NPK International (NPKI) director awarded 8,558-share stock grant, now holds 36,155
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
CUTILLO JOSEPH A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,558 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 36,155 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 8,558 shares
Price per share: $0.00 per share
Shares after transaction: 36,155 shares
+2 more
5 metrics
Shares granted
8,558 shares
Equity grant on May 20, 2026
Price per share
$0.00 per share
Stated grant price
Shares after transaction
36,155 shares
Direct holdings following grant
Vesting condition
Earlier of 1-year anniversary or day before next annual meeting
Grant vesting schedule
Transaction code
A
Grant, award, or other acquisition
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 of the date of grant"
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 Joseph A. Cutillo report?
Joseph A. Cutillo reported an acquisition of 8,558 shares of NPK International common stock. The shares were granted as equity compensation at no cash cost, increasing his direct holdings to 36,155 shares, subject to the vesting schedule described in the grant terms.
Is the NPKI insider transaction a market purchase or a compensation grant?
The transaction is a compensation-related grant, not a market purchase. The Form 4 uses transaction code A, described as a grant, award, or other acquisition, with 8,558 shares issued at $0.00 per share under an equity award arrangement with vesting requirements.
Does the NPKI Form 4 show any insider sales or dispositions?
The Form 4 shows no insider sales or dispositions. It reports one acquisition transaction coded A, representing a grant or award of 8,558 common shares, with zero transactions categorized as sells, gifts, tax withholdings, or derivative exercises in the transaction summary.