Director equity grant at NPK International (NPKI) adds 8,558 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MINGE JOHN C reported acquisition or exercise transactions in this Form 4 filing.
NPK International Inc. director John C. Minge reported an equity award of 8,558 shares of Common Stock on May 20, 2026. The shares were granted at no cash cost and will vest on the earlier of the first anniversary of the grant date or the day prior to the next annual stockholders meeting. After this award, he directly holds 253,942 shares of NPK International common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MINGE JOHN C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,558 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 253,942 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 8,558 shares
Grant price: $0.0000 per share
Shares held after grant: 253,942 shares
3 metrics
Shares granted
8,558 shares
Equity award of Common Stock on May 20, 2026
Grant price
$0.0000 per share
Reported transaction price for the 8,558-share award
Shares held after grant
253,942 shares
Total direct holdings following the Form 4 transaction
Key Terms
Grant, award, or other acquisition, vesting, annual stockholders meeting, Common Stock
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vesting financial
"The shares will vest on the earlier of the first anniversary"
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.
annual stockholders meeting financial
"or the day prior to the next annual stockholders meeting"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did NPKI director John C. Minge report?
Director John C. Minge reported receiving 8,558 shares of NPK International Common Stock as an equity award. The grant carried a zero dollar price per share and increases his direct holdings to 253,942 shares following the transaction, according to the Form 4 disclosure.
What does transaction code "A" mean in the NPKI Form 4 filing?
Transaction code “A” in this Form 4 indicates a grant, award, or other acquisition of shares, not an open-market trade. For NPK International, it reflects an 8,558-share compensation grant to director John C. Minge rather than a discretionary stock purchase or sale.