Prestige Consumer (NYSE: PBH) CEO gets stock awards and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prestige Consumer Healthcare Inc. reported equity compensation changes for Chief Executive Officer Ronald M. Lombardi. He acquired 19,662 shares of common stock on settlement of performance stock units that vested on May 4, 2026 based on per share growth goals, and received a separate grant of 31,468 Restricted Stock Units.
To cover tax obligations, 16,789 shares were disposed of at $55.31 per share through a tax-withholding mechanism rather than an open-market sale. Following these transactions, Lombardi directly holds 358,543 shares of Prestige Consumer Healthcare common stock. The new Restricted Stock Units vest in three equal installments of 6,554 shares in 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lombardi Ronald M.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 31,468 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 16,789 | $55.31 | $929K |
| Grant/Award | Common Stock, par value $0.01 per share | 19,662 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 375,332 shares (Direct, null)
Footnotes (1)
- Reflects the settlement of performance stock units ("PSUs") granted to the reporting person on May 5, 2023, which PSUs vested on May 4, 2026 based on achievement of goals related to per share growth. The Restricted Stock Units vest in three equal installments of 6,554 shares on May 4, 2027, May 4, 2028 and on May 4, 2029
Key Figures
PSU settlement shares: 19,662 shares
New RSU grant: 31,468 RSUs
Tax-withholding shares: 16,789 shares
+3 more
6 metrics
PSU settlement shares
19,662 shares
Performance stock units vested on May 4, 2026
New RSU grant
31,468 RSUs
Restricted Stock Units granted to CEO
Tax-withholding shares
16,789 shares
Shares delivered for tax liability at $55.31 per share
Tax-withholding price
$55.31 per share
Value used for 16,789-share tax disposition
Post-transaction holdings
358,543 shares
Common stock directly held after transactions
Annual RSU vesting tranche
6,554 shares
Each installment on May 4, 2027, 2028 and 2029
Key Terms
performance stock units, Restricted Stock Units, tax-withholding disposition, per share growth
4 terms
performance stock units financial
"Reflects the settlement of performance stock units ("PSUs") granted to the reporting person on May 5, 2023"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Restricted Stock Units financial
"The Restricted Stock Units vest in three equal installments of 6,554 shares"
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What equity awards did PBH CEO Ronald Lombardi receive in this Form 4?
Ronald Lombardi received 19,662 common shares from vested performance stock units and a new grant of 31,468 Restricted Stock Units. These awards are part of his equity compensation, tying his pay to Prestige Consumer Healthcare’s per share growth and future service-based vesting.
What is the vesting schedule for Ronald Lombardi’s new PBH Restricted Stock Units?
The 31,468 Restricted Stock Units vest in three equal installments of 6,554 shares each. Vesting occurs on May 4, 2027, May 4, 2028, and May 4, 2029, aligning Lombardi’s compensation with multi-year service and continued performance at Prestige Consumer Healthcare.
How were the PBH performance stock units for Ronald Lombardi earned?
The 19,662 shares reflect settlement of performance stock units granted on May 5, 2023. These PSUs vested on May 4, 2026 based on achievement of goals related to Prestige Consumer Healthcare’s per share growth, linking the award directly to the company’s measured performance.