Director Michael Kaufmann at MSC (NYSE: MSM) granted 1,603 RSUs and settles prior awards
Rhea-AI Filing Summary
MSC Industrial Direct Co., Inc. director Michael C. Kaufmann reported equity compensation activity and related share ownership. On January 23, 2026, he received a grant of 1,603 restricted stock units (RSUs), each representing a contingent right to receive one share of Class A common stock. These RSUs vest on January 23, 2027, if he continues to serve as an outside director, and the underlying shares will be delivered upon vesting.
On January 24, 2026, 695 RSUs from a prior grant and 50 dividend equivalent units were converted into the same number of Class A common shares at a reported price of $0 per share. Following these transactions, Kaufmann directly owned 15,551 shares of Class A common stock, along with 1,603 RSUs and 25 dividend equivalent units outstanding.
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FAQ
What insider activity did MSC Industrial (MSM) report for Michael C. Kaufmann?
The filing reports that director Michael C. Kaufmann received a new grant of 1,603 restricted stock units (RSUs) on January 23, 2026 and that previously granted RSUs and dividend equivalent units were converted into common stock on January 24, 2026.
How many MSC Industrial (MSM) RSUs were granted to Michael C. Kaufmann in January 2026?
On January 23, 2026, Kaufmann was granted 1,603 RSUs, each representing a contingent right to receive one share of MSC Industrial’s Class A common stock. These RSUs are scheduled to vest on January 23, 2027, subject to continued service as an outside director.
When do Michael C. Kaufmann’s new MSC Industrial (MSM) RSUs vest?
The 1,603 RSUs granted to Kaufmann on January 23, 2026 vest on January 23, 2027, provided he continues to serve as an outside director through that date. The vested shares will be delivered to him upon vesting.
What happened to Michael C. Kaufmann’s prior MSC Industrial (MSM) RSU awards?
A prior grant of 1,390 RSUs from January 24, 2024 vested in two equal installments of 695 RSUs on January 24, 2025 and January 24, 2026. On January 24, 2026, 695 RSUs and 50 dividend equivalent units were converted into the same number of Class A common shares at a reported price of $0 per share.
How many MSC Industrial (MSM) shares does Michael C. Kaufmann own after these transactions?
After the January 24, 2026 transactions, Kaufmann directly owned 15,551 shares of MSC Industrial’s Class A common stock, along with 1,603 RSUs and 25 dividend equivalent units that each represent a contingent right to receive one share.
What are dividend equivalent units in the MSC Industrial (MSM) Form 4 for Michael C. Kaufmann?
The filing explains that dividend equivalent units accrue on outstanding RSU awards and vest at the same time as the underlying RSUs. Each dividend equivalent unit represents a contingent right to receive one share of Class A common stock.