Resideo director granted 4,442 stock units
TEICH ANDREW C reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
TEICH ANDREW C reported acquisition or exercise transactions in this Form 4 filing.
Resideo Technologies director Andrew C. Teich received an equity award rather than making an open-market trade. On the grant date, he was awarded 4,442 stock units tied to Common Stock, valued at $34.33 per share, under the 2018 Stock Plan for Non-Employee Directors.
The footnote explains these stock units were issued in lieu of annual cash retainer fees, are fully vested upon grant, and will be settled in a lump-sum issuance of shares of Common Stock after his service as a director ends. Following this grant, his directly held Common Stock and related units total 349,374.631 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,442 | $34.33 | $152K |
Footnotes (1)
- F1. Issued under the 2018 Stock Plan for Non-Employee Directors of Resideo Technologies, Inc. in lieu of annual cash retainer fees and to be settled by issuance of shares of Common Stock in a lump sum following termination of service as a director. These stock units are fully vested upon grant.
Key Figures
Key Terms
2018 Stock Plan for Non-Employee Directors financial
stock units financial
annual cash retainer fees financial
fully vested upon grant financial
FAQ
What did Andrew C. Teich receive in this Resideo (REZI) Form 4 filing?
Was the Resideo (REZI) Form 4 transaction an open-market stock purchase or sale?
What is the value per unit of the Resideo (REZI) stock grant to Andrew C. Teich?
How and when will Andrew C. Teich’s Resideo (REZI) stock units be settled?
Under what plan were the Resideo (REZI) stock units granted to Andrew C. Teich?
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