NPK International director granted 8,558 shares
CUTILLO JOSEPH A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
CUTILLO JOSEPH A reported acquisition or exercise transactions in this Form 4 filing.
NPK International Inc. director Joseph A. Cutillo reported an equity compensation grant of 8,558 shares of common stock. The shares were awarded at no cash cost and increase his direct holdings to 36,155 shares.
The grant will vest on the earlier of the first anniversary of the grant date or the day before the next annual stockholders meeting, meaning the director does not receive full ownership benefits until that vesting condition is met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,558 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Grant, award, or other acquisition financial
vesting financial
annual stockholders meeting financial
Common Stock financial
FAQ
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What insider transaction did NPKI director Joseph A. Cutillo report?
Is the NPKI insider transaction a market purchase or a compensation grant?
Does the NPKI Form 4 show any insider sales or dispositions?
AI-generated analysis. How Rhea-AI works. Not financial advice.