stock units become fully vested on the day prior to the first annual meeting of shareholders following the date of grant (or if no such meeting is held within 13 months after the date of grant, on the 13 month anniversary of the date of grant). Each restricted stock unit represents the contingent right to receive one share of common stock of MKS Inc.
Key Figures
RSU grant size: 781.959 shares
Holdings after grant: 11,175.156 shares
Vesting trigger: Day before first annual meeting or 13 months
+1 more
4 metrics
RSU grant size
781.959 shares
Restricted stock units granted to director on the transaction date
Holdings after grant
11,175.156 shares
Total common stock directly held after the RSU award
Vesting trigger
Day before first annual meeting or 13 months
RSUs vest before the next annual shareholder meeting or after 13 months
Grant price
$0.0000 per share
Reported acquisition price for the RSU award
Key Terms
restricted stock units, annual meeting of shareholders, contingent right, common stock
4 terms
restricted stock units financial
"These restricted stock units become fully vested on the day prior to the first annual meeting of shareholders…"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents the contingent right to receive one share of common stock…"
common stock financial
"Each restricted stock unit represents the contingent right to receive one share of common stock of MKS Inc."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did MKS Inc (MKSI) report for Jacqueline F. Moloney?
MKS Inc reported that director Jacqueline F. Moloney received 781.959 restricted stock units. These RSUs are an equity award, not an open-market purchase or sale, and increase her direct common stock holdings to 11,175.156 shares after the grant.
What are the vesting terms of Jacqueline F. Moloney’s MKS Inc restricted stock units?
The restricted stock units vest fully the day before the first annual shareholder meeting after the grant. If no such meeting occurs within 13 months, they vest on the 13‑month anniversary of the grant, according to the Form 4 footnotes.
What does each restricted stock unit represent in the MKS Inc (MKSI) Form 4?
Each restricted stock unit represents a contingent right to receive one share of MKS Inc common stock. Once the vesting conditions are met, the RSUs convert into common shares on a one‑for‑one basis, as specified in the Form 4 footnotes.
Was the MKS Inc transaction a market buy or sell by Jacqueline F. Moloney?
The transaction was not a market buy or sell. It was a grant of 781.959 restricted stock units to director Jacqueline F. Moloney as compensation, with zero purchase price per share reported in the filing.