SVV CIO exercises RSUs, surrenders shares for taxes
Savers Value Village Chief Information Officer T. Charles Hunsinger reported routine equity compensation activity involving restricted stock units (RSUs).
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Form Type
4
Rhea-AI Filing Summary
Savers Value Village Chief Information Officer T. Charles Hunsinger reported routine equity compensation activity involving restricted stock units (RSUs). On June 29, 2026, 20,333 RSUs vested and were converted into an equal number of common shares. In connection with this vesting, 5,663 shares of common stock were surrendered back to the company at $10.16 per share to cover tax withholding obligations, a non-market disposition. After these transactions, Hunsinger directly holds 42,059 shares of Savers Value Village common stock.
Insider Trade Summary
20,333 shares exercised/converted
Exercise
3 txns
Insider
Hunsinger T. Charles
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 20,333 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,333 | $10.16 | $207K |
| Exercise Price or Tax Liability | Common Stock | 5,663 | $10.16 | $58K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 42,059 shares (Direct)
Footnotes (4)
- F1. Represents vested shares of restricted stock units granted on June 29, 2023. Restricted stock units convert into common stock on a one-for-one basis
- F2. Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock units granted on June 29, 2023.
- F3. Each restricted stock unit ("RSU") represents the contingent right to receive, following vesting of the RSU, one share of the Registrant's common stock subject to the applicable vesting and settlement conditions.
- F4. Reflects an award of restricted stock units pursuant to the Savers Value Village Omnibus Incentive Compensation Plan that are scheduled to cliff-vest on the third anniversary of grant.
Key Figures
RSUs converted: 20,333 shares
Shares surrendered for taxes: 5,663 shares
Tax withholding price: $10.16 per share
+2 more
5 metrics
RSUs converted
20,333 shares
Restricted stock units vested and converted to common stock on June 29, 2026
Shares surrendered for taxes
5,663 shares
Surrendered to issuer to satisfy tax withholding at $10.16 per share
Tax withholding price
$10.16 per share
Value used for shares surrendered to cover tax obligations
Shares owned after transactions
42,059 shares
Direct common stock holdings following RSU vesting and tax withholding
Derivative exercises
20,333 shares
Exercise/conversion of RSUs into common stock reported as derivative transaction
Key Terms
restricted stock units, tax withholding obligations, RSU, Omnibus Incentive Compensation Plan, +1 more
5 terms
restricted stock units financial
"Represents vested shares of restricted stock units granted on June 29, 2023."
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.
tax withholding obligations financial
"Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting"
RSU financial
"Each restricted stock unit ("RSU") represents the contingent right to receive, following vesting"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Omnibus Incentive Compensation Plan financial
"Reflects an award of restricted stock units pursuant to the Savers Value Village Omnibus Incentive Compensation Plan"
An omnibus incentive compensation plan is a single, flexible program that lets a company grant different kinds of pay — such as cash bonuses, stock options, restricted stock, or performance awards — to employees, executives and directors. Investors care because the plan affects how much ownership can be given away (dilution), how much the company spends on pay, and whether executives’ goals are aligned with shareholders, much like a menu that decides what rewards staff can pick and how costly they are.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SVV CIO T. Charles Hunsinger report?
Hunsinger reported RSU vesting and related share movements. 20,333 restricted stock units converted into common shares, and 5,663 shares were surrendered to cover tax withholding. These are compensation-linked, not open-market, transactions.
How do the RSUs for the SVV CIO convert into common stock?
Each restricted stock unit represents the right to receive one share of Savers Value Village common stock upon vesting, on a one-for-one basis, subject to the plan’s vesting and settlement conditions.
Were any RSUs remaining for the SVV CIO after this Form 4 event?
The reported RSU award of 20,333 units was fully converted into common stock, leaving zero RSUs from that particular grant outstanding after the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
