Rahquel Purcell (NYSE: MSM) records RSU and dividend unit vesting
Rhea-AI Filing Summary
Rahquel Purcell, a director of MSC Industrial Direct, reported the vesting and conversion of 799 restricted stock units and 24 dividend equivalent units into Class A common stock on January 22, 2026, all at a price of $0 per unit.
After these transactions, Purcell directly holds 3,167 Class A common shares, along with 799 restricted stock units and 75 dividend equivalent units, each representing a contingent right to receive one share of common stock as they vest under previously granted awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 799 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 24 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 799 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 24 | $0.00 | -- |
Footnotes (1)
- Each RSU represents a contingent right to receive one share of Common Stock. The dividend equivalent units accrued with respect to outstanding awards of restricted stock units (RSUs) and vest at the same time(s) as the underlying RSUs. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock. 1,598 RSUs were granted on January 22, 2025. 799 RSUs vested on January 22, 2026. 799 RSUs vest on January 22, 2027, provided that the Reporting Person continues to serve as Outside Director through the applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting. Includes 7.470 dividend equivalent units accrued on January 29, 2025, 25.876 dividend equivalent units accrued on April 23, 2025, 22.766 dividend equivalent units accrued on July 23, 2025, and 23.073 dividend equivalent units accrued on November 26, 2025 with respect to the outstanding awards of restricted stock units (RSUs). Such dividend equivalent units vest at the same time(s) as the underlying RSUs and represent a contingent right to receive one share of Common Stock
FAQ
What insider transactions did Rahquel Purcell report for MSM?
Rahquel Purcell reported the vesting and conversion of 799 restricted stock units and 24 dividend equivalent units into Class A common stock of MSC Industrial Direct on January 22, 2026, at $0 per unit.
What restricted stock units does Rahquel Purcell still hold at MSC Industrial?
After the vesting on January 22, 2026, Purcell holds 799 restricted stock units, from an original grant of 1,598 RSUs made on January 22, 2025, with the remaining 799 RSUs scheduled to vest on January 22, 2027 if service as Outside Director continues.
What are the dividend equivalent units reported in the MSM Form 4?
The Form 4 shows 24 dividend equivalent units converted into Class A common stock and 75 dividend equivalent units remaining. Each unit corresponds to one share of common stock and vests on the same schedule as the related RSUs.
Were any cash proceeds involved in Rahquel Purcell’s MSM Form 4 transactions?
No cash changed hands in these transactions; the RSUs and dividend equivalent units were converted into Class A common stock at a price of $0 per unit.
What vesting schedule applies to Rahquel Purcell’s RSUs at MSC Industrial?
From the 1,598 RSUs granted on January 22, 2025, 799 RSUs vested on January 22, 2026, and 799 RSUs are scheduled to vest on January 22, 2027, contingent on continued service as an Outside Director.