Pyxus executive reports initial stock and RSU holdings
PYXUS INTERNATIONAL, INC. officer Joshua David Erdei, Chief Human Resources Officer, reports his equity interests.
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Form Type
3
Rhea-AI Filing Summary
PYXUS INTERNATIONAL, INC. officer Joshua David Erdei, Chief Human Resources Officer, reports his equity interests. These include restricted stock units representing 18,000 shares of common stock that were fully earned for vesting through March 31, 2024, subject to a future Vesting Event, and a separate award of restricted stock units covering 15,600 underlying common shares, part of which is fully earned and part to be earned through March 31, 2027. Each unit represents a contingent right to receive one share of common stock. Erdei also reports 72 common shares held indirectly through his spouse’s IRA and disclaims beneficial ownership of those securities.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Erdei Joshua David
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units F3, F2 | -- | -- | -- |
| holding | Restricted Stock Units F3, F4 | -- | -- | -- |
| holding | Common Stock, no par value F1 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 33,600 contracts (Direct);
Common Stock, no par value — 72 shares (Indirect, By spouse's IRA)
Footnotes (4)
- F1. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purpose.
- F2. The restricted stock units were fully earned for vesting, based on continued employment, through March 31, 2024, with vesting contingent upon the earliest to occur (such earliest event to occur being referred to as the Vesting Event) of the following: (i) March 31, 2031; and (ii) the occurrence of specified corporate events.
- F3. Each restricted stock unit represents a contingent right to receive one share of Pyxus International, Inc. common stock.
- F4. The restricted stock units were awarded on May 10, 2024. 10,400 restricted stock units are fully earned for vesting and the remaining 5,200 restricted stock units are to be earned for vesting, subject to continued employment, on March 31, 2027, with vesting being further subject to the occurrence of the Vesting Event.
Key Figures
Underlying shares for first RSU award: 18,000 shares
Underlying shares for second RSU award: 15,600 shares
Indirectly held common shares: 72 shares
+3 more
6 metrics
Underlying shares for first RSU award
18,000 shares
Restricted stock units fully earned for vesting through March 31, 2024
Underlying shares for second RSU award
15,600 shares
Restricted stock units awarded May 10, 2024 with portions earned and to be earned
Indirectly held common shares
72 shares
Common stock held by spouse's IRA, with beneficial ownership disclaimed
RSU expiration date
March 31, 2031
Expiration date for both reported restricted stock unit positions
Fully earned RSUs in second award
10,400 units
Portion of May 10, 2024 RSU grant already fully earned for vesting
RSUs to be earned in second award
5,200 units
Remaining units to be earned for vesting by March 31, 2027, subject to conditions
Key Terms
Restricted Stock Units, Vesting Event, beneficial ownership, contingent right
4 terms
Restricted Stock Units financial
"The restricted stock units were fully earned for vesting, based on continued employment"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Vesting Event financial
"such earliest event to occur being referred to as the Vesting Event"
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider position does Joshua David Erdei report at PYXUS INTERNATIONAL, INC. (PYYX)?
Joshua David Erdei, the Chief Human Resources Officer of Pyxus International, reports his equity interests, including restricted stock units and indirectly held common stock, as part of his initial beneficial ownership disclosure for the company.
How many restricted stock units linked to PYYX common stock does Joshua David Erdei report?
Joshua David Erdei reports restricted stock units tied to 18,000 underlying common shares and a separate award tied to 15,600 underlying common shares. Each unit represents a contingent right to receive one share of Pyxus International common stock.
What are the key vesting conditions for Joshua David Erdei’s 18,000 PYYX restricted stock units?
The 18,000 restricted stock units were fully earned for vesting through March 31, 2024 based on continued employment, with actual vesting contingent on the earliest of March 31, 2031, or specified corporate events, referred to collectively as the Vesting Event.
How are Joshua David Erdei’s 15,600 PYYX restricted stock units structured for vesting?
The 15,600 restricted stock units, awarded on May 10, 2024, include 10,400 units already fully earned and 5,200 units to be earned for vesting by March 31, 2027, subject to continued employment and the occurrence of the same Vesting Event conditions.
Do Joshua David Erdei’s reported restricted stock units for PYYX have an expiration date?
Yes. The reported restricted stock units, tied to 18,000 and 15,600 underlying common shares, each carry an expiration date of March 31, 2031. Vesting depends on continued employment and the occurrence of a defined Vesting Event.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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