Signet Jewelers (NYSE: SIG) grants 5,405 restricted stock units to officer
Rhea-AI Filing Summary
Signet Jewelers Ltd. reported an equity grant to a senior officer. On January 12, 2026, officer Sagi Raghunandan R received 5,405 common shares of Signet through an award coded as an acquisition at a price of
The award consists of 5,405 restricted stock units granted on January 12, 2026, which vest in three equal annual installments on each of the first, second and third anniversaries of the grant date. Upon each vesting date, the restricted stock units settle into the same number of common shares. Following this grant, the reporting person beneficially owns 5,405 common shares through these restricted stock units, which remain subject to vesting and forfeiture provisions.
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FAQ
What insider transaction did SIG report in this Form 4?
The filing shows that on January 12, 2026, a Signet Jewellers Ltd. officer acquired 5,405 common shares through a grant of restricted stock units at a price of
Who is the insider involved in this SIG Form 4 filing?
The reporting person is Sagi Raghunandan R, an officer of Signet Jewellers Ltd. identified in the remarks as the Chief Digital and Technology Officer.
How many restricted stock units did the SIG officer receive and how do they vest?
The officer received 5,405 restricted stock units. According to the disclosure, they were granted on January 12, 2026 and vest 1/3 annually on each of the first, second and third anniversaries of the grant date.
What happens when the SIG restricted stock units vest?
When the restricted stock units vest, they settle for an equivalent number of common shares of Signet Jewellers Ltd., meaning each vested unit converts into one common share.
How many Signet shares does the reporting person beneficially own after this transaction?
After the reported grant, the Form 4 states that the reporting person beneficially owns 5,405 common shares, represented by restricted stock units that are still subject to vesting and forfeiture conditions.
Is this SIG Form 4 transaction a purchase on the open market?
No. The transaction code is "A", and the footnotes explain it represents a grant of restricted stock units on January 12, 2026, rather than an open-market purchase.