Director at Myers Industries (MYE) receives 5,135-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DEFEO RONALD M reported acquisition or exercise transactions in this Form 4 filing.
MYERS INDUSTRIES INC director Ronald M. DeFeo received a grant of 5,135 shares of common stock as restricted stock compensation. The award was made on May 8, 2026 for his service as a director until the 2027 Annual Meeting of Shareholders.
The restricted stock will vest at the 2027 Annual Meeting, conditioned on his continued service through that date. Following this grant, DeFeo directly holds 64,923 shares of Myers Industries common stock. This is a compensation award, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEFEO RONALD M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,135 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 64,923 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 5,135 shares
Transaction price per share: $0.00 per share
Shares held after transaction: 64,923 shares
+1 more
4 metrics
Restricted stock grant
5,135 shares
Awarded May 8, 2026 to director Ronald M. DeFeo
Transaction price per share
$0.00 per share
Compensation grant, not a market purchase
Shares held after transaction
64,923 shares
DeFeo’s direct Myers Industries holdings after grant
Vesting condition
2027 Annual Meeting
Vests at 2027 Annual Meeting if service continues
Key Terms
restricted stock, Annual Meeting of Shareholders, vesting, Form 4
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.
vesting financial
"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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Myers Industries (MYE) report for Ronald M. DeFeo?
Myers Industries (MYE) reported that director Ronald M. DeFeo received a grant of 5,135 shares of restricted common stock. The award is compensation for his board service and is not an open-market stock purchase or sale.
Was any cash paid for the Myers Industries (MYE) stock granted to Ronald M. DeFeo?
No cash was paid for this grant; the transaction price per share was reported as $0.00. The 5,135 Myers Industries shares were awarded as restricted stock compensation for DeFeo’s service as a director.
What is the nature of the Myers Industries (MYE) stock granted to Ronald M. DeFeo?
The 5,135 Myers Industries shares granted to Ronald M. DeFeo are restricted stock. They are subject to vesting at the 2027 Annual Meeting of Shareholders, contingent on his continued board service through that date.