MSC Industrial CEO logs RSU grant, DEU settlement, tax share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MSC Industrial Direct (MSM) CEO and Director Erik Gershwind reported equity award activity. On 11/03/2025, he received 20,934 RSUs. Also on that date, 4,538 RSUs and 362.539 dividend equivalent units were settled into Class A common stock at $0, and 2,502.539 shares were withheld/disposed at $84.79 to cover taxes.
Following these transactions, he directly owned 1,561,684 Class A shares. The new RSUs vest in four equal annual installments (5,233 on 11/03/2026 and 11/03/2027; 5,234 on 11/03/2028 and 11/03/2029), subject to continued service. He also continues to hold previously granted RSUs and dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,900.539 shares exercised/converted
Mixed
10 txns
Insider
GERSHWIND ERIK
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSU) | 20,934 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 4,538 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 362.539 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 4,538 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 362.539 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, $0.001 par value | 2,502.539 | $84.79 | $212K |
| holding | Class A Common Stock, $0.001 par value | -- | -- | -- |
| holding | Class A Common Stock, $0.001 par value | -- | -- | -- |
| holding | Class A Common Stock, $0.001 par value | -- | -- | -- |
| holding | Class A Common Stock, $0.001 par value | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (RSU) — 20,934 shares (Direct);
Dividend Equivalent Units — 3,593 shares (Direct);
Class A Common Stock, $0.001 par value — 1,563,824 shares (Direct);
Class A Common Stock, $0.001 par value — 44,513 shares (Indirect, See footnotes)
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. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. Represents shares held by Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee. Represents shares held by trusts over whose trustee the Reporting Person can exercise remove and replace powers. Represents shares held by a trust of which the Reporting Person is a co-trustee and beneficiary. Represents shares held by a trust of which the Reporting Person is a trustee. 20,934 RSUs were granted on November 3, 2025. 5,233 RSUs vest on each of November 3, 2026 and November 3, 2027, and 5,234 RSUs vest on each of November 3, 2028 and November 3, 2029, provided that the Reporting Person remains continuously employed by the Issuer or provides continued service as a Director of the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting. 18,152 RSUs were granted on November 3, 2023. 4,538 RSUs vested on each of November 3, 2024 and November 3, 2025. 4,538 RSUs vest on each of November 3, 2026 and November 3, 2027, provided that the Reporting Person remains continuously employed by the Issuer or provides continued service as a Director of the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting. Includes 519.074 dividend equivalent units accrued on November 27, 2024, 549.111 dividend equivalent units accrued on January 29, 2025, 592.331 dividend equivalent units accrued on April 23, 2025 and 521.142 dividend units accrued on July 23, 2025 with respect to 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 did MSM CEO Erik Gershwind report on Form 4?
He reported a grant of 20,934 RSUs on 11/03/2025, settlement of 4,538 RSUs and 362.539 DEUs into shares at $0, and tax withholding of 2,502.539 shares at $84.79.
What is the vesting schedule for the 20,934 RSUs at MSM?
They vest as follows: 5,233 on 11/03/2026 and 11/03/2027, and 5,234 on 11/03/2028 and 11/03/2029, subject to continued service.
Did the MSM Form 4 include dividend equivalent units (DEUs)?
Yes. 362.539 DEUs were settled into shares, and additional DEUs remain outstanding alongside RSUs.