Outdoor Holding (POWW) gives director 15,000-share stock grant
Rhea-AI Filing Summary
Outdoor Holding Co (POWW) reported that director Houman Akhavan received a grant of 15,000 shares of common stock. The award is part of the Board of Directors’ quarterly share grant under their annual compensation program, and the reporting person paid no cash consideration. Following this grant, the director directly holds 60,000 common shares. The transaction is characterized as a grant or award acquisition and is affirmed as made under a Rule 10b5-1 trading arrangement.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 15,000 shares
Net Buy
1 txn
Insider
Akhavan Houman
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 15,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 60,000 shares (Direct)
Footnotes (1)
- F1. Reflects the grant of 15,000 shares of common stock that members of the issuer's Board of Directors (the "Board") receive quarterly as part of their annual compensation for Board service. The reporting person pays no consideration for these shares.
Key Figures
Shares granted: 15,000 shares
Price per share: $0.00
Shares owned after transaction: 60,000 shares
+1 more
4 metrics
Shares granted
15,000 shares
Quarterly grant of common stock to Board members as part of annual compensation
Price per share
$0.00
Consideration paid by the director for the 15,000-share grant
Shares owned after transaction
60,000 shares
Director’s direct holdings of Outdoor Holding Co common stock following the grant
Transactions acquiring shares
1 transaction
Form 4 reports one non-derivative grant/award acquisition of common stock
Key Terms
Rule 10b5-1, grant, award, or other acquisition, annual compensation
3 terms
Rule 10b5-1 regulatory
"The transaction is affirmed as made under a Rule 10b5-1 trading arrangement"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
grant, award, or other acquisition financial
"The transaction is characterized as a grant, award, or other acquisition of shares"
annual compensation financial
"Board members receive shares quarterly as part of their annual compensation for Board service"
FAQ
What insider transaction did POWW disclose for director Houman Akhavan?
POWW disclosed that director Houman Akhavan received a grant of 15,000 common shares. The shares are part of the Board’s quarterly equity compensation and were awarded for no cash consideration to the director.
Is the POWW insider grant to Houman Akhavan part of Board compensation?
Yes. The 15,000-share grant is described as stock that Board members receive quarterly as part of their annual compensation. It represents routine director equity compensation rather than an open-market purchase.
Was the POWW Form 4 transaction reported under a Rule 10b5-1 plan?
The filing indicates the transaction was affirmed under Rule 10b5-1. This means the grant was reported as occurring pursuant to a pre-arranged trading or compensation plan under SEC rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.