NPK International (NPKI) CEO receives 85,771-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LANIGAN MATTHEW reported acquisition or exercise transactions in this Form 4 filing.
NPK International Inc. reported that President & CEO Matthew Lanigan received a grant of 85,771 shares of common stock as a restricted stock unit award at a price of $0.0000 per share. These restricted stock units vest in one-third increments on June 1 of each subsequent year after the grant and settle in shares. Following this award, Lanigan directly holds 411,435 common shares, and an additional 770,249 common shares are held indirectly by a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LANIGAN MATTHEW
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 85,771 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 411,435 shares (Direct, null);
Common Stock — 770,249 shares (Indirect, by Trust)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 85,771 shares
Grant price: $0.0000 per share
Direct holdings after grant: 411,435 shares
+1 more
4 metrics
RSU grant size
85,771 shares
Restricted stock units granted to CEO on 2026-05-19
Grant price
$0.0000 per share
Recorded price for RSU grant
Direct holdings after grant
411,435 shares
CEO direct common stock ownership after transaction
Indirect trust holdings
770,249 shares
Common stock held indirectly by trust
Key Terms
restricted stock units, grant/award acquisition, indirect ownership, by Trust
4 terms
restricted stock units financial
"Grant of restricted stock units that vest in one-third increments on June 1 of each subsequent year after grant and settle in shares."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
indirect ownership financial
""ownership_type": "indirect""
by Trust financial
""nature_of_ownership": "by Trust""
FAQ
What insider transaction did NPKI report for CEO Matthew Lanigan?
NPK International reported that CEO Matthew Lanigan received a grant of 85,771 restricted stock units of common stock. The award was recorded at a price of $0.0000 per share and represents equity-based compensation rather than an open-market purchase or sale.
How do the 85,771 NPKI restricted stock units for the CEO vest?
The 85,771 restricted stock units granted to NPK International’s CEO vest in one-third increments on June 1 of each subsequent year after the grant. Once vested, the units settle in shares of common stock according to the award terms.