Myers Industries (MYE) director granted 5,135 restricted shares as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LISMAN BRUCE M reported acquisition or exercise transactions in this Form 4 filing.
Myers Industries director Bruce M. Lisman received a stock grant as part of his board compensation. On May 8, 2026, he was awarded 5,135 shares of Myers Industries common stock as restricted stock, at no purchase price.
These restricted shares are tied to his service as a director through the company’s 2027 Annual Meeting of Shareholders, when the award is scheduled to vest if he continues serving until that date. After this grant, Lisman directly holds a total of 72,478 Myers Industries common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LISMAN BRUCE M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,135 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 72,478 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 5,135 shares
Grant price: $0.00 per share
Total holdings after grant: 72,478 shares
+1 more
4 metrics
Restricted stock grant
5,135 shares
Awarded May 8, 2026 for director service
Grant price
$0.00 per share
Compensation grant, not open-market purchase
Total holdings after grant
72,478 shares
Director Bruce M. Lisman, direct ownership
Vesting date reference
2027 Annual Meeting of Shareholders
Grant vests if service continues through meeting
Key Terms
restricted stock, Annual Meeting of Shareholders, vest, grant, award, or other acquisition
4 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.
vest financial
"the reporting person's award will vest, conditioned on the reporting person's continued service through the vesting date"
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did Myers Industries (MYE) report for Bruce M. Lisman?
Myers Industries reported that director Bruce M. Lisman received a grant of 5,135 restricted shares of common stock. The award is part of his compensation for serving on the board and was not an open-market stock purchase or sale.
Is Bruce M. Lisman’s Myers Industries (MYE) stock award an open-market buy or a compensation grant?
The filing shows Bruce M. Lisman’s transaction as a grant or award acquisition, not an open-market buy. He received 5,135 restricted shares at $0.00 per share as compensation for board service, subject to future vesting conditions tied to his continued service.