NPK International Inc. (NPKI) director granted 6,614 shares as equity retainer
Rhea-AI Filing Summary
Pederson Kristen J. reported acquisition or exercise transactions in this Form 4 filing.
NPK International Inc. director Kristen J. Pederson received a grant of 6,614 shares of common stock on July 28, 2026, at a reported price of $0.0000 per share as a pro-rated portion of the non-employee director’s annual equity retainer. According to the report, these shares vest on the earlier of the first anniversary of the grant date or the day before the next annual stockholders meeting, and Pederson is shown as directly holding 6,614 shares following the award, subject to this vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,614 shares
Net Buy
1 txn
Insider
Pederson Kristen J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 6,614 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 6,614 shares (Direct)
Footnotes (1)
- F1. Represents pro-rated portion of non-employee director's annual equity retainer. The shares will vest on the earlier of the first anniversary of the date of grant or the day priopr to the next annual stockholders meeting.
Key Figures
Shares granted: 6,614 shares
Price per share: $0.0000 per share
Shares held after transaction: 6,614 shares
3 metrics
Shares granted
6,614 shares
Common stock award to director Kristen J. Pederson on July 28, 2026
Price per share
$0.0000 per share
Reported transaction price for the 6,614-share equity grant
Shares held after transaction
6,614 shares
Direct holdings reported following the grant
Key Terms
non-employee director, annual equity retainer, vest
3 terms
non-employee director financial
"Represents pro-rated portion of non-employee director's annual equity retainer."
annual equity retainer financial
"Represents pro-rated portion of non-employee director's annual equity retainer."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NPK International (NPKI) report for Kristen J. Pederson?
Kristen J. Pederson received an equity award of 6,614 common shares of NPK International on July 28, 2026. The grant is compensation for board service, not an open-market purchase, and is part of her non-employee director annual equity retainer.
What is the vesting schedule for Kristen J. Pederson’s NPKI stock grant?
The 6,614-share grant vests on the earlier of the first anniversary of the grant date or the day before NPK International’s next annual stockholders meeting. Until vesting, the award remains subject to these time-based service conditions as described.
Was Kristen J. Pederson’s NPKI stock grant made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not marked for this transaction. That means this equity award was not reported as being made pursuant to a pre-arranged Rule 10b5-1 trading plan for trading or disposition of shares.