MSC Industrial (MSM) director reports RSU and dividend unit vesting
Rhea-AI Filing Summary
MSC Industrial Direct Co., Inc. director Rudina Seseri reported the vesting of equity awards that converted into Class A common stock. On January 22, 2026, 799 restricted stock units (RSUs) vested and were settled into 799 shares of Class A common stock at a price of $0 per share, reflecting that this was a stock-based compensation event rather than an open-market purchase. On the same date, 24 dividend equivalent units tied to prior RSU awards also converted into 24 shares of Class A common stock at $0 per share.
Following these transactions, Seseri directly beneficially owned 7,145 shares of Class A common stock. Footnotes explain that each RSU and each dividend equivalent unit represents a contingent right to receive one share of common stock, and that 1,598 RSUs were originally granted on January 22, 2025, with 799 vesting on January 22, 2026 and the remaining 799 scheduled to vest on January 22, 2027 if she continues serving as an outside director.
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 transaction did MSM director Rudina Seseri report?
Rudina Seseri reported the vesting and conversion of equity awards into Class A common stock of MSC Industrial Direct Co., Inc. on January 22, 2026, rather than an open-market buy or sell.
How many MSC Industrial (MSM) RSUs vested for Rudina Seseri on January 22, 2026?
On January 22, 2026, 799 restricted stock units (RSUs) vested for Rudina Seseri and were settled into 799 shares of Class A common stock at $0 per share.
What are dividend equivalent units in this MSC Industrial (MSM) Form 4?
The filing states that dividend equivalent units accrue on outstanding RSU awards and vest at the same time as the underlying RSUs. Each unit represents a contingent right to receive one share of common stock. On January 22, 2026, 24 dividend equivalent units converted into 24 shares.
What is the vesting schedule for Rudina Seseris MSC Industrial RSUs?
The footnotes explain that 1,598 RSUs were granted on January 22, 2025. Of these, 799 RSUs vested on January 22, 2026, and 799 RSUs are scheduled to vest on January 22, 2027, provided she continues to serve as an outside director.