Octave Specialty Group director gets 8,224 stock units
Unless deferred at his election, the units are scheduled to vest October 1, 2027 and settle at vesting or earlier departure from the Board.
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Rhea-AI Filing Summary
Octave Specialty Group Inc. director Michael D. Price acquired 8,224 restricted stock units on October 1, 2026, bringing his reported direct RSU holdings to 30,815. Each unit represents a contingent right to receive one common share. The award is scheduled to vest on October 1, 2027; vested units settle and convert into common shares upon the earlier of the vesting date or his ceasing to serve on the Board, unless he elects to defer settlement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 8,224 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Octave Specialty Group, Inc. (the "Company").
- F2. RSU's granted on October 1, 2026 shall vest one year later on October 1, 2027. RSUs that have become vested shall settle and convert into shares of common stock upon the earlier of the vesting date or the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of the Company, unless otherwise deferred upon the election of the reporting person.
Key Figures
Key Terms
Restricted Stock Unit financial
vest financial
settle and convert financial
FAQ
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How many RSUs did OSG director Michael D. Price receive?
When do OSG director Michael D. Price's RSUs vest and settle?
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