Millrose Properties director granted 5,639 RSUs
Gorson Matthew B. reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Gorson Matthew B. reported acquisition or exercise transactions in this Form 4 filing.
Millrose Properties, Inc. director Matthew B. Gorson received a grant of 5,639 restricted stock units under the company’s 2024 Omnibus Incentive Plan. These RSUs vest into Class A Common Stock on a 1-for-1 basis on the earlier of the first anniversary of the grant or the next annual stockholder meeting, subject to his continued board service. Following this award, he holds 31,250 shares of Class A Common Stock.
Insider Trade Summary
Grant/Award: 5,639 shares
Grant/Award
1 txn
Insider
Gorson Matthew 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 — 31,250 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
Shares after transaction: 31,250 shares
Grant price: $0.00 per share
+2 more
5 metrics
RSUs granted
5,639 RSUs
Equity award under 2024 Omnibus Incentive Plan
Shares after transaction
31,250 shares
Class A Common Stock held following grant
Grant price
$0.00 per share
Compensation-related RSU award, no cash paid
Vesting trigger
Earlier of 1 year or next annual meeting
Service-based vesting condition for RSUs
Vesting ratio
1-for-1 into Class A Common
Each RSU converts into one share
Key Terms
restricted stock units ("RSUs"), 2024 Omnibus Incentive Plan, Class A Common Stock, vesting
4 terms
restricted stock units ("RSUs") financial
"granted 5,639 restricted stock units ("RSUs") to the reporting person"
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.
2024 Omnibus Incentive Plan financial
"RSUs to the reporting person under the Issuer's 2024 Omnibus Incentive Plan"
Class A Common Stock financial
"vest into shares of Class A Common Stock of the Issuer on a 1-for-1 basis"
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.
vesting financial
"Such RSUs will vest into shares of Class A Common Stock of the Issuer"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Millrose Properties (MRP) report for Matthew B. Gorson?
Millrose Properties reported that director Matthew B. Gorson received 5,639 restricted stock units as an equity award. The grant was made under the 2024 Omnibus Incentive Plan as compensation, not a market purchase or sale.
How many RSUs did the Millrose Properties (MRP) director receive?
The director received 5,639 restricted stock units. Each RSU will convert into one share of Class A Common Stock once vesting conditions are met, increasing his equity-based compensation exposure to the company.
When do the 5,639 RSUs granted by Millrose Properties (MRP) vest?
The 5,639 RSUs vest on the earlier of the first anniversary of the grant date or the next annual stockholder meeting. Vesting is contingent on the director’s continuous service on the board through that date.
What is the vesting ratio for the Millrose Properties (MRP) RSU grant?
The RSUs vest into Class A Common Stock on a 1-for-1 basis. This means each of the 5,639 RSUs will convert into one share when the vesting date is reached, assuming service-based conditions are satisfied.
Was any cash paid for the Millrose Properties (MRP) RSU grant?
No cash was paid for the RSU grant, which was priced at $0.00 per unit. The award represents stock-based compensation provided by the company rather than a market purchase by the director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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