Mount Logan Capital (MLCI) COO awarded 15,269 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mangum Jordan reported acquisition or exercise transactions in this Form 4 filing.
Mount Logan Capital Inc. reported that Chief Operating Officer Jordan Mangum received an equity grant of 15,269 shares of common stock in the form of restricted stock units at a stated price of $0.0000 per share. These units were granted under the 2025 Omnibus Incentive Plan as compensation, not as an open-market purchase.
The restricted stock units will vest in three equal installments on the seven-month, nineteen-month, and thirty-one-month anniversaries of the grant date, encouraging longer-term alignment with shareholders. After this grant, Mangum directly holds 25,269 shares of common stock, including unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mangum Jordan
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 15,269 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 25,269 shares (Direct, null)
Footnotes (1)
- Restricted stock units granted under the 2025 Omnibus Incentive Plan that will vest in three equal installments on the seven-month, nineteen-month, and thirty-one-month anniversaries of the grant date Includes unvested restricted stock units.
Key Figures
RSUs granted: 15,269 shares
Grant price: $0.0000 per share
Total shares after grant: 25,269 shares
+2 more
5 metrics
RSUs granted
15,269 shares
Restricted stock units granted to COO on 2026-06-01
Grant price
$0.0000 per share
Stated transaction price for RSU award
Total shares after grant
25,269 shares
Direct holdings following transaction, including unvested RSUs
Number of vesting installments
3 installments
Equal vesting at 7-, 19-, and 31-month anniversaries
Security type
Common Stock, $0.001 par value
Underlying security for restricted stock units
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, vest, unvested restricted stock units
4 terms
restricted stock units financial
"Restricted stock units granted under the 2025 Omnibus Incentive Plan that will vest in three equal installments"
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.
2025 Omnibus Incentive Plan financial
"Restricted stock units granted under the 2025 Omnibus Incentive Plan that will vest in three equal installments"
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
vest financial
"that will vest in three equal installments on the seven-month, nineteen-month, and thirty-one-month anniversaries"
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.
unvested restricted stock units financial
"Includes unvested restricted stock units."
FAQ
What insider transaction did Mount Logan Capital (MLCI) report for Jordan Mangum?
Mount Logan Capital reported that COO Jordan Mangum received 15,269 restricted stock units of common stock as a compensation grant. The award was recorded at a price of $0.0000 per share and did not involve an open-market purchase or sale.
What is the vesting schedule for Jordan Mangum’s MLCI restricted stock units?
The 15,269 restricted stock units will vest in three equal installments. Vesting occurs on the seven-month, nineteen-month, and thirty-one-month anniversaries of the grant date, creating a staggered schedule that rewards continued service over multiple years.
Under which plan were Jordan Mangum’s Mount Logan Capital RSUs granted?
Jordan Mangum’s restricted stock units were granted under Mount Logan Capital’s 2025 Omnibus Incentive Plan. This plan provides equity-based compensation, and the filing notes that his reported holdings include unvested restricted stock units granted pursuant to this plan.