Ruger (NYSE: RGR) VP gets 6,920 RSUs; 140 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STURM RUGER & CO INC VP of Marketing Robert J. Werkmeister Jr reported equity compensation and related tax withholding. He received a grant of 6,920 restricted stock units, each tied to one share of common stock and scheduled to vest on March 6, 2029 for cash value. He also acquired 357 shares of common stock at no cost as a grant, while 140 shares were withheld at $37.11 per share to cover taxes. After these transactions, he directly holds 9,306 common shares and 18,234 restricted stock units, making this a routine compensation and tax event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Werkmeister Robert J Jr
Role
VP of Marketing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,920 | $0.00 | -- |
| Grant/Award | Common Stock | 357 | $0.00 | -- |
| Tax Withholding | Common Stock | 140 | $37.11 | $5K |
Holdings After Transaction:
Restricted Stock Units — 18,234 shares (Direct);
Common Stock — 9,446 shares (Direct)
Footnotes (1)
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FAQ
What did RGR VP Robert Werkmeister report in this Form 4?
He reported equity compensation grants and related tax withholding. Werkmeister received restricted stock units and common shares at no cost, with a portion of shares withheld to satisfy tax obligations, reflecting routine compensation rather than open-market buying or selling activity.
How many restricted stock units did RGR grant to its VP of Marketing?
He was granted 6,920 restricted stock units. Each unit is linked to the value of one Sturm Ruger common share and is scheduled to vest and pay out in cash on March 6, 2029, under the terms of the award agreement.
When do the new RGR restricted stock units for Werkmeister vest?
They are scheduled to vest on March 6, 2029. On that date, each restricted stock unit converts into the cash value of one share of Sturm Ruger common stock, according to the specific vesting and conversion terms of the compensation award.
What are Robert Werkmeister’s RGR holdings after these transactions?
Following the reported transactions, he directly holds 9,306 shares of Sturm Ruger common stock. He also holds 18,234 restricted stock units, which represent additional future value subject to vesting and payout conditions defined in the company’s compensation plans.
Does this RGR Form 4 show open-market buying or selling by the VP?
It does not show open-market trades. The filing reflects equity compensation grants and a tax-withholding disposition, where shares were withheld at $37.11 each to cover taxes, rather than discretionary purchases or sales executed in the open market.