Director Christopher L. Coleman awarded 7,041 RSUs at Papa John’s (PZZA)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coleman Christopher L. reported acquisition or exercise transactions in this Form 4 filing.
Papa John’s International director Christopher L. Coleman received an equity award of 7,041 shares of common stock in the form of restricted stock units. These units vest in full on the earlier of the first anniversary of the grant date or the company’s 2027 annual meeting of stockholders, subject to his continuous Board service, with prorated vesting if service ends earlier for reasons other than death or disability. Following this grant, he holds 48,808 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coleman Christopher L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,041 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 48,808 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 7,041 shares
Grant price: $0.00 per share
Post-transaction holdings: 48,808 shares
+1 more
4 metrics
RSU grant size
7,041 shares
Restricted stock units of common stock granted to director
Grant price
$0.00 per share
Reported transaction price for RSU award
Post-transaction holdings
48,808 shares
Total common shares held directly after grant
Vesting outside date
2027 annual meeting
Latest date when RSUs become fully vested, subject to service
Key Terms
restricted stock units, continuous service, annual meeting of stockholders, prorated number
4 terms
restricted stock units financial
"Grant of restricted stock units which become fully vested upon the earlier of"
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.
continuous service financial
"provided the reporting person remains in continuous service on the Board"
annual meeting of stockholders financial
"the date of the Company's 2027 annual meeting of stockholders"
prorated number financial
"Should the reporting person terminate service for any other reason, a prorated number"
FAQ
What did Christopher L. Coleman report in his latest Form 4 for PZZA?
Christopher L. Coleman reported an award of 7,041 restricted stock units of Papa John’s common stock. The award was granted at no cash cost and increases his direct holdings to 48,808 shares.
When do Christopher L. Coleman’s new restricted stock units in PZZA vest?
The restricted stock units vest fully on the earlier of the first anniversary of the grant date or the company’s 2027 annual meeting, assuming continuous Board service. Vesting may accelerate in the event of death or disability under the award’s terms.
What happens to the PZZA restricted stock units if Christopher L. Coleman leaves the Board early?
If Christopher L. Coleman terminates Board service for reasons other than death or disability before full vesting, a prorated portion of the restricted stock units will vest. The remaining unvested units will not continue under the award terms.