StoneCo (NASDAQ: STNE) CRO gains 34,089 dividend stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ilg Thomas Gregor
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,089 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 223,211 shares (Direct, null)
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
Stock units acquired: 34,089 units
Price per unit: $0.00
Holdings after transaction: 223,211 shares/units
3 metrics
Stock units acquired
34,089 units
Dividend equivalent rights on existing RSUs
Price per unit
$0.00
Credited at no cash cost to reporting person
Holdings after transaction
223,211 shares/units
Direct holdings after RSU dividend equivalents
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
"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
"restricted stock units that represent a contingent right to receive one share of the Issuer's Common Stock"
FAQ
What did StoneCo (STNE) disclose about Thomas Ilg in this Form 4?
StoneCo reported that Chief Risk Officer Thomas Gregor Ilg acquired 34,089 additional common stock units. These were credited as dividend equivalents on existing restricted stock unit awards and did not involve any cash payment, reflecting routine stock-based compensation adjustments.
Was the StoneCo (STNE) transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. It was classified as a grant or award acquisition, where 34,089 stock units were credited as dividend equivalents on outstanding restricted stock units, with no cash changing hands for the reporting person.
How were the 34,089 StoneCo (STNE) units for Thomas Ilg calculated?
The 34,089 additional units represent dividend equivalent rights on previously granted restricted stock units. They were credited in connection with StoneCo’s dividend payment, matching the terms of the underlying RSU awards, including the same vesting conditions and overall structure.
What are dividend equivalent rights in the StoneCo (STNE) Form 4 filing?
Dividend equivalent rights are additional restricted stock units granted to mirror dividends on existing RSUs. For StoneCo, Thomas Ilg received 34,089 such units, credited at no cash cost, and they follow the same vesting and conditions as the original RSU awards they supplement.
What is Thomas Ilg’s total StoneCo (STNE) holding after this Form 4 transaction?
After the transaction, Thomas Gregor Ilg directly holds 223,211 units and shares of StoneCo common stock. This total includes both restricted stock units, each representing a contingent right to one share, and already-issued common shares held in his name.