SSD EVP awarded 1,515 restricted stock units
Simpson Manufacturing executive Phillip Burton, EVP for North America, reported an award of 1,515 shares of common stock on a Form 4.
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Rhea-AI Filing Summary
Simpson Manufacturing executive Phillip Burton, EVP for North America, reported an award of 1,515 shares of common stock on a Form 4. These were granted as restricted stock units (RSUs) at a price of $0 per share under the company’s 2011 Equity Incentive Plan.
Each RSU represents the right to receive one share of common stock, vesting in three equal annual installments beginning in February 2027. After this award, Burton beneficially owns 7,003 shares, which include 4,150 unvested RSUs, reflecting a mix of vested and future stock-based compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,515 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents Restricted Stock Units (RSUs). Each RSU represents a right to receive, subject to the terms and conditions of the 2011 Equity Incentive Plan and an RSU Award Agreement, one share of the Company's common stock subject to vesting in three equal annual installments, beginning in February 2027.
- F2. Includes 4,150 restricted stock units that have not yet vested.
FAQ
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What did SSD executive Phillip Burton report on this Form 4?
How do the new RSUs granted to SSD executive Phillip Burton vest?
Under which plan were Phillip Burton’s new SSD RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.