Corvex director awarded 50,000 MOVE RSUs
DONOFRIO NICHOLAS M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DONOFRIO NICHOLAS M reported acquisition or exercise transactions in this Form 4 filing.
Corvex, Inc. director Nicholas M. Donofrio received an equity grant of 50,000 shares of Common Stock in the form of restricted stock units. The Form 4 shows this as an award transaction with no cash price per share.
The footnote explains these are time-based restricted stock units that vest in three equal annual installments starting from the grant date. Following this grant, Donofrio holds 50,000 shares directly, indicating this is a new equity-based compensation award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of time-based restricted stock units that vest in three equal annual installments from the grant date.
Key Figures
Key Terms
restricted stock units financial
time-based financial
grant, award, or other acquisition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Corvex (MOVE) director Nicholas Donofrio report in this Form 4?
What type of equity award did Nicholas Donofrio receive from Corvex (MOVE)?
Over what period do Nicholas Donofrio’s Corvex (MOVE) restricted stock units vest?
What is Nicholas Donofrio’s direct Corvex (MOVE) ownership after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.