Board member Donald Berwick receives $150,000 NRC (NRC) stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Berwick Donald M reported acquisition or exercise transactions in this Form 4 filing.
NRC HEALTH director Donald M. Berwick received an equity grant as part of his annual board compensation. He was awarded 7,697 shares of common stock at a price of $0.00 per share, bringing his directly held stake to 7,697 shares after the transaction.
The footnote explains this represents $150,000 of annual equity compensation in the form of restricted stock units under the company’s 2025 Omnibus Incentive Plan, calculated using the closing price before the 2026 annual stockholders’ meeting. The award will vest on the date of the 2027 annual stockholder meeting, subject to standard vesting, forfeiture, and termination provisions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berwick Donald M
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)
- [object Object]
Key Figures
RSU grant size: 7,697 shares
Grant price per share: $0.00 per share
Equity compensation value: $150,000
+2 more
5 metrics
RSU grant size
7,697 shares
Common stock award on 2026-06-23
Grant price per share
$0.00 per share
Reported transaction price for equity award
Equity compensation value
$150,000
Annual director equity compensation used to size RSU grant
Shares after transaction
7,697 shares
Total NRC HEALTH common shares directly held by Berwick
Vesting date reference
2027 annual stockholder meeting
Restricted stock units vest on this meeting date
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, annual equity compensation, vesting, forfeiture, and termination provisions
4 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"
vesting, forfeiture, and termination provisions financial
"subject to vesting, forfeiture, and termination provisions."
FAQ
What did NRC (NRC) director Donald M. Berwick report in this Form 4?
Donald M. Berwick reported receiving an equity grant of NRC HEALTH common stock. He was awarded 7,697 shares at $0.00 per share as annual director compensation, leaving him with 7,697 directly held shares after the grant.
How large is Donald M. Berwick’s new NRC (NRC) stock award?
The reported award is 7,697 shares of NRC HEALTH common stock. A footnote states this grant equals $150,000 of annual equity compensation, calculated by dividing $150,000 by the closing share price before the 2026 annual stockholder meeting.
What type of compensation is Donald M. Berwick receiving from NRC (NRC)?
Berwick is receiving equity compensation in the form of restricted stock units. The award is part of his annual director compensation, granted under NRC HEALTH’s 2025 Omnibus Incentive Plan and valued at $150,000 based on the stock price before the 2026 annual meeting.
When do Donald M. Berwick’s new NRC (NRC) restricted stock units vest?
The award will vest on the date of NRC HEALTH’s 2027 annual stockholder meeting. Vesting is subject to standard provisions, including vesting, forfeiture, and termination terms specified under the 2025 Omnibus Incentive Plan for directors.