Pyxus International Form 4 shows 10,980 RSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pyxus International, Inc. (PYYX) reported an equity compensation grant to one of its directors. On November 20, 2025, the director received 10,980 restricted stock units (RSUs), each representing a contingent right to receive one share of Pyxus common stock. The RSUs are earned for vesting based on continued board service through the earlier of August 14, 2026 or the start of the 2026 annual shareholders meeting, with prorated earning if service ends earlier.
Actual vesting is further contingent on the earliest of three events: March 31, 2031; a qualifying Change in Control under the company’s 2020 Incentive Plan; or Pyxus common stock being listed for trading on a U.S. or approved foreign securities exchange.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Alphin John
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,980 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,980 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Pyxus International, Inc. common stock. The restricted stock units were awarded on November 20, 2025 to be earned for vesting based on continued service as a director through the earlier of August 14, 2026 or the commencement of the Pyxus International, Inc. annual shareholders meeting to be held in 2026, with a prorated amount being earned for vesting if service ceases before such date, and with vesting being further contingent upon the earliest to occur of the following: (i) March 31, 2031; (ii) the occurrence of a 'Change in Control' (as defined in the Pyxus International, Inc. Amended and Restated 2020 Incentive Plan) as a result of a merger, consolidation, share exchange or sale of all or substantially all of the assets of the Company; or (iii) Pyxus International, Inc.'s common stock being listed for trading on a securities exchange registered with the SEC under Section 6 of the Securities Exchange Act of 1934 or an approved foreign securities exchange.
FAQ
What insider transaction did Pyxus International (PYYX) disclose in this Form 4?
Pyxus International disclosed that a director was granted 10,980 restricted stock units (RSUs) on November 20, 2025 as equity compensation.
What are the service-based vesting conditions for the Pyxus (PYYX) RSUs?
The RSUs are earned for vesting based on the director’s continued service through the earlier of August 14, 2026 or the commencement of the 2026 annual shareholders meeting, with a prorated amount earned if service stops earlier.
What additional conditions must be met before the Pyxus (PYYX) RSUs vest?
Vesting is further contingent upon the earliest of: March 31, 2031; a qualifying Change in Control as defined in the Pyxus Amended and Restated 2020 Incentive Plan; or Pyxus common stock being listed for trading on a U.S. or approved foreign securities exchange.
Is there a cash exercise price for the Pyxus (PYYX) restricted stock units?
The filing shows the RSUs with a price of $0, indicating they are granted as equity awards rather than purchased for cash upon vesting.
What is the reporting person’s relationship to Pyxus International (PYYX)?
The reporting person is identified as a director of Pyxus International, Inc., filing the Form 4 as one reporting person with direct ownership of the RSUs.