Revolve Group (NYSE: RVLV) grants 5,297 RSUs to board director
Rhea-AI Filing Summary
Murphy Erinn Elisabeth reported acquisition or exercise transactions in this Form 4 filing.
Revolve Group, Inc. director Erinn Elisabeth Murphy received a grant of 5,297 restricted stock units (RSUs) of Class A common stock under the company’s 2019 Equity Incentive Plan. The RSUs were awarded at no cash cost and increase her directly held stake to 7,483 shares.
All 5,297 RSUs vest in a single tranche on the earlier of the one-year anniversary of the grant date or the day before the next annual stockholder meeting, as long as she continues serving as a non-employee director through that date. The RSUs also become fully vested upon a qualifying Change in Control, subject to continued service through that event.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,297 shares
Net Buy
1 txn
Insider
Murphy Erinn Elisabeth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,297 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 7,483 shares (Direct)
Footnotes (1)
- F1. Represents an equal number of restricted stock units ("RSUs") granted pursuant to the Issuer's 2019 Equity Incentive Plan (the "Plan"). Each RSU represents the right to receive a share of the Issuer's Class A common stock on the date it vests. One hundred percent (100%) of the RSUs will vest upon the earlier of (i) the one-year anniversary of the date of grant of the award or (ii) the day prior to the date of the next annual meeting of the Issuer's stockholders that occurs following the date of grant of the award, in each case, subject to continued service as a non-employee director through the applicable vesting date. In the event of a Change in Control (as defined in the Plan), the RSUs will become fully vested, subject to continued service as a non-employee director through such date.
Key Figures
RSUs granted: 5,297 RSUs
Grant price: $0.0000 per share
Shares after transaction: 7,483 shares
+2 more
5 metrics
RSUs granted
5,297 RSUs
Equity award to Erinn Elisabeth Murphy on grant date
Grant price
$0.0000 per share
RSU grant under 2019 Equity Incentive Plan
Shares after transaction
7,483 shares
Direct Class A common stock holdings after RSU grant
Vesting schedule
100% cliff vest
Earlier of one-year anniversary or day before next annual meeting
Change in Control treatment
Full vesting
RSUs fully vest upon a qualifying Change in Control
Key Terms
restricted stock units ("RSUs"), 2019 Equity Incentive Plan, Change in Control
3 terms
restricted stock units ("RSUs") financial
"Represents an equal number of restricted stock units ("RSUs") granted pursuant to the Issuer's 2019 Equity Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2019 Equity Incentive Plan financial
"RSUs granted pursuant to the Issuer's 2019 Equity Incentive Plan (the "Plan")"
Change in Control financial
"In the event of a Change in Control (as defined in the Plan), the RSUs will become fully vested"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Revolve Group (RVLV) report for Erinn Murphy?
Revolve Group reported that director Erinn Elisabeth Murphy received 5,297 restricted stock units (RSUs) of Class A common stock. These were granted as equity compensation under the 2019 Equity Incentive Plan and increased her direct holdings to 7,483 shares following the award.
How many RSUs did Erinn Murphy receive from Revolve Group (RVLV)?
Erinn Murphy received a grant of 5,297 restricted stock units (RSUs) of Revolve Group Class A common stock. Each RSU represents the right to receive one share upon vesting, giving her a potential future equity increase if all units vest as scheduled.
What are the vesting terms of Erinn Murphy’s 5,297 RSUs at Revolve Group (RVLV)?
All 5,297 RSUs vest 100% on the earlier of the one-year anniversary of the grant date or the day before the next annual stockholder meeting. Vesting requires her continued service as a non-employee director through the applicable vesting date.
How does a Change in Control affect Erinn Murphy’s RSUs at Revolve Group (RVLV)?
If a Change in Control, as defined in Revolve Group’s 2019 Equity Incentive Plan, occurs, Erinn Murphy’s RSUs become fully vested. This acceleration applies provided she continues to serve as a non-employee director through the date of the Change in Control event.
Does Erinn Murphy pay cash for the 5,297 RSUs from Revolve Group (RVLV)?
No, the 5,297 RSUs were granted at a price of $0.0000 per unit, indicating no cash purchase by Erinn Murphy. They are an equity award under the 2019 Equity Incentive Plan, delivering value only if and when the RSUs vest into shares.