Director Gennette at Signet Jewelers (NYSE: SIG) granted 273 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gennette Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
Signet Jewelers Ltd director Jeffrey Gennette received an equity award of 273 restricted stock units. These units were granted on May 6, 2026 and vest 100% on the first anniversary of the grant date. Upon vesting, they will settle into the same number of common shares. Following this grant, Gennette holds a total of 313 common shares directly, and the 273 units remain subject to vesting and forfeiture conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gennette Jeffrey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, par value $0.18 | 273 | $0.00 | -- |
Holdings After Transaction:
Common Shares, par value $0.18 — 313 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units that were granted on May 6, 2026 and vest 100% on the first anniversary of the grant date. The restricted stock units settle upon vesting for an equivalent number of common shares. Includes 273 restricted stock units which are subject to certain vesting and forfeiture provisions.
Key Figures
RSU grant size: 273 restricted stock units
Post-transaction holdings: 313 common shares
Grant vesting schedule: 100% after 1 year
+1 more
4 metrics
RSU grant size
273 restricted stock units
Granted May 6, 2026
Post-transaction holdings
313 common shares
Shares held after grant
Grant vesting schedule
100% after 1 year
First anniversary of May 6, 2026 grant date
Grant price per share
$0.00 per share
Equity award, no cash paid by recipient
Key Terms
restricted stock units, vest, forfeiture provisions
3 terms
restricted stock units financial
"Represents restricted stock units that were granted on May 6, 2026 and vest 100% on the first anniversary of the grant date."
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.
vest financial
"granted on May 6, 2026 and vest 100% on the first 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.
forfeiture provisions financial
"Includes 273 restricted stock units which are subject to certain vesting and forfeiture provisions."
FAQ
What did Signet Jewelers (SIG) director Jeffrey Gennette receive in this Form 4?
Jeffrey Gennette received an award of 273 restricted stock units. These units represent a form of equity compensation that can convert into common shares if vesting conditions are satisfied, aligning the director’s interests with Signet Jewelers’ long-term performance.
When do Jeffrey Gennette’s 273 restricted stock units at SIG vest?
The 273 restricted stock units granted to Jeffrey Gennette vest 100% on the first anniversary of the May 6, 2026 grant date. Once vested, the units convert into an equivalent number of Signet Jewelers common shares, provided all vesting conditions are met.
What are restricted stock units in the context of Signet Jewelers (SIG)?
Restricted stock units are promises to deliver company shares in the future once conditions are met. For Signet Jewelers, Gennette’s 273 units will settle into common shares upon vesting and are currently subject to specific vesting and forfeiture terms described in the Form 4 footnotes.
Does this Signet Jewelers Form 4 show a market purchase or sale by Jeffrey Gennette?
This Form 4 reflects an equity grant, not a market purchase or sale. The 273 restricted stock units were awarded at no cash price per share, representing compensation that will convert to common shares if the vesting requirements are satisfied after one year.