Director at Phoenix Education (PXED) granted 4,394 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phoenix Education Partners, Inc. reported that director Johannes H. Worsoe acquired an award of 4,394 shares of common stock in the form of restricted stock units at a price of $0.00 per share.
The RSUs were granted under the company’s 2025 Omnibus Incentive Plan and will vest on the earlier of the next annual meeting of stockholders following the grant date or the first anniversary of the grant date, provided he continues serving on the board through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Worsoe Johannes H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 4,394 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 4,394 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Phoenix Education Partners (PXED) report for Johannes H. Worsoe?
Phoenix Education Partners reported an equity award to director Johannes H. Worsoe. He received 4,394 restricted stock units of common stock at $0.00 per share, reflecting a stock-based compensation grant rather than an open-market purchase or sale.
What type of security was involved in the Phoenix Education Partners (PXED) Form 4 filing?
The filing involves restricted stock units tied to common stock. The award consists of RSUs for common stock with a par value of $0.01 per share, granted at $0.00, meaning the director does not pay cash to receive the units, subject to vesting.
What is the vesting schedule for the Phoenix Education Partners (PXED) director’s RSU grant?
The RSUs vest on the earlier of two dates. Vesting occurs at either the annual stockholders’ meeting following the grant or the first anniversary of the grant date, provided the director continues serving on the board until that vesting date.
Is the Phoenix Education Partners (PXED) Form 4 transaction an open-market buy or sell?
No, the transaction is a grant, not an open-market trade. The Form 4 reports a stock-based compensation award of 4,394 restricted stock units at $0.00 per share, classified as a grant or other acquisition, with no cash purchase or sale involved.
What plan governs the restricted stock unit grant at Phoenix Education Partners (PXED)?
The RSU grant was made under the 2025 Omnibus Incentive Plan. This plan authorizes equity-based awards to directors and others, using restricted stock units that vest over time to encourage long-term alignment with the company’s performance and shareholder value.