Director Archie C. Black receives 2,210 deferred units at Proto Labs (NYSE: PRLB)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Black Archie C. reported acquisition or exercise transactions in this Form 4 filing.
Proto Labs Inc director Archie C. Black received an equity award of 2,210 deferred stock units on Common Stock. These units were granted at no cash cost and increase his direct holdings to 28,428 shares. The units vest in full on the earlier of the first anniversary of the grant date or the 2027 Annual Meeting of Shareholders, and must be retained until his service on the Board of Directors ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Black Archie C.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,210 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,428 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred stock units granted: 2,210 units
Holdings after transaction: 28,428 shares
Transaction price per unit: $0.00
+1 more
4 metrics
Deferred stock units granted
2,210 units
Grant on Common Stock to director Archie C. Black
Holdings after transaction
28,428 shares
Total direct Proto Labs Common Stock after award
Transaction price per unit
$0.00
Equity award with no cash consideration
Transaction date
2026-05-19
Date of Form 4-reported grant
Key Terms
Deferred stock units, Annual Meeting of Shareholders, Board of Directors, Grant, award, or other acquisition
4 terms
Deferred stock units financial
"Deferred stock units that vest in full on the earlier of the first anniversary of the grant date"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Board of Directors regulatory
"must be retained until the reporting person's service on the Company's Board of Directors ends"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Proto Labs (PRLB) report for Archie C. Black?
Proto Labs reported that director Archie C. Black received an award of 2,210 deferred stock units on Common Stock. The grant was recorded at a price of $0.00 per unit and is classified as a grant, award, or other acquisition under Form 4 rules.
When do Archie C. Black’s Proto Labs (PRLB) deferred stock units vest?
The deferred stock units vest in full on the earlier of the first anniversary of the grant date or the date of the 2027 Annual Meeting of Shareholders. This schedule ties the award to both time-based service and a specific shareholder meeting milestone.
Are Archie C. Black’s Proto Labs (PRLB) deferred stock units subject to holding requirements?
Yes. The footnote states the deferred stock units must be retained until Archie C. Black’s service on Proto Labs’ Board of Directors ends. This requirement aligns director compensation with longer-term board service and maintains ongoing equity exposure while he remains a director.
Was Archie C. Black’s Proto Labs (PRLB) Form 4 transaction a market purchase or sale?
No. The Form 4 identifies the transaction as a grant, award, or other acquisition of 2,210 deferred stock units at $0.00 per unit. It reflects equity compensation, not an open-market buy or sell of Proto Labs shares by the director.