MSC Industrial insider updates holdings after RSU grant and vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MSC Industrial (MSM): On 11/03/2025, the SVP, General Counsel & Corporate Secretary reported equity transactions. The executive received a grant of 2,653 RSUs and had 447 RSUs vest, along with 35.711 dividend equivalent units converting into Class A shares. To cover withholding taxes from vesting, 138.711 shares were withheld at $84.79 per share. Following these transactions, the executive directly owned 3,440 Class A shares.
The new RSU grant is scheduled to vest in tranches through November 2029, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
482.711 shares exercised/converted
Mixed
6 txns
Insider
Dongre Neal
Role
SVP, Gen Counsel & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSU) | 2,653 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 447 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 35.711 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 447 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 35.711 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, $0.001 par value | 138.711 | $84.79 | $12K |
Holdings After Transaction:
Restricted Stock Units (RSU) — 2,653 shares (Direct);
Dividend Equivalent Units — 303 shares (Direct);
Class A Common Stock, $0.001 par value — 3,543 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. 2,653 RSUs were granted on November 3, 2025. 663 RSUs vest on each of November 3, 2026, November 3, 2027 and November 3, 2028, and 664 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. 1,789 RSUs were granted on November 3, 2023. 447 RSUs vested on each of November 3, 2024 and November 3, 2025. 447 RSUs vest on November 3, 2026, and 448 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. Includes 51.473 dividend equivalent units accrued on November 27, 2024, 54.452 dividend equivalent units accrued on January 29, 2025, 58.740 dividend equivalent units accrued on April 23, 2025 and 51.678 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 disclose in this Form 4?
An executive received 2,653 RSUs, had 447 RSUs and 35.711 DEUs settle into shares, and 138.711 shares were withheld at $84.79 for taxes.
Who is the reporting person in MSM’s filing?
The company’s SVP, General Counsel & Corporate Secretary.
What is the vesting schedule for the 2,653 RSUs?
Per the filing: 663 RSUs vest on Nov 3, 2026, Nov 3, 2027, Nov 3, 2028, and 664 RSUs on Nov 3, 2029, subject to continued employment.
What are dividend equivalent units (DEUs) in this context?
DEUs accrue on RSUs and vest at the same time as the underlying RSUs; each DEU equals a right to one share of common stock.
Was cash paid for the RSU exercises?
No. RSU settlements were reported at $0, with tax withholding covered by 138.711 shares at $84.79.