Pyxus International Form 4 shows 10,980 RSUs awarded to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pyxus International, Inc. (PYYX) reported a director equity award of 10,980 restricted stock units (RSUs). Each RSU represents a right to receive one share of Pyxus common stock.
The RSUs were granted on November 20, 2025 and are earned based on continued board service through the earlier of August 14, 2026 or the company’s 2026 annual shareholders meeting, with prorated earning if service ends sooner. Vesting is further contingent on the earliest of March 31, 2031, a qualifying change in control transaction, or Pyxus common stock becoming listed for trading on a registered U.S. or approved foreign securities exchange.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moehring Cynthia P
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 equity award was reported for Pyxus International (PYYX)?
The filing reports a grant of 10,980 restricted stock units (RSUs), each representing a contingent right to receive one share of Pyxus International, Inc. common stock.
When were the 10,980 RSUs at Pyxus International granted?
The 10,980 RSUs were awarded on November 20, 2025 to a director of Pyxus International, Inc.
What is the service requirement for the Pyxus (PYYX) director RSUs?
The RSUs are to be earned for vesting based on continued service as a director through the earlier of August 14, 2026 or the commencement of the 2026 annual shareholders meeting, with a prorated amount earned if service ends before that date.
What additional conditions affect vesting of the Pyxus director RSUs?
Vesting is contingent upon the earliest of: March 31, 2031; a defined Change in Control involving a merger, consolidation, share exchange or major asset sale; or Pyxus common stock being listed for trading on a registered U.S. or approved foreign securities exchange.
Do the Pyxus RSUs have an exercise price?
The RSUs have an exercise price of $0, consistent with typical restricted stock unit awards that represent a right to receive shares without additional payment upon vesting.
Is this Pyxus (PYYX) Form 4 filed for more than one reporting person?
No. The Form 4 indicates it is filed by one reporting person, who is identified as a director of Pyxus International, Inc.