Director at NPK International (NPKI) receives 8,558-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LARSON RODERICK A. reported acquisition or exercise transactions in this Form 4 filing.
NPK International Inc. director Roderick A. Larson received a grant of 8,558 shares of common stock at $0.00 per share. These shares will vest on the earlier of the first anniversary of the grant date or the day before the next annual stockholders meeting. After the grant, Larson holds 23,655 common shares directly and 233,651 shares indirectly through LFV, LP, for which he disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LARSON RODERICK A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,558 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 23,655 shares (Direct, null);
Common Stock — 233,651 shares (Indirect, LFV, LP)
Footnotes (1)
- The shares will vest on the earlier of the first anniversary of the date of grant or the day prior to the next annual stockholders meeting. The reporting person disclaims beneficial ownership of these shares held indirectly through this entity except to the extent of the pecuniary interest held therein.
Key Figures
Stock grant: 8,558 shares
Grant price: $0.00 per share
Direct holdings after: 23,655 shares
+1 more
4 metrics
Stock grant
8,558 shares
Common Stock granted to director on 2026-05-20
Grant price
$0.00 per share
Price per share for 8,558-share grant
Direct holdings after
23,655 shares
Common Stock directly held by Larson after grant
Indirect holdings
233,651 shares
Common Stock held indirectly through LFV, LP
Key Terms
Grant, award, or other acquisition, beneficial ownership, vest, indirect ownership
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these shares held indirectly"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
vest financial
"The shares will vest on the earlier of the first anniversary of the date of grant"
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.
indirect ownership financial
"shares held indirectly through this entity except to the extent of the pecuniary interest"
FAQ
What insider transaction did NPKI director Roderick Larson report?
Roderick A. Larson reported receiving a grant of 8,558 shares of NPK International common stock. The grant was at $0.00 per share and represents compensation, not an open-market purchase or sale, according to the Form 4 transaction details.
Are Roderick Larson’s NPKI transactions open-market buys or sells?
The Form 4 shows a grant or award acquisition of 8,558 shares, not an open-market buy or sell. Another line is a holding entry for indirect ownership through LFV, LP, reflecting position reporting rather than a market trade.
What does Larson’s indirect ownership in NPKI through LFV, LP mean?
The Form 4 reports 233,651 NPK International shares held indirectly through LFV, LP. Larson disclaims beneficial ownership of those shares except for his pecuniary interest, meaning economic exposure without full beneficial ownership of all indirectly held shares.