Rogers Corp (ROG) executive Jeff Tsao awarded 3,451 time-based RSUs
Rhea-AI Filing Summary
Rogers Corp executive Jeff Tsao reported an equity award of 3,451 shares of capital (common) stock. The award is in the form of time-based restricted stock units granted at a price of $0.00 per share under the 2019 Long-Term Equity Compensation Plan.
These restricted stock units convert to common stock on a one-for-one basis and vest in three equal annual installments on each of the first three anniversaries of the grant date, subject to continued employment, with special provisions for death, disability, or retirement. Following this grant and prior plan purchases, Tsao now directly holds a total of 12,749 shares, which includes 237 shares previously acquired under the company’s employee stock purchase plan and corrected here due to an earlier administrative omission.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Capital (Common) Stock | 3,451 | $0.00 | -- |
Footnotes (1)
- Represents the award of Time-Based Restricted Stock Units that convert to common stock on a one-for-one basis pursuant to the 2019 Long-Term Equity Compensation Plan. This Time-Based Restricted Stock Unit award vests in equal one-third increments on each of the first three (3) anniversaries of the Grant Date, provided that the Grantee is then employed by the Company or an Affiliate. Restricted Stock Units that are unvested as of the date of the Grantee's employment termination for any reason other than death, disability, or retirement shall be forfeited. If the Grantee dies, becomes disabled or retires prior to the third anniversary of the Grant Date, a pro-rated amount of the remaining unvested stock units in the grant would vest. This total includes 237 shares acquired by the Reporting Person under the Issuer's Global Stock Ownership Plan for Employees (an employee stock purchase plan) for the six-month period ended June 15, 2025, which, due to administrative error, were not included in the totals disclosed in the Reporting Person's Form 4 filed on July 16, 2025.