Ruger (NYSE: RGR) grants VP 4,943 cash-settled restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sturm, Ruger & Co. Inc. granted Vice President of Strategy & Business Development Benjamin Paul Quinn 4,943 restricted stock units as a compensation award. Each unit represents the cash value of one share of common stock and is scheduled to vest and convert on March 6, 2029.
After this grant, Quinn holds 9,652 restricted stock units in total, all reported as directly owned. This is a routine, non-market transaction that does not involve any open-market buying or selling of Ruger common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Quinn Benjamin Paul
Role
VP of Strategy & Bus. Develop.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,943 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 9,652 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Sturm Ruger (RGR) report for Benjamin Paul Quinn?
Sturm, Ruger & Co. reported a grant of 4,943 restricted stock units to Vice President of Strategy & Business Development Benjamin Paul Quinn. These units are a form of equity-based compensation rather than an open-market stock purchase or sale.
How many restricted stock units does the Ruger VP hold after this Form 4 filing?
Following the reported grant, Benjamin Paul Quinn holds 9,652 restricted stock units in total. All of these units are listed as directly owned and represent compensation-linked interests, not common shares acquired or sold in the open market.
When do Benjamin Paul Quinn’s 4,943 restricted stock units at RGR vest?
Each of the 4,943 restricted stock units is scheduled to vest and convert on March 6, 2029. At that time, they will convert to the cash value of one share of Sturm Ruger common stock for each unit, according to the award terms.
Are the restricted stock units granted to Ruger’s VP settled in stock or cash?
The restricted stock units are cash-settled. Each unit will convert to the cash value of one share of Sturm Ruger common stock on March 6, 2029, as specified in the award terms, rather than delivering actual shares upon vesting.
Does this Sturm Ruger Form 4 show any insider buying or selling of common stock?
The filing does not show any open-market buying or selling of common stock. It reports a grant of 4,943 restricted stock units to Benjamin Paul Quinn as compensation, which increases his derivative-based holdings to 9,652 units directly owned.