MSC Industrial insider files Form 4 for 589 RSUs and vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MSC Industrial Direct (MSM): insider equity update. A company officer reported equity activity on 11/03/2025. The filing shows 589 restricted stock units (RSUs) were granted, with scheduled vesting of 147 RSUs on 11/03/2026, 11/03/2027, and 11/03/2028, and 148 RSUs on 11/03/2029, conditioned on continued employment.
On the same date, 89 RSUs and 7.11 dividend equivalent units (DEUs) were converted into Class A common stock. To cover taxes from the vesting, 28.11 shares were withheld at $84.79 per share. Following these transactions, directly held Class A common stock was 1,201 shares.
The filing also notes continuing derivative holdings after the activity, including RSUs and DEUs associated with prior awards and the new grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
96.11 shares exercised/converted
Mixed
6 txns
Insider
Rockett Julie Valsa
Role
VP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSU) | 589 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 89 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 7.11 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 89 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 7.11 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, $0.001 par value | 28.11 | $84.79 | $2K |
Holdings After Transaction:
Restricted Stock Units (RSU) — 589 shares (Direct);
Dividend Equivalent Units — 76 shares (Direct);
Class A Common Stock, $0.001 par value — 1,222 shares (Direct)
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. Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs. 589 RSUs were granted on November 3, 2025. 147 RSUs vest on each of November 3, 2026, November 3, 2027 and November 3, 2028, and 148 RSUs vest on November 3, 2029, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting. 357 RSUs were granted on November 3, 2023. 89 RSUs vested on each of November 3, 2024 and November 3, 2025. 89 RSUs vest on November 3, 2026, and 90 RSUs vest on November 3, 2027, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
FAQ
What did MSM report in this Form 4?
An officer reported a grant of 589 RSUs, the vesting and conversion of 89 RSUs and 7.11 DEUs, and tax withholding of 28.11 shares at $84.79.
What is the vesting schedule for the new 589 RSUs at MSM?
Vesting is 147 RSUs on 11/03/2026, 11/03/2027, 11/03/2028, and 148 RSUs on 11/03/2029, subject to continued employment.
What are DEUs mentioned in the MSM filing?
Dividend equivalent units accrue on RSUs and vest at the same time as the underlying RSUs; each DEU represents a right to receive one share.
What prior MSM RSU award vested on 11/03/2025?
From a 357 RSU grant dated 11/03/2023, 89 RSUs vested on 11/03/2024 and 11/03/2025; further tranches vest in 2026 and 2027.