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.
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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.
How many MSC Industrial (MSM) shares does Rudina Seseri own after these transactions?
After the January 22, 2026 equity award vesting and conversions, Rudina Seseri directly beneficially owned 7,145 shares of MSC Industrial Direct Class A common stock.
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.
Did Rudina Seseri pay cash for the MSC Industrial shares received?
No cash was paid for these shares. The RSUs and dividend equivalent units converted into Class A common stock at a stated price of $0 per share, reflecting stock-based compensation rather than a market purchase.