Montauk Renewables (MNTK) COO receives 282,842 RSUs, boosting holdings to 477,387 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shaw James A reported acquisition or exercise transactions in this Form 4 filing.
Montauk Renewables, Inc.’s Chief Operating Officer James A. Shaw received a grant of 282,842 Restricted Stock Units (RSUs) settled in common stock. The RSUs vest in equal portions on the third, fourth, and fifth anniversaries of the grant date, encouraging longer-term retention. After this grant, Shaw holds 477,387 shares of common stock, including these RSUs, directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shaw James A
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 282,842 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 477,387 shares (Direct, null)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs"). The grant of RSUs shall vest ratably on the third, fourth and fifth anniversary of date of grant. Each RSU is settled solely for one share of Common Stock. Includes 282,842 RSUs.
Key Figures
RSUs granted: 282,842 RSUs
Post-grant holdings: 477,387 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSUs granted
282,842 RSUs
Award of Restricted Stock Units to COO James A. Shaw
Post-grant holdings
477,387 shares
Total common stock held directly after the RSU grant
Grant price per share
$0.0000 per share
Reported price per share for the RSU grant
Vesting schedule
Years 3, 4, and 5
RSUs vest ratably on the third, fourth, and fifth anniversaries
Security type
Common Stock
Underlying security for each RSU granted to the COO
Key Terms
Restricted Stock Units ("RSUs"), vest ratably, Common Stock, grant, award, or other acquisition
4 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs"). The grant of RSUs shall vest ratably..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest ratably financial
"The grant of RSUs shall vest ratably on the third, fourth and fifth anniversary..."
Common Stock financial
"Each RSU is settled solely for one share of Common Stock."
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Montauk Renewables (MNTK) report for James A. Shaw?
Montauk Renewables granted Chief Operating Officer James A. Shaw 282,842 Restricted Stock Units (RSUs). These RSUs convert into common stock on vesting and increase his direct holdings to 477,387 shares, aligning his interests more closely with shareholders over time.
How do the new RSUs granted to Montauk Renewables’ COO vest over time?
The 282,842 Montauk Renewables RSUs granted to Chief Operating Officer James A. Shaw vest ratably on the third, fourth, and fifth anniversaries of the grant date. Each vested RSU will be settled solely for one share of the company’s common stock.
Are the Montauk Renewables RSUs granted to James A. Shaw settled in cash or stock?
The RSUs granted to James A. Shaw are settled solely in Montauk Renewables common stock. Each Restricted Stock Unit converts into one share of common stock upon vesting, directly tying a portion of his compensation to the company’s equity performance.
Does the Montauk Renewables COO’s recent transaction involve an open-market stock purchase or sale?
The recent transaction for Montauk Renewables’ COO is a grant of 282,842 RSUs, not an open-market purchase or sale. It is classified as a grant or award acquisition and reflects equity-based compensation rather than discretionary trading activity in the market.