Mount Logan (MLCI) director receives 57,554 RSUs under 2025 incentive plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westwood Matthew Joseph reported acquisition or exercise transactions in this Form 4 filing.
Mount Logan Capital Inc. director Matthew Joseph Westwood reported an equity compensation grant of 57,554 shares of common stock. These were awarded at a stated price of $0.00 per share as restricted stock units under the 2025 Omnibus Incentive Plan and will vest in full on the first anniversary of the grant date. Following this award, he holds 57,554 shares directly, which includes unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Westwood Matthew Joseph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 57,554 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 57,554 shares (Direct, null)
Footnotes (1)
- RSUs granted under the 2025 Omnibus Incentive Plan that will vest in full on the first anniversary of the grant date. Includes unvested restricted stock units.
Key Figures
RSU grant size: 57,554 shares
Grant price: $0.00 per share
Holdings after grant: 57,554 shares
3 metrics
RSU grant size
57,554 shares
Restricted stock units awarded to director on grant date
Grant price
$0.00 per share
Stated price for RSU award
Holdings after grant
57,554 shares
Total direct holdings including unvested RSUs following transaction
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, grant, award, or other acquisition
3 terms
restricted stock units financial
"Includes unvested restricted stock units."
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
"RSUs granted under the 2025 Omnibus Incentive Plan that will vest in full"
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Mount Logan Capital (MLCI) report for Matthew Joseph Westwood?
Mount Logan Capital reported that director Matthew Joseph Westwood received a grant of 57,554 shares of common stock as restricted stock units. The award was recorded at a price of $0.00 per share and represents equity-based compensation rather than an open-market purchase.
What type of equity award did Mount Logan Capital (MLCI) grant in this Form 4 filing?
The filing shows a grant of restricted stock units representing 57,554 shares of common stock. These RSUs were issued at a stated price of $0.00 per share as a compensation award, rather than a cash purchase on the open market.
When will the restricted stock units granted to the Mount Logan Capital (MLCI) director vest?
The restricted stock units granted to director Matthew Joseph Westwood will vest in full on the first anniversary of the grant date. Until vesting, they remain unvested RSUs but are included in his reported direct holdings in the Form 4.
Under which plan were the Mount Logan Capital (MLCI) RSUs granted to the director?
The 57,554 restricted stock units were granted under Mount Logan Capital’s 2025 Omnibus Incentive Plan. This plan is used to provide equity-based compensation, aligning director and executive interests with long-term shareholder value through share-based awards.