StandardAero (SARO) director converts 6,011 RSUs into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
StandardAero director Andrea Fischer Newman exercised restricted stock units into common shares. On this date, 6,011 RSUs converted into 6,011 shares of StandardAero, Inc. common stock as part of equity compensation. No open-market buy or sell occurred, and Newman now holds 73,990 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,011 shares exercised/converted
Mixed
2 txns
Insider
Newman Andrea Fischer
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,011 | $0.00 | -- |
| Exercise | Common Stock | 6,011 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 73,990 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest upon the earlier of (i) the day immediately prior to the date of the Issuer's next annual meeting of stockholders or (ii) the first anniversary of the grant date.
Key Figures
RSUs exercised: 6,011 shares
Shares received from exercise: 6,011 shares
Shares held after transaction: 73,990 shares
+1 more
4 metrics
RSUs exercised
6,011 shares
Restricted stock units converted into common stock
Shares received from exercise
6,011 shares
Common Stock acquired from RSU conversion
Shares held after transaction
73,990 shares
Common Stock directly owned post-transaction
RSU conversion price
$0.00 per unit
Stated transaction price per RSU in filing
Key Terms
Restricted Stock Units, derivative security, contingent right, vest
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one share of the Issuer's Common Stock"
vest financial
"The RSUs vest upon the earlier of (i) the day immediately prior to the date of the Issuer's next annual meeting"
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 StandardAero (SARO) director Andrea Fischer Newman report?
Andrea Fischer Newman reported exercising restricted stock units into common stock. The filing shows 6,011 RSUs converted into 6,011 shares of StandardAero common stock, reflecting equity compensation rather than an open-market purchase or sale of existing shares.
What are restricted stock units (RSUs) in the StandardAero (SARO) Form 4 filing?
The filing explains each restricted stock unit represents a contingent right to receive one share of StandardAero common stock. These RSUs vest based on time, then convert into common shares, as seen with the 6,011 units exercised by director Andrea Fischer Newman.
How many restricted stock units did Andrea Fischer Newman exercise in this StandardAero (SARO) transaction?
Andrea Fischer Newman exercised 6,011 restricted stock units. Each RSU converted into one share of StandardAero common stock, resulting in 6,011 new common shares as part of her director equity compensation, with no cash exercise price shown in the Form 4.