StoneCo CRO awarded 34,089 dividend stock units
StoneCo Ltd.'s Chief Risk Officer, Thomas Gregor Ilg, received 34,089 additional common stock units as a stock-based compensation adjustment.
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Rhea-AI Filing Summary
StoneCo Ltd.'s Chief Risk Officer, Thomas Gregor Ilg, received 34,089 additional common stock units as a stock-based compensation adjustment. These units were credited as dividend equivalent rights on previously granted restricted stock unit (RSU) awards at no cash cost to him.
The new units are subject to the same vesting and other terms as the underlying RSUs they relate to. Following this acquisition, Ilg directly holds 223,211 units and shares of StoneCo common stock, including both RSUs that each represent a contingent right to one share and already-issued shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,089 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. The additional restricted stock units were credited at no cash cost to the reporting person as a dividend equivalent on outstanding restricted stock units.
- F3. 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
Key Terms
dividend equivalent rights financial
restricted stock units financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did StoneCo (STNE) disclose about Thomas Ilg in this Form 4?
Was the StoneCo (STNE) transaction an open-market buy or sell?
How were the 34,089 StoneCo (STNE) units for Thomas Ilg calculated?
What are dividend equivalent rights in the StoneCo (STNE) Form 4 filing?
What is Thomas Ilg’s total StoneCo (STNE) holding after this Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.