Myers Industries CEO exercises 26,042 RSUs
Myers Industries President and CEO Aaron M. Schapper exercised 26,042 restricted stock units into common shares.
Rhea-AI Filing Summary
Myers Industries President and CEO Aaron M. Schapper exercised 26,042 restricted stock units into common shares. The RSUs converted to common stock on a one-for-one basis, reflecting the first vesting installment from a 78,125-unit grant awarded on March 10, 2025.
To cover tax obligations, 9,979 common shares were withheld at a price of $20.81 per share, which is treated as a tax-withholding disposition rather than an open-market sale. After these transactions, Schapper directly holds 18,035 shares of Myers Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 26,042 | $0.00 | $0.00 |
| Exercise | Common Stock | 26,042 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,979 | $20.81 | $208K |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F3. On March 10, 2025, the reporting person was granted 78,125 restricted stock units, subject to vesting in three equal annual installments on March 16, 2026, March 16, 2027, and March 16, 2028.
FAQ
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What did Myers Industries (MYE) CEO Aaron Schapper report in this Form 4?
How many Myers Industries RSUs did the CEO exercise and what was the basis?
What is the origin of the restricted stock units exercised by the Myers Industries CEO?
How are Myers Industries restricted stock units treated when they vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.