STOCK TITAN

Park Dental Partners (PARK) awards 5,855 restricted stock units to director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Steele Christopher Eugene reported acquisition or exercise transactions in this Form 4 filing.

Park Dental Partners, Inc. reported that director and officer Christopher Eugene Steele received a grant of 5,855 restricted stock units. Each unit represents the right to receive one share of common stock if and when it vests.

The award vests in four equal installments of 25% on each of the first four anniversaries of the grant date, so long as Steele continues to provide service and satisfies the award terms. The units were granted for no cash consideration, reflecting routine equity-based compensation rather than an open-market share purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Steele Christopher Eugene
Role See Remarks
Type Security Shares Price Value
Grant/Award Restricted Stock Units 5,855 $0.00 --
Holdings After Transaction: Restricted Stock Units — 5,855 shares (Direct, null)
Footnotes (1)
  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.
RSUs granted 5,855 units Restricted stock units granted to Christopher Eugene Steele
Shares underlying RSUs 5,855 shares Each unit equals one share of common stock upon vesting
Vesting schedule 25% per year over 4 years First four anniversaries of the grant date, service-based
Grant price $0.00 per unit RSUs granted for no cash consideration
Holdings after grant 5,855 RSUs Total restricted stock units following transaction
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
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.
grant date financial
"The restricted stock units vest 25% on each of the first four anniversaries of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
no cash consideration financial
"The restricted stock units were granted for no cash consideration"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Steele Christopher Eugene

(Last)(First)(Middle)
6455 TANAGERS PT.

(Street)
EXCELSIOR MINNESOTA 55331

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Park Dental Partners, Inc. [ PARK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)(2)(3)$006/15/2026A5,855 (2) (2)Common Stock5,855$05,855D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Park Dental Partners, Inc. Common Stock upon vesting.
2. 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.
3. The restricted stock units were granted for no cash consideration.
Remarks:
Chief Clinical Officer - General Practices
/s/ Maxwell Black as Attorney-in-Fact for Christopher Steele06/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PARK report for Christopher Eugene Steele?

Park Dental Partners reported that Christopher Eugene Steele received 5,855 restricted stock units as an equity award. These units are a form of compensation and do not involve an open-market stock purchase or sale, but rather a contingent right to future common shares.

How many Park Dental Partners (PARK) shares are tied to Steele’s new RSU award?

The award covers 5,855 restricted stock units, each linked to one share of Park Dental Partners common stock. If all vesting conditions are satisfied, Steele can receive 5,855 common shares, aligning his compensation more closely with shareholder outcomes over time.

How do Christopher Steele’s PARK restricted stock units vest?

The restricted stock units vest in four equal installments of 25% on each of the first four anniversaries of the grant date. Vesting requires Steele’s continued service through each vesting date and compliance with the terms of the applicable award agreement governing the grant.

Did Christopher Steele pay cash for the 5,855 PARK restricted stock units?

No, the restricted stock units were granted for no cash consideration. This means Steele did not purchase the units in the market; instead, they were provided as part of his compensation package, subject to time-based vesting and other award conditions described in the grant terms.

Is the PARK Form 4 transaction a stock purchase or sale by Christopher Steele?

The Form 4 reports an acquisition of 5,855 restricted stock units as a grant, not a market purchase or sale of common stock. It represents compensation in derivative form that may convert into shares later, depending on vesting and continued service requirements over the four-year schedule.

What happens when Christopher Steele’s PARK restricted stock units vest?

Upon vesting, each restricted stock unit entitles Steele to receive one share of Park Dental Partners common stock. Delivery of shares is contingent on satisfying service-based vesting conditions and complying with the award agreement, turning the contingent rights into actual equity ownership at each vesting date.