NRC Health (NRC) director awarded 7,697 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lockhart Stephen H reported acquisition or exercise transactions in this Form 4 filing.
NRC Health director Stephen H. Lockhart reported receiving an equity grant of 7,697 shares of common stock as annual compensation. According to the disclosure, this grant represents restricted stock units valued at $150,000, determined using the closing share price before the company’s 2026 annual stockholders meeting.
The award was granted under NRC Health’s 2025 Omnibus Incentive Plan and will vest and become exercisable on the date of the company’s 2027 annual stockholder meeting, subject to standard vesting, forfeiture, and termination provisions. Following this award, Lockhart directly holds 7,697 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lockhart Stephen H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,697 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,697 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award shares: 7,697 shares
Award value: $150,000
Shares held after grant: 7,697 shares
+1 more
4 metrics
Equity award shares
7,697 shares
Grant of common stock / RSUs as annual equity compensation
Award value
$150,000
Equity grant value divided by closing price before 2026 annual meeting
Shares held after grant
7,697 shares
Total direct ownership following reported Form 4 transaction
Vesting date
2027 annual stockholder meeting
Restricted stock unit award vests and becomes exercisable on this date
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, annual equity compensation
3 terms
restricted stock units financial
"This share award represents annual equity compensation in the form of a grant of restricted stock units equal to $150,000"
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.
2025 Omnibus Incentive Plan financial
"under the Issuer's 2025 Omnibus Incentive Plan. The award will vest and become exercisable"
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
annual equity compensation financial
"This share award represents annual equity compensation in the form of a grant of restricted stock units"
FAQ
What insider transaction did NRC (NRC) report for Stephen H. Lockhart?
NRC Health reported that director Stephen H. Lockhart received a grant of 7,697 common shares as annual equity compensation. The grant is in the form of restricted stock units under the company’s 2025 Omnibus Incentive Plan, with vesting tied to the 2027 annual stockholder meeting.
How was the value of Stephen H. Lockhart’s NRC (NRC) equity award determined?
The equity award for Stephen H. Lockhart was set at $150,000 and converted into restricted stock units using the closing share price on the trading day before NRC Health’s 2026 annual stockholders meeting. This calculation produced the 7,697-unit grant disclosed in the Form 4 filing.
When do Stephen H. Lockhart’s NRC (NRC) restricted stock units vest?
Stephen H. Lockhart’s restricted stock units are scheduled to vest and become exercisable on the date of NRC Health’s 2027 annual stockholder meeting. Vesting remains subject to the award’s stated vesting, forfeiture, and termination provisions, as outlined in the company’s 2025 Omnibus Incentive Plan.