MSM Form 4: RSU/DEU conversions; tax withholding at $86.42
Rhea-AI Filing Summary
MSC Industrial Direct (MSM) filed a Form 4 for its SVP, General Counsel & Corporate Secretary. On 11/04/2025, RSUs and related dividend equivalent units vested (code M), adding 378, 45.065, 698, and 29.254 Class A shares. Shares were withheld to cover taxes (code F): 122.065 and 209.254 shares at $86.42 per share.
Following the transactions, the reporting person directly owned 4,259 Class A shares. The filing also outlines prior RSU grants from 11/04/2022 and 11/04/2024 with future scheduled vesting, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 378 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 45.065 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 698 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 29.254 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 378 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 45.065 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, $0.001 par value | 122.065 | $86.42 | $11K |
| Exercise | Class A Common Stock, $0.001 par value | 698 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 29.254 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, $0.001 par value | 209.254 | $86.42 | $18K |
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. 1,513 RSUs were granted on November 4, 2022. 378 RSUs vested on each of November 4, 2023, November 4, 2024 and November 4, 2025. 379 RSUs vest on November 4, 2026, 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. 2,794 RSUs were granted on November 4, 2024. 698 RSUs vested on November 4, 2025. 698 RSUs vest on November 4, 2026, and 699 RSUs vest on each of November 4, 2027 and November 4, 2028, 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 disclose in this Form 4?
What do transaction codes M and F mean in this MSM filing?
What future vesting is described for MSM RSU grants?