REV Group (NYSE: REVG) reports restricted stock awards to SVP & General Counsel
Rhea-AI Filing Summary
REV Group, Inc. reported equity compensation changes for its Senior Vice President, General Counsel & Secretary on a recent date. The officer received several grants of restricted common stock, with multiple awards recorded at a price of $0 per share as they are equity incentives rather than open-market purchases.
The filing explains that some of the newly granted restricted shares will vest in three equal installments on each of December 31, 2026, 2027, and 2028 under the company’s 2016 Omnibus Incentive Plan. It also notes that a portion of the shares was automatically withheld to cover taxes when the officer recognized income from the restricted stock, including in connection with a potential Section 83(b) election.
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FAQ
What insider transaction did REV Group (REVG) disclose in this Form 4?
The company reported restricted common stock grants and related tax-withholding share disposals for its Senior Vice President, General Counsel & Secretary on 12/03/2025.
Who is the reporting person in the REV Group (REVG) Form 4 filing?
The reporting person is an officer of REV Group, Inc., serving as SVP, General Counsel & Secretary.
What type of REV Group (REVG) equity was granted to the officer?
The officer received shares of restricted common stock of REV Group, Inc. under the 2016 Omnibus Incentive Plan.
When will the newly granted REV Group (REVG) restricted shares vest?
The filing states that certain restricted stock grants will vest in three equal installments on each of December 31, 2026, 2027, and 2028.
Why were some REV Group (REVG) shares withheld in this Form 4?
Some restricted shares were withheld to pay applicable taxes arising from the officer’s income recognition on the grants, including in connection with a possible Section 83(b) election.
Was this REV Group (REVG) Form 4 filed by more than one reporting person?
No. The document indicates it is a Form filed by one reporting person.