Director at Pattern Group (PTRN) receives 11,356 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Taylor Susan J.S. reported acquisition or exercise transactions in this Form 4 filing.
Pattern Group Inc. director Taylor Susan J.S. reported an equity compensation grant of 11,356 shares of Series A common stock in the form of restricted stock units. The units were granted at no cash cost and increase her direct holdings to 48,166 shares after the award.
These RSUs fully vest on the earlier of May 15, 2027 or the date of Pattern Group’s 2027 Annual Meeting of Stockholders, provided she continues serving the company through that date. Each unit represents a contingent right to receive one share of Series A common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Taylor Susan J.S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Series A Common Stock | 11,356 | $0.00 | -- |
Holdings After Transaction:
Series A Common Stock — 48,166 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 11,356 shares
Holdings after transaction: 48,166 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSU grant size
11,356 shares
Restricted stock units of Series A common stock granted on May 15, 2026
Holdings after transaction
48,166 shares
Director’s direct Series A common stock holdings following the grant
Grant price per share
$0.00 per share
Equity award recorded at no cash cost to the director
Latest vesting date
May 15, 2027
RSUs fully vest on this date or at the 2027 Annual Meeting, whichever is earlier
Key Terms
restricted stock units (RSUs), Series A common stock, Annual Meeting of Stockholders, contingent right
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.
Series A common stock financial
"Each RSU represents a contingent right to receive one share of 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 regulatory
"...or (ii) the date of the issuer's 2027 Annual Meeting of Stockholders, subject to the continued service..."
contingent right financial
"Each RSU represents a contingent right to receive one share of Series A common stock."
FAQ
What insider transaction did PTRN director Taylor Susan J.S. report?
Director Taylor Susan J.S. reported receiving 11,356 restricted stock units of Pattern Group Series A common stock as an equity grant. The award was recorded at no cash cost and increased her direct holdings to 48,166 shares following the transaction.
When do the newly granted PTRN RSUs for Taylor Susan J.S. vest?
The RSUs vest 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 to the company through the applicable vesting date described in the grant terms.
What does each Pattern Group RSU reported in this Form 4 represent?
Each restricted stock unit represents a contingent right to receive one share of Pattern Group Series A common stock. Actual shares are delivered only if the vesting conditions are satisfied, including the director’s continued service through the specified vesting date.
Is this PTRN insider Form 4 a sign of open-market buying or selling?
This Form 4 reflects an equity grant, not open-market trading. The transaction code is a grant or award acquisition, and the price per share is zero, indicating stock-based compensation rather than discretionary buying or selling in the market.