MSC Industrial Direct (NYSE: MSM) grants 2,013 RSUs to senior VP Siegel
Rhea-AI Filing Summary
Siegel Walter reported acquisition or exercise transactions in this Form 4 filing.
MSC Industrial Direct granted 2,013 Restricted Stock Units (RSUs) to senior vice president and general counsel Walter Siegel on July 20, 2026. Each RSU represents a right to receive one share of Class A common stock. The award vests in tranches of 503 RSUs on July 20 of 2027, 2028 and 2029, and 504 RSUs on July 20, 2030, in each case contingent on his continued employment, with shares delivered upon vesting. Following this grant, Siegel holds 2,013 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Siegel Walter
Role
SVP, Gen Counsel & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSU) F1, F2 | 2,013 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (RSU) — 2,013 shares (Direct)
Footnotes (2)
- F1. Each RSU represents a contingent right to receive one share of Common Stock.
- F2. 2,013 RSUs were granted on July 20, 2026. 503 RSUs vest on each of July 20, 2027, July 20, 2028 and July 20, 2029, and 504 RSUs vest on July 20, 2030, 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.
Key Figures
RSUs granted: 2,013 RSUs
Vesting tranches: 503 RSUs
Final vesting tranche: 504 RSUs
+1 more
4 metrics
RSUs granted
2,013 RSUs
Restricted Stock Units granted to Walter Siegel on July 20, 2026
Vesting tranches
503 RSUs
Portion vesting on each of July 20, 2027, 2028 and 2029
Final vesting tranche
504 RSUs
Portion vesting on July 20, 2030
Post-grant RSU holdings
2,013 RSUs
Total RSUs directly held by Walter Siegel after the reported grant
Key Terms
Restricted Stock Units (RSU), contingent right, vest
3 terms
Restricted Stock Units (RSU) financial
"2,013 RSUs were granted on July 20, 2026."
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock."
vest financial
"503 RSUs vest on each of July 20, 2027, July 20, 2028 and July 20, 2029."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did MSC Industrial Direct (MSM) grant to Walter Siegel?
MSC Industrial Direct granted 2,013 Restricted Stock Units (RSUs) to SVP and general counsel Walter Siegel on July 20, 2026. Each RSU is a contingent right to receive one share of Class A common stock, delivered when the unit vests.
What is the vesting schedule for Walter Siegel’s 2,013 RSUs at MSC Industrial (MSM)?
The 2,013 RSUs vest over four annual installments. 503 RSUs vest on each of July 20, 2027, 2028 and 2029, and 504 RSUs vest on July 20, 2030, assuming Siegel remains continuously employed through each vesting date.
How many RSUs does Walter Siegel hold in MSC Industrial Direct (MSM) after this grant?
After the July 20, 2026 grant, Walter Siegel holds 2,013 RSUs directly. These units convert into an equal number of Class A common shares as they vest and are then delivered to him on each applicable vesting date.
Does Walter Siegel’s Form 4 for MSC Industrial (MSM) report any stock sales?
The Form 4 reports an award of 2,013 RSUs and no stock sales. The transaction code is “A” for a grant or other acquisition of derivative securities, with zero price per unit, indicating equity compensation rather than an open-market purchase or sale.
What type of security is reported in Walter Siegel’s Form 4 for MSC Industrial (MSM)?
The filing reports Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Class A common stock. These RSUs are derivative securities that convert into shares only upon vesting, subject to continued employment conditions.