Resideo director granted 4,834 stock units
Resideo Technologies director Andrew C. Teich reported a stock-based compensation award rather than an open-market trade.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Resideo Technologies director Andrew C. Teich reported a stock-based compensation award rather than an open-market trade. He acquired 4,834 stock units valued at $31.545 each under the 2018 Stock Plan for Non-Employee Directors, in lieu of his annual cash retainer fees.
The footnote explains these stock units are fully vested upon grant and will be settled in a lump sum of common shares after his service as a director ends. Following this award, his direct holdings stand at 359,676.631 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,834 | $31.545 | $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
annual cash retainer fees financial
stock units financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Resideo Technologies (REZI) director Andrew Teich report on this Form 4?
How many Resideo (REZI) stock units did Andrew Teich receive and at what value?
Are Andrew Teich’s new Resideo (REZI) stock units immediately vested or subject to vesting?
What is the source of Andrew Teich’s new Resideo (REZI) stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.