Mount Logan Capital (MLCI) CEO receives 73,799-share RSU grant under 2025 plan
Rhea-AI Filing Summary
Goldthorpe Edward J. reported acquisition or exercise transactions in this Form 4 filing.
Mount Logan Capital Inc. Chief Executive Officer Edward J. Goldthorpe received an equity award of 73,799 shares of common stock in the form of restricted stock units at a price of $0.00 per share. These units were granted under the 2025 Omnibus Incentive Plan and will vest in three equal installments on the seven-month, nineteen-month, and thirty-one-month anniversaries of the grant date. Following this award, Goldthorpe directly holds 289,369 shares of common stock, which includes unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 73,799 | $0.00 | -- |
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
Key Terms
restricted stock units financial
2025 Omnibus Incentive Plan financial
vest financial
unvested restricted stock units financial
FAQ
What insider transaction did Mount Logan Capital (MLCI) report on this Form 4?
Mount Logan Capital reported that CEO Edward J. Goldthorpe received a grant of 73,799 restricted stock units. The award is a stock-based compensation grant at $0.00 per share and increases his total direct holdings, including unvested units, to 289,369 shares.
What is the vesting schedule for the 73,799 restricted stock units at Mount Logan Capital (MLCI)?
The 73,799 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, tying receipt of shares to continued service over this multi-year period.
Was there any cash consideration for the Mount Logan Capital (MLCI) restricted stock unit grant?
No cash consideration was paid for the grant; the reported price was $0.00 per share. This confirms the transaction is a stock-based compensation award rather than an open-market purchase of Mount Logan Capital shares.
Under which plan were the Mount Logan Capital (MLCI) restricted stock units granted to the CEO?
The restricted stock units were granted under Mount Logan Capital’s 2025 Omnibus Incentive Plan. This plan provides equity-based awards, such as restricted stock units, designed to align executive compensation with shareholder interests over time.