Director at NPK International (NPKI) receives 8,558-share stock grant, holds 126,693
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meer Claudia Michel reported acquisition or exercise transactions in this Form 4 filing.
NPK International Inc. director Claudia Michel Meer received a grant of 8,558 shares of Common Stock. The award was granted at no cash price and increases her direct holdings to 126,693 shares after the transaction. The shares will vest on the earlier of the first anniversary of the grant date or the day prior to the next annual stockholders meeting, making this a routine equity compensation grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meer Claudia Michel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,558 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 126,693 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 8,558 shares
Price per share: $0.0000 per share
Shares held after: 126,693 shares
3 metrics
Shares granted
8,558 shares
Common Stock award coded as grant, award, or other acquisition
Price per share
$0.0000 per share
Indicates no cash paid for the granted shares
Shares held after
126,693 shares
Total direct Common Stock holdings following the grant
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"
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 NPK International Inc. (NPKI) report for Claudia Michel Meer?
NPK International reported that director Claudia Michel Meer received a grant of 8,558 shares of Common Stock. This was a share award at no cash cost, classified as a “Grant, award, or other acquisition,” and is part of her equity compensation.
Was the NPKI insider transaction a market purchase or a compensation grant?
The transaction was a compensation grant, not a market purchase. It is coded as an “A” transaction, described as a grant, award, or other acquisition, with a per-share transaction price of 0.0000, indicating no cash was paid for the shares.
Does the NPKI Form 4 show any derivative securities or option exercises for Claudia Michel Meer?
The Form 4 does not list any derivative securities or option exercises for Claudia Michel Meer. The filing shows one non-derivative Common Stock grant and an empty derivative securities summary, indicating no options or similar instruments were reported.