Director Robeson Rose (NPKI) receives 10,862-share equity grant at NPK International
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROBESON ROSE M reported acquisition or exercise transactions in this Form 4 filing.
NPK International Inc. director Robeson Rose M received a grant of 10,862 shares of common stock, recorded at no purchase price, as equity compensation. Following this award, Rose holds 225,147 common shares directly. The granted shares will vest on the earlier of the first anniversary of the grant date or the day before the next annual stockholders meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROBESON ROSE M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,862 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 225,147 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 10,862 shares
Transaction price per share: $0.0000 per share
Shares owned after transaction: 225,147 shares
3 metrics
Shares granted
10,862 shares
Equity award of common stock to director Robeson Rose M
Transaction price per share
$0.0000 per share
Recorded price for the 10,862-share grant
Shares owned after transaction
225,147 shares
Direct common stock holdings after the award
Key Terms
Grant, award, or other acquisition, vest, annual stockholders meeting
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vest financial
"The shares will vest on the earlier of the first anniversary"
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.
annual stockholders meeting financial
"or the day prior to the next annual stockholders meeting"
FAQ
What insider transaction did NPKI director Robeson Rose report on this Form 4?
Director Robeson Rose reported receiving a grant of 10,862 shares of NPK International common stock. The transaction was coded as a grant, award, or other acquisition and involved no cash purchase price per share.