NRC Health (NRC) director awarded $150,000 in restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bhandari Parul reported acquisition or exercise transactions in this Form 4 filing.
NRC HEALTH director Parul Bhandari reported an equity grant of 7,697 shares of Common Stock as annual compensation. The award represents restricted stock units valued at $150,000, calculated using the closing price on the day before NRC HEALTH’s 2026 annual stockholder meeting.
The grant was made under the company’s 2025 Omnibus Incentive Plan at a stated price of $0.0000 per share, reflecting that this is a compensation award rather than an open-market purchase. All 7,697 shares will vest and become exercisable on the date of the company’s 2027 annual stockholder meeting, subject to standard vesting, forfeiture, and termination conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bhandari Parul
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
Shares granted: 7,697 shares
Grant value: $150,000
Price basis: Closing price before 2026 meeting
+3 more
6 metrics
Shares granted
7,697 shares
Common Stock awarded as restricted stock units to director
Grant value
$150,000
Annual equity compensation amount converted into restricted stock units
Price basis
Closing price before 2026 meeting
Used to divide $150,000 into number of units
Reported transaction price
$0.0000 per share
Indicates no cash paid; compensation grant
Post-transaction holdings
7,697 shares
Total shares following the reported grant
Vesting timing
2027 annual meeting
Restricted stock units vest on 2027 stockholder meeting date
Key Terms
restricted stock units, annual equity compensation, 2025 Omnibus Incentive Plan
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.
annual equity compensation financial
"This share award represents annual equity compensation in the form of a grant of restricted stock units"
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.
FAQ
What insider transaction did NRC (NRC) director Parul Bhandari report?
Director Parul Bhandari reported receiving 7,697 shares of NRC HEALTH Common Stock as an equity grant. The award represents restricted stock units valued at $150,000, granted as annual board compensation under the company’s 2025 Omnibus Incentive Plan and not an open-market share purchase.
How was the $150,000 NRC (NRC) stock award to Parul Bhandari calculated?
The $150,000 equity award was converted into 7,697 restricted stock units by dividing $150,000 by the closing share price on the trading day before NRC HEALTH’s 2026 annual stockholder meeting. This method ties the number of units to the company’s market price at that time.
When will Parul Bhandari’s NRC (NRC) restricted stock units vest?
The restricted stock units granted to Parul Bhandari will vest and become exercisable on the date of NRC HEALTH’s 2027 annual stockholder meeting. Vesting remains subject to the award’s vesting, forfeiture, and termination provisions described in the company’s 2025 Omnibus Incentive Plan.
What plan governs the NRC (NRC) equity award to director Parul Bhandari?
The equity award is granted under NRC HEALTH’s 2025 Omnibus Incentive Plan. This plan provides for annual equity compensation to directors, and the specific award to Parul Bhandari is subject to the plan’s vesting schedule, forfeiture conditions, and termination provisions through the 2027 annual meeting.