Director Steven Paladino adds 823 MSC Industrial (MSM) shares from RSU vesting
Rhea-AI Filing Summary
MSC Industrial Direct director Steven Paladino reported the vesting and settlement of equity awards into Class A common stock. On January 22, 2026, 799 restricted stock units (RSUs) and 24 dividend equivalent units converted at $0 per share into a total of 823 shares of Class A common stock.
Following these transactions, Paladino directly beneficially owned 14,783 shares of Class A common stock. The RSUs were part of a 1,598-unit grant from January 22, 2025, with 799 RSUs vesting on January 22, 2026 and the remaining 799 RSUs scheduled to vest on January 22, 2027 if he continues to serve as an outside director.
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FAQ
What insider transaction did MSC Industrial (MSM) director Steven Paladino report?
Director Steven Paladino reported the vesting and settlement of 799 RSUs and 24 dividend equivalent units into a total of 823 shares of MSC Industrial Direct Class A common stock on January 22, 2026, at a price of $0 per share.
How many MSC Industrial (MSM) shares does Steven Paladino own after this Form 4 filing?
After the reported transactions, Steven Paladino directly beneficially owned 14,783 shares of MSC Industrial Direct Class A common stock.
What are the terms of Steven Paladino’s RSU grant from January 22, 2025 at MSC Industrial (MSM)?
The filing states that 1,598 RSUs were granted on January 22, 2025. Of these, 799 RSUs vested on January 22, 2026, and the remaining 799 RSUs are scheduled to vest on January 22, 2027, provided he continues to serve as an outside director. Each RSU represents a right to receive one share of common stock.
What are dividend equivalent units in the MSC Industrial (MSM) Form 4 for Steven Paladino?
Dividend equivalent units in this filing are amounts that accrued with respect to 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 MSC Industrial Direct Class A common stock.
Were there any sales of MSC Industrial (MSM) shares by Steven Paladino in this Form 4?
The reported transactions are coded M, indicating the exercise or conversion of derivative securities (RSUs and dividend equivalent units) into Class A common stock at $0 per share, rather than open-market sales.
What future vesting is disclosed for Steven Paladino’s MSC Industrial (MSM) RSUs?
The filing notes that 799 RSUs are scheduled to vest on January 22, 2027, if Steven Paladino continues to serve as an outside director through that vesting date. Vested shares will be delivered upon vesting.