Park Dental Partners (PARK) grants CFO 11,184 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bernander Christopher James reported acquisition or exercise transactions in this Form 4 filing.
Park Dental Partners, Inc. reported that Chief Financial Officer Christopher James Bernander received a grant of 11,184 restricted stock units. Each unit represents a contingent right to receive one share of Park Dental Partners common stock upon vesting.
The restricted stock units vest in four equal 25% installments on each of the first four anniversaries of the grant date, conditioned on his continued service and the terms of the award agreement. The units were granted for no cash consideration, and following this award Bernander holds 11,184 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bernander Christopher James
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,184 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 11,184 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Park Dental Partners, Inc. Common Stock upon vesting. The restricted stock units vest 25% on each of the first four anniversaries of the grant date, subject to the Reporting Person's continued service through each applicable vesting date and the terms of the applicable award agreement. The restricted stock units were granted for no cash consideration.
Key Figures
RSU grant size: 11,184 units
Underlying common shares: 11,184 shares
Vesting cadence: 25% per year
+2 more
5 metrics
RSU grant size
11,184 units
Restricted stock units granted to CFO on June 15, 2026
Underlying common shares
11,184 shares
Each RSU represents one common share upon vesting
Vesting cadence
25% per year
Vests on each of the first four anniversaries of grant date
Grant consideration
$0.00
RSUs granted for no cash consideration
CFO RSUs after grant
11,184 units
Total restricted stock units following this transaction
Key Terms
Restricted Stock Units, contingent right, vesting, no cash consideration
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vesting financial
"The restricted stock units vest 25% on each of the first four anniversaries"
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.
no cash consideration financial
"The restricted stock units were granted for no cash consideration."
FAQ
What did Park Dental Partners (PARK) disclose about its CFO in this Form 4?
Park Dental Partners disclosed that CFO Christopher James Bernander received 11,184 restricted stock units as an equity award. These units convert into common shares upon vesting under the terms of the company’s award agreement and continued service conditions.
How many restricted stock units did the Park Dental (PARK) CFO receive?
CFO Christopher James Bernander received 11,184 restricted stock units in this grant. Each unit represents a contingent right to one Park Dental Partners common share if the specified vesting and service conditions are satisfied over time.
What is the vesting schedule for the Park Dental (PARK) CFO’s RSU grant?
The restricted stock units vest 25% on each of the first four anniversaries of the grant date. Vesting is subject to Bernander’s continued service with Park Dental Partners and compliance with the detailed terms in the applicable award agreement.
Did the Park Dental (PARK) CFO pay cash for the new restricted stock units?
No, the filing states the restricted stock units were granted for no cash consideration. This indicates the award is part of compensation rather than a purchase, providing potential future equity without an upfront payment from the executive.
What does each Park Dental (PARK) restricted stock unit represent for the CFO?
Each restricted stock unit represents a contingent right to receive one share of Park Dental Partners common stock upon vesting. Actual delivery of shares depends on meeting the time-based vesting schedule and any other conditions in the award agreement.
How many Park Dental (PARK) RSUs does the CFO hold after this transaction?
After this transaction, the filing shows Christopher James Bernander holding 11,184 restricted stock units directly. This reflects the full amount of the new grant, with future share delivery tied to the four-year vesting schedule described in the filing.