Director at Myers Industries (NYSE: MYE) gets 5,135 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lutey Lori A. reported acquisition or exercise transactions in this Form 4 filing.
Myers Industries director Lori A. Lutey received an award of 5,135 shares of restricted common stock on May 8, 2026 as compensation for her service on the board until the 2027 Annual Meeting of Shareholders. The award will vest at that meeting if she continues to serve through the vesting date.
Following this grant, Lutey holds 41,463 shares of Myers Industries common stock directly and 12,500 shares indirectly through the Phillip & Lori Lutey Revocable Trust, where she serves as co‑trustee. This is a stock-based compensation grant, not an open‑market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lutey Lori A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,135 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 41,463 shares (Direct, null);
Common Stock — 12,500 shares (Indirect, By Phillip & Lori Lutey Revocable Trust)
Footnotes (1)
- On May 8, 2026, the reporting person was awarded 5,135 shares of restricted stock with respect to the reporting person's service as a director of the Issuer until the 2027 Annual Meeting of Shareholders, at which time the reporting person's award will vest, conditioned on the reporting person's continued service through the vesting date. The reporting person is co-trustee of the trust.
Key Figures
Restricted stock grant: 5,135 shares
Grant price: $0.00 per share
Direct holdings after grant: 41,463 shares
+1 more
4 metrics
Restricted stock grant
5,135 shares
Awarded May 8, 2026 for board service until 2027 meeting
Grant price
$0.00 per share
Restricted stock award to director Lori A. Lutey
Direct holdings after grant
41,463 shares
Common stock directly owned by Lori A. Lutey post-grant
Indirect trust holdings
12,500 shares
Held via Phillip & Lori Lutey Revocable Trust, co‑trustee
Key Terms
restricted stock, Annual Meeting of Shareholders, revocable trust, co-trustee
4 terms
restricted stock financial
"the reporting person was awarded 5,135 shares of restricted stock with respect to the reporting person's service"
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.
revocable trust financial
"By Phillip & Lori Lutey Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
co-trustee financial
"The reporting person is co-trustee of the trust."
FAQ
What insider transaction did MYERS INDUSTRIES INC (MYE) report for Lori A. Lutey?
MYERS INDUSTRIES INC reported that director Lori A. Lutey received a grant of 5,135 shares of restricted common stock on May 8, 2026 as board compensation, subject to vesting at the 2027 Annual Meeting of Shareholders, assuming continued service until that date.
Is Lori A. Lutey’s Form 4 transaction in MYE a stock purchase or compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Lutey was awarded 5,135 restricted shares at a price of $0.00 per share in connection with her director service through the 2027 Annual Meeting of Shareholders.