Director at Park Dental Partners (PARK) receives grant of 2,632 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schaefer Anna Marie reported acquisition or exercise transactions in this Form 4 filing.
Park Dental Partners, Inc. reported that director Anna Marie Schaefer received a grant of 2,632 restricted stock units (RSUs). Each RSU represents one share of common stock upon vesting. The RSUs vest in full on the first anniversary of the grant date, and were granted for no cash consideration.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schaefer Anna Marie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,632 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,632 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 in full on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director through such date and the terms of the applicable award agreement. The restricted stock units were granted for no cash consideration.
Key Figures
RSUs granted: 2,632 units
Underlying common shares: 2,632 shares
Grant price per unit: $0.00
+1 more
4 metrics
RSUs granted
2,632 units
Restricted Stock Units granted to director on 2026-06-15
Underlying common shares
2,632 shares
Each RSU equals one share of common stock
Grant price per unit
$0.00
RSUs granted for no cash consideration
Vesting schedule
First anniversary of grant date
Vests in full after one year of continued service
Key Terms
Restricted Stock Units, contingent right, vesting, no cash consideration
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and related footnotes"
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
"represents a contingent right to receive one share of Common Stock"
vesting financial
"units vest in full on the first anniversary of the grant date"
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 in this Form 4 for Anna Marie Schaefer?
Park Dental Partners disclosed that director Anna Marie Schaefer received a grant of 2,632 restricted stock units. These RSUs are a form of equity compensation that can convert into common shares if vesting conditions are satisfied after one year of continued service.
How many restricted stock units did Anna Marie Schaefer receive from Park Dental Partners (PARK)?
Anna Marie Schaefer received 2,632 restricted stock units from Park Dental Partners. Each unit is tied to one share of common stock, providing potential future ownership if the vesting requirements based on continued board service are fully met after one year.
When do Anna Marie Schaefer’s RSUs at Park Dental Partners (PARK) vest?
The restricted stock units vest in full on the first anniversary of the grant date. Vesting is contingent on Schaefer’s continued service as a director through that date and compliance with the terms of the applicable award agreement governing the RSU grant.
What does each restricted stock unit represent for Park Dental Partners (PARK)?
Each restricted stock unit represents a contingent right to receive one share of Park Dental Partners common stock. The units convert into shares only if vesting conditions are satisfied, giving the director potential equity ownership rather than immediate stock on the grant date.
Did Anna Marie Schaefer pay cash for the RSUs from Park Dental Partners (PARK)?
No, the restricted stock units were granted for no cash consideration. This means Schaefer did not purchase the RSUs; they were awarded as part of her compensation for board service, subject to the specified vesting conditions and award agreement terms.
How many derivative securities does Anna Marie Schaefer hold after this Park Dental Partners (PARK) transaction?
Following this transaction, Schaefer holds 2,632 restricted stock units as reported. These units are derivative securities tied to Park Dental Partners common stock, and their value depends on vesting and the future performance of the company’s shares after they convert.