Director at Myers Industries (NYSE: MYE) receives 5,135-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ludwig Helmuth reported acquisition or exercise transactions in this Form 4 filing.
Myers Industries director Helmuth Ludwig received a stock grant tied to his board service. On May 8, 2026, he was awarded 5,135 shares of restricted common stock for service as a director until the 2027 Annual Meeting of Shareholders, when the award is scheduled to vest if he continues serving. Following this grant, he directly holds 18,571 shares of Myers Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ludwig Helmuth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,135 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,571 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 5,135 shares
Grant price: $0.00 per share
Shares held after grant: 18,571 shares
3 metrics
Restricted stock grant
5,135 shares
Awarded on May 8, 2026 for director service
Grant price
$0.00 per share
Reported transaction price for restricted stock award
Shares held after grant
18,571 shares
Direct ownership following May 8, 2026 award
Key Terms
restricted stock, Annual Meeting of Shareholders, vest
3 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.
vest financial
"at which time the reporting person's award will vest, conditioned on the reporting person's continued service"
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.
FAQ
What insider transaction did Myers Industries (MYE) report for Helmuth Ludwig?
Myers Industries reported that director Helmuth Ludwig received a grant of 5,135 shares of restricted common stock. The award compensates his service on the board and vests at the 2027 Annual Meeting of Shareholders, assuming he continues serving through that date.
Is Helmuth Ludwig’s Myers Industries (MYE) transaction an open-market purchase or a grant?
The transaction is a grant, not an open-market purchase. Ludwig received 5,135 restricted shares at a reported price of $0.00 per share as director compensation, with vesting scheduled at the 2027 Annual Meeting of Shareholders, contingent on continued board service.