Pattern Group director grants and sells shares
Pattern Group Inc. director Ann Mather reported a mix of equity compensation and share sales in Series A common stock.
Rhea-AI Filing Summary
Pattern Group Inc. director Ann Mather reported a mix of equity compensation and share sales in Series A common stock. She received a grant of 11,356 restricted stock units on May 15, 2026; each RSU represents one future share and vests in full on the earlier of May 15, 2027 or the company’s 2027 Annual Meeting of Stockholders, subject to her continued service.
On the same date, she sold 5,301 shares in open-market transactions at a weighted average price of $16.51 per share, within a range of $16.50 to $16.56. Following these transactions, she directly owned 42,865 shares of Series A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,301 shares
Net Sell
2 txns
Insider
MATHER ANN
Role
Director
Sold
5,301 shs ($88K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series A Common Stock | 5,301 | $16.51 | $88K |
| Grant/Award | Series A Common Stock | 11,356 | $0.00 | $0.00 |
Holdings After Transaction:
Series A Common Stock — 42,865 shares (Direct)
Footnotes (2)
- F1. The price reported in column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $16.50 to $16.56 per share, inclusive. The reporting person will provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. These shares represent restricted stock units (RSUs) granted on May 15, 2026, which fully vest on the earlier of (i) May 15, 2027, or (ii) the date of the issuer's 2027 Annual Meeting of Stockholders, subject to the continued service of the reporting person to the issuer through the applicable vesting date. Each RSU represents a contingent right to receive one share of Series A common stock.
Key Figures
RSU grant: 11,356 RSUs
RSU vesting date: May 15, 2027 or 2027 Annual Meeting
Shares sold: 5,301 shares
+3 more
6 metrics
RSU grant
11,356 RSUs
Granted May 15, 2026 to director Ann Mather
RSU vesting date
May 15, 2027 or 2027 Annual Meeting
Full vesting trigger for 11,356 RSUs, subject to service
Shares sold
5,301 shares
Open-market sale of Series A common stock on May 15, 2026
Weighted average sale price
$16.51 per share
Multiple trades in $16.50–$16.56 range
Post-transaction holdings
31,509 shares
Direct ownership of Series A common stock after transactions
Sale price range
$16.50–$16.56 per share
Price range for the 5,301 shares sold
Key Terms
restricted stock units (RSUs), weighted average price, Series A Common Stock, Annual Meeting of Stockholders
4 terms
restricted stock units (RSUs) financial
"These shares represent restricted stock units (RSUs) granted on May 15, 2026, which fully vest..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
weighted average price financial
"The price reported in column 4 is the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Series A Common Stock financial
"security_title": "Series A Common Stock""
Series A common stock is a specific class of a company’s ordinary shares issued during an early formal funding round, carrying the ownership rights and voting power tied to that class. For investors it signals an early-stage equity claim with potential upside if the business grows, but also greater risk and typically less liquidity than shares in mature, publicly traded firms—imagine buying a seat on a startup’s team before the company has proven itself.
Annual Meeting of Stockholders financial
"the date of the issuer's 2027 Annual Meeting of Stockholders, subject to the continued service..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Pattern Group (PTRN) director Ann Mather receive in this Form 4?
Ann Mather received a grant of 11,356 restricted stock units (RSUs) in Pattern Group Series A common stock. These RSUs vest in full on May 15, 2027, or on the date of the 2027 Annual Meeting of Stockholders, provided she continues serving the company.
When do Ann Mather’s Pattern Group (PTRN) RSUs vest from this grant?
The 11,356 restricted stock units granted to Ann Mather vest fully on the earlier of May 15, 2027, or the date of Pattern Group’s 2027 Annual Meeting of Stockholders. Vesting is conditioned on her continued service with the company through the applicable vesting date.
What does the weighted average price in Ann Mather’s Pattern Group (PTRN) sale mean?
The weighted average price of $16.51 reflects multiple trades between $16.50 and $16.56 per share executed on May 15, 2026. The filing notes she will provide details on the number of shares sold at each specific price within that range upon request to interested parties.
AI-generated analysis. How Rhea-AI works. Not financial advice.
