Reformation director receives 9,333-share RSU grant
Miller Steven Clive reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Miller Steven Clive reported acquisition or exercise transactions in this Form 4 filing.
Reformation Inc. director Steven Clive Miller reported an equity award of company stock. On 2026-07-29, he received a grant of 9,333 restricted stock units (RSUs), each representing a contingent right to receive one share of common stock. The RSUs vest in full on the first anniversary of the grant date, subject to continued service. Following this grant, Miller directly holds 19,607 shares of Reformation Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 9,333 shares
Grant/Award
1 txn
Insider
Miller Steven Clive
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 9,333 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 19,607 shares (Direct)
Footnotes (1)
- F1. Represents a grant of restricted stock units ("RSUs"), which vest in full on the first anniversary of the grant date, subject to continued service through such date. Each RSU represents a contingent right to receive one share of common stock.
Key Figures
RSUs granted: 9,333 units
Shares held after transaction: 19,607 shares
Transaction price per share: $0.00
+2 more
5 metrics
RSUs granted
9,333 units
Restricted stock units granted to director on 2026-07-29
Shares held after transaction
19,607 shares
Direct common stock holdings of Steven Clive Miller after RSU grant
Transaction price per share
$0.00
Per-share value reported for the RSU grant (compensation award)
Vesting period
1 year
RSUs vest in full on the first anniversary of the grant date
RSU-to-share ratio
1:1
Each RSU represents a contingent right to receive one share of common stock
Key Terms
restricted stock units, RSUs, contingent right
3 terms
restricted stock units financial
"Represents a grant of restricted stock units ("RSUs"), which vest in full"
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.
RSUs financial
"Represents a grant of restricted stock units ("RSUs"), which vest in full"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each RSU represents a contingent right to receive one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Reformation Inc. (REF) report for Steven Clive Miller?
Reformation Inc. reported that director Steven Clive Miller received a grant of 9,333 RSUs on 2026-07-29. These RSUs are a stock-based compensation award that convert into common shares upon vesting, aligning his interests with shareholders.
What are the vesting terms of the RSUs granted to Steven Clive Miller at REF?
The 9,333 RSUs granted to Steven Clive Miller vest in full on the first anniversary of the grant date. Vesting is subject to continued service through that date, after which each RSU delivers one share of common stock.
Was the Reformation Inc. (REF) Form 4 transaction a market purchase or sale?
The Form 4 reports a grant/award acquisition of 9,333 RSUs, not a market purchase or sale. The transaction code is A, indicating a stock-based compensation award with a per-share price reported as $0.00 in the form.
Does the REF Form 4 indicate any derivative security exercises by Steven Clive Miller?
No derivative security exercises are reported; the filing shows zero derivative transactions in the summary. The only reported activity is the grant of 9,333 RSUs, each convertible into one share of common stock upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.