StoneCo (NASDAQ: STNE) director receives 37,671 RSUs as dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zinner Pedro reported acquisition or exercise transactions in this Form 4 filing.
StoneCo Ltd. director Pedro Zinner reported an automatic equity award rather than an open-market trade. He received 37,671 shares of Common Stock at no cash cost as additional restricted stock units, credited as dividend equivalents on his existing restricted stock unit awards. These new units carry the same terms and vesting conditions as the underlying awards. Following the award, he directly holds 364,794 shares of Common Stock, and separately reports 54,005 shares held indirectly through Jaglion Ltd.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zinner Pedro
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 37,671 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 364,794 shares (Direct, null);
Common Stock — 54,005 shares (Indirect, By Jaglion Ltd.)
Footnotes (1)
- Represents the acquisition of dividend equivalent rights in the form of additional restricted stock units, which were credited in connection with the Issuer's dividend payment on previously granted restricted stock units awards. These additional restricted stock units are subject to the same terms and conditions, including vesting, as the underlying restricted stock units awards to which they relate. The additional restricted stock units were credited at no cash cost to the reporting person as a dividend equivalent on outstanding restricted stock units. Includes both restricted stock units that represent a contingent right to receive one share of the Issuer's Common Stock, as well as shares of Common Stock.
Key Figures
Restricted stock units granted: 37,671 shares
Award price per share: $0.0000 per share
Direct holdings after award: 364,794 shares
+1 more
4 metrics
Restricted stock units granted
37,671 shares
Dividend equivalent RSUs credited on existing awards
Award price per share
$0.0000 per share
No cash cost to reporting person
Direct holdings after award
364,794 shares
Common Stock held directly following transaction
Indirect holdings
54,005 shares
Common Stock held indirectly through Jaglion Ltd.
Key Terms
dividend equivalent rights, restricted stock units, contingent right
3 terms
dividend equivalent rights financial
"Represents the acquisition of dividend equivalent rights in the form of additional restricted stock units"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"These additional restricted stock units are subject to the same terms and conditions, including vesting"
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.
contingent right financial
"Includes both restricted stock units that represent a contingent right to receive one share"
FAQ
What insider transaction did StoneCo (STNE) director Pedro Zinner report?
Pedro Zinner reported receiving 37,671 StoneCo common shares as additional restricted stock units. These units were credited as dividend equivalents on existing awards and did not involve any cash payment or open-market trading.
Was the StoneCo (STNE) Form 4 a stock purchase or sale?
The Form 4 does not show a stock purchase or sale. It reports an acquisition of 37,671 restricted stock units as a dividend equivalent on existing awards, granted at no cash cost to the reporting person.
What are the 37,671 StoneCo (STNE) restricted stock units reported in the filing?
The 37,671 units are dividend equivalent rights credited as additional restricted stock units. They were granted in connection with StoneCo’s dividend on previously granted RSU awards and are subject to the same vesting terms as those underlying awards.
Did Pedro Zinner pay cash for the 37,671 StoneCo (STNE) restricted stock units?
He did not pay cash for these units. The filing states the additional restricted stock units were credited at no cash cost to him as a dividend equivalent on his outstanding restricted stock unit awards.