Silvercrest (NYSE: SAMG) grants director 4,322 RSUs vesting in 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burns Richard Jonathan reported acquisition or exercise transactions in this Form 4 filing.
Silvercrest Asset Management Group Inc. director Richard Jonathan Burns reported an award of 4,322 shares of Class A common stock at a price of $0.00 per share, representing a grant of restricted stock units. According to the footnote, 100% of these RSUs will vest on May 6, 2029. Following this grant, Burns directly holds 19,333 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burns Richard Jonathan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock, par value $0.01 | 4,322 | $0.00 | -- |
Holdings After Transaction:
Class A common stock, par value $0.01 — 19,333 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 4,322 shares
Grant price: $0.00 per share
Post-grant holdings: 19,333 shares
+1 more
4 metrics
RSU grant size
4,322 shares
Class A common stock award on May 6, 2026
Grant price
$0.00 per share
Compensation-related stock award
Post-grant holdings
19,333 shares
Total direct Class A common stock after transaction
RSU vesting date
May 6, 2029
100% of granted RSUs vest on this date
Key Terms
restricted stock units, Class A common stock, vest
3 terms
restricted stock units financial
"Represents a grant of Class A restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A common stock financial
"Represents a grant of Class A restricted stock units ("RSUs")."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest financial
"100% of the RSUs will vest on May 6, 2029, the third anniversary of the grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did SAMG director Richard Jonathan Burns report?
Richard Jonathan Burns reported receiving 4,322 shares of Class A common stock as a grant. The Form 4 shows this was a compensation-related award at $0.00 per share, increasing his direct holdings to 19,333 shares after the transaction.
When do Richard Jonathan Burns’s SAMG RSUs vest?
The restricted stock units granted to Richard Jonathan Burns are scheduled to vest on May 6, 2029. The footnote states that 100% of the RSUs vest on that date, which is described as the third anniversary of the grant date.
What does transaction code A mean in the SAMG Form 4 filing?
Transaction code A in this Form 4 indicates a grant, award, or other acquisition of stock. In Burns’s case, it reflects a compensation-related award of 4,322 restricted stock units that convert into Class A common stock, rather than a market trade.