REV Group (NYSE: REVG) CEO awarded 58,665 RSUs under 2016 plan
Rhea-AI Filing Summary
REV Group, Inc. reported an equity award to its President & CEO, who also serves as a director. On 12/03/2025, the executive acquired 58,665 shares of common stock in the form of restricted stock units at a stated price of $0, increasing his beneficial ownership to 575,111 shares held directly.
The restricted stock units relate to REV Group common stock and were granted under the company’s 2016 Omnibus Incentive Plan. These units are scheduled to vest in three equal installments on December 31, 2026, 2027, and 2028, providing time-based equity compensation that aligns the executive’s interests with long-term company performance.
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FAQ
What insider transaction did REV Group (REVG) disclose in this Form 4?
REV Group disclosed that its President & CEO, who is also a director, acquired 58,665 shares of common stock in the form of restricted stock units on 12/03/2025.
How many REV Group (REVG) shares does the reporting person own after this transaction?
After the reported transaction, the executive beneficially owns 575,111 shares of REV Group common stock held directly.
What are the vesting terms of the 58,665 restricted stock units at REV Group (REVG)?
The 58,665 restricted stock units vest in three equal installments on December 31, 2026, 2027, and 2028, subject to the terms of the grant.
Under which plan were the REV Group (REVG) restricted stock units granted?
The restricted stock units were granted under REV Group’s 2016 Omnibus Incentive Plan, which governs equity-based compensation awards.
Was any cash paid for the 58,665 REV Group (REVG) restricted stock units?
The filing reports the acquisition of 58,665 restricted stock units at a stated price of $0 per share, reflecting a compensatory equity grant rather than an open-market purchase.
What is the role of the reporting person at REV Group (REVG)?
The reporting person is a director of REV Group and also serves as its President & CEO, as indicated in the relationship section.