Millrose director granted 5,639 RSUs in stock award
Lynch Kathleen B. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lynch Kathleen B. reported acquisition or exercise transactions in this Form 4 filing.
Millrose Properties, Inc. reported that director Kathleen B. Lynch received an equity award in the form of 5,639 restricted stock units (RSUs) of Class A Common Stock under the company’s 2024 Omnibus Incentive Plan. The award carries no purchase price and is compensation-related, not an open-market trade.
The RSUs will vest into shares of Class A Common Stock on a 1-for-1 basis upon the earlier of the first anniversary of the May 13, 2026 grant date or the next annual stockholder meeting, subject to her continued service as a director. After this grant, Lynch directly holds 21,600 shares of Class A Common Stock.
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Insider Trade Summary
Grant/Award: 5,639 shares
Grant/Award
1 txn
Insider
Lynch Kathleen B.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,639 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 21,600 shares (Direct)
Footnotes (1)
- F1. On May 13, 2026, Millrose Properties, Inc. (the "Issuer") granted 5,639 restricted stock units ("RSUs") to the reporting person under the Issuer's 2024 Omnibus Incentive Plan. Such RSUs will vest into shares of Class A Common Stock of the Issuer on a 1-for-1 basis upon the earlier of (i) the first anniversary of the date of the grant and (ii) the date of the Issuer's annual stockholder meeting that next follows the date of the grant, subject to the reporting person's continuous service as a director of the Issuer from the date of the grant through the vesting date.
Key Figures
RSUs granted: 5,639 RSUs
Grant price per share: $0.00 per share
Shares after transaction: 21,600 shares
+2 more
5 metrics
RSUs granted
5,639 RSUs
Equity award on May 13, 2026
Grant price per share
$0.00 per share
Compensation grant, not a purchase
Shares after transaction
21,600 shares
Direct holdings following RSU-related acquisition entry
Vesting basis
1-for-1 into Class A
Each RSU converts into one share upon vesting
Vesting trigger
Earlier of 1 year or next annual meeting
Subject to continuous director service from grant date
Key Terms
restricted stock units, 2024 Omnibus Incentive Plan, vest, Class A Common Stock
4 terms
restricted stock units financial
"granted 5,639 restricted stock units ("RSUs") to the reporting person"
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.
2024 Omnibus Incentive Plan financial
"under the Issuer's 2024 Omnibus Incentive Plan"
vest financial
"Such RSUs will vest into shares of Class A Common Stock"
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.
Class A Common Stock financial
"vest into shares of Class A Common Stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Millrose Properties (MRP) disclose about director Kathleen B. Lynch’s recent equity award?
Millrose Properties disclosed that director Kathleen B. Lynch received 5,639 restricted stock units (RSUs) of Class A Common Stock as a compensation grant under the 2024 Omnibus Incentive Plan, rather than buying shares in the open market.
How many Millrose Properties (MRP) RSUs were granted to Kathleen B. Lynch and at what price?
Kathleen B. Lynch was granted 5,639 restricted stock units (RSUs) of Millrose Properties Class A Common Stock at a price of $0.00 per share, reflecting a compensation award instead of a cash purchase transaction.
When will Kathleen B. Lynch’s Millrose Properties (MRP) RSUs vest?
The 5,639 Millrose Properties RSUs granted to Kathleen B. Lynch will vest 1-for-1 into Class A Common Stock on the earlier of the first anniversary of the May 13, 2026 grant date or the company’s next annual stockholder meeting, assuming continued board service.
What are Kathleen B. Lynch’s Millrose Properties (MRP) holdings after the RSU grant?
Following the reported RSU-related acquisition entry, Kathleen B. Lynch directly holds 21,600 shares of Millrose Properties Class A Common Stock. This figure reflects her position after the 5,639-share grant recorded in the latest Form 4 filing.
Are Kathleen B. Lynch’s Millrose Properties (MRP) RSUs subject to any service conditions?
Yes. The RSUs granted to Kathleen B. Lynch will only vest if she maintains continuous service as a director from the May 13, 2026 grant date through the vesting date, tying the equity award to ongoing board service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
