SPWH (NASDAQ: SPWH) director receives 62,992-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bejar Martha Helena reported acquisition or exercise transactions in this Form 4 filing.
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. director Martha Helena Bejar received a grant of 62,992 shares of Common Stock in the form of restricted stock units. The award was granted at no cash cost per share and is part of her director compensation.
The restricted stock units vest in twelve substantially equal monthly installments, starting one month after the grant date and continuing on each monthly anniversary for the next eleven months, as long as she continues serving as a director. After this grant, she directly holds 179,535 shares of the company’s Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bejar Martha Helena
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,992 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 179,535 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 62,992 shares
Grant price per share: $0.00 per share
Shares owned after transaction: 179,535 shares
+1 more
4 metrics
Restricted stock units granted
62,992 shares
Grant of Common Stock RSUs to director
Grant price per share
$0.00 per share
Compensation grant, no cash paid
Shares owned after transaction
179,535 shares
Direct holdings following grant
Vesting schedule
12 monthly installments
RSUs vest over 12 months from grant date
Key Terms
restricted stock units, vesting, Common Stock
3 terms
restricted stock units financial
"Grant of restricted stock units that vest in twelve substantially equal installments"
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.
vesting financial
"that vest in twelve substantially equal installments, subject to the Reporting Person's continued service"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did SPWH director Martha Helena Bejar report on this Form 4?
Martha Helena Bejar reported receiving a grant of 62,992 restricted stock units of SPORTSMAN'S WAREHOUSE Common Stock. The award was recorded at a price of $0.00 per share as part of her director compensation and increases her direct holdings in the company.
How do the SPWH restricted stock units granted to Martha Helena Bejar vest over time?
The restricted stock units vest in twelve substantially equal monthly installments. Vesting starts one month after the grant date and continues on each monthly anniversary for the next eleven months, provided she continues serving as a director during each vesting date.
What does each restricted stock unit granted to the SPWH director represent?
Each restricted stock unit granted to Martha Helena Bejar represents the right to receive one share of SPORTSMAN'S WAREHOUSE Common Stock. As the units vest under the schedule, they convert into actual shares, increasing her directly owned share count in the company.
Was there any cash purchase involved in Martha Helena Bejar’s SPWH Form 4 transaction?
No cash purchase was involved in this transaction. The Form 4 shows a transaction price of $0.00 per share, indicating the 62,992 restricted stock units were granted as compensation rather than bought in the open market or through a separate purchase agreement.
Is Martha Helena Bejar’s SPWH Form 4 transaction a buy or a compensation grant?
The transaction is a compensation grant, not an open-market buy. The Form 4 uses code “A” for a grant, award, or other acquisition, and the 62,992 restricted stock units were issued at no cost as part of her service as a director.