Roper Technologies (ROP) director granted 85 restricted stock shares
Rhea-AI Filing Summary
Joyce Thomas Patrick JR reported acquisition or exercise transactions in this Form 4 filing.
Roper Technologies director Thomas Patrick Joyce Jr. reported receiving a grant of 85 shares of common stock as a director compensation award. The shares were granted at no cash cost and are restricted stock that will vest on the six-month anniversary of the grant date. Following this award, he directly holds 3,860 common shares and also reports indirect ownership of 1,400 shares through a spousal trust.
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FAQ
What insider transaction did ROP director Thomas Patrick Joyce Jr. report?
Director Thomas Patrick Joyce Jr. reported receiving 85 shares of Roper Technologies common stock as a restricted stock grant. The award was made under the Director Compensation Plan and represents non-cash equity compensation rather than an open-market purchase or sale.
How many Roper Technologies (ROP) shares did the director receive in this Form 4?
The filing shows a grant of 85 shares of Roper Technologies common stock. These shares are restricted stock issued as part of director compensation, with no purchase price paid, and they add to the director’s existing direct and indirect shareholdings in the company.
What are the vesting terms of the ROP restricted shares granted to the director?
The 85 restricted shares granted to Thomas Patrick Joyce Jr. vest on the six-month anniversary of the grant date. Until vesting, the shares are subject to restrictions under the Director Compensation Plan, after which they become fully vested common stock.
What are Thomas Patrick Joyce Jr.’s Roper Technologies holdings after this Form 4 transaction?
After the reported grant, Thomas Patrick Joyce Jr. holds 3,860 Roper Technologies common shares directly. The filing also shows 1,400 additional shares held indirectly through a spousal trust, reflecting both his personal and trust-related ownership positions.
Was the Roper Technologies (ROP) insider transaction an open-market buy or a compensation grant?
The transaction was a compensation grant, not an open-market buy. The 85 shares were restricted stock awarded under the Director Compensation Plan at a stated price of zero, rather than being purchased on the open market.