Myers Industries (MYE) director awarded 5,135 restricted shares for board service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LIEBAU FREDERIC JACK JR reported acquisition or exercise transactions in this Form 4 filing.
Myers Industries Inc. director Frederic Jack Liebau Jr. received a grant of 5,135 shares of common stock on May 8, 2026. This is a restricted stock award for his service as a director until the 2027 Annual Meeting of Shareholders and carries no cash purchase price.
The award will vest at the 2027 Annual Meeting, provided he continues to serve as a director through that date. After this grant, Liebau directly holds 68,378 shares of Myers Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LIEBAU FREDERIC JACK JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,135 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 68,378 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 5,135 shares
Total shares after grant: 68,378 shares
Award price per share: $0.00 per share
+1 more
4 metrics
Restricted stock grant
5,135 shares
Awarded May 8, 2026 for service as director until 2027 meeting
Total shares after grant
68,378 shares
Direct holdings following reported transaction
Award price per share
$0.00 per share
Restricted stock grant, compensation rather than purchase
Vesting date
2027 Annual Meeting of Shareholders
Vesting conditioned on continued board service through meeting date
Key Terms
restricted stock, Annual Meeting of Shareholders, vesting
3 terms
restricted stock financial
"the reporting person was awarded 5,135 shares of restricted stock with respect to the reporting person's service as a director"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vesting financial
"at which time the reporting person's award will vest, conditioned on the reporting person's continued service through the vesting date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Myers Industries (MYE) director Frederic Jack Liebau Jr. report on this Form 4?
Director Frederic Jack Liebau Jr. reported receiving a grant of 5,135 shares of Myers Industries common stock as restricted stock. The grant is compensation for his board service and increased his direct holdings to 68,378 shares after the transaction.
Is the Myers Industries (MYE) Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a restricted stock award, not an open-market purchase. Liebau received 5,135 shares at no cash cost as compensation for serving as a director, subject to vesting at the 2027 Annual Meeting of Shareholders.
What does transaction code "A" mean in the Myers Industries (MYE) Form 4 filing?
Transaction code "A" in this Form 4 indicates a grant, award, or other acquisition of shares. Here, it reflects a restricted stock award of 5,135 Myers Industries shares granted as director compensation, not a market trade.