Savers Value Village (NYSE: SVV) awards 13,655 RSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Collver Robyn A. reported acquisition or exercise transactions in this Form 4 filing.
Savers Value Village, Inc. director Robyn A. Collver received a grant of 13,655 restricted stock units. Each RSU represents the right to receive one share of common stock after it vests. The RSUs vest on the earlier of the first anniversary of grant or the next annual meeting of stockholders, and Collver has elected to defer delivery of the shares until separation from service or a change of control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Collver Robyn A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,655 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 13,655 shares (Direct, null)
Footnotes (1)
- 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. Restricted stock units ("RSUs") vest on the earlier of (i) the first anniversary of grant or (ii) the next annual meeting of stockholders. The reporting person has elected to defer receiving shares of common stock upon vesting of these RSUs until separation from service or change of control in accordance with the Reporting Person's deferral election.
Key Figures
RSUs granted: 13,655 units
Underlying common shares: 13,655 shares
Exercise price: $0.00 per unit
+1 more
4 metrics
RSUs granted
13,655 units
Restricted stock unit grant to director Robyn A. Collver
Underlying common shares
13,655 shares
Each RSU represents one share of common stock
Exercise price
$0.00 per unit
Grant of RSUs as compensation, no exercise price
Total derivative holdings after grant
13,655 units
Total RSUs held following this transaction
Key Terms
Restricted Stock Units, vesting, deferral election, change of control
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents the contingent right to receive..."
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.
vesting financial
"Restricted stock units ("RSUs") vest on the earlier of (i) the first anniversary..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
deferral election financial
"The reporting person has elected to defer receiving shares of common stock upon vesting..."
change of control financial
"until separation from service or change of control in accordance with the Reporting Person's deferral election."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
FAQ
What insider transaction did Savers Value Village (SVV) report for Robyn A. Collver?
Savers Value Village reported that director Robyn A. Collver received a grant of 13,655 restricted stock units. These RSUs are a form of equity compensation that can convert into common shares once vesting and settlement conditions are satisfied.
How many restricted stock units did SVV grant to director Robyn A. Collver?
Robyn A. Collver was granted 13,655 restricted stock units. Each RSU represents the contingent right to receive one share of Savers Value Village common stock after vesting, subject to the applicable vesting and settlement conditions described in the award terms.
When do Robyn A. Collver’s RSUs at Savers Value Village vest?
The RSUs vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders. This structure ties vesting to either a time-based schedule or the company’s regular governance cycle, whichever occurs first under the award terms.
What does Robyn A. Collver’s deferral election mean for her SVV RSUs?
Collver elected to defer receiving common shares upon vesting of the RSUs until separation from service or a change of control. This means the units may vest earlier, but actual share delivery is postponed according to her deferral election and the plan’s settlement rules.
What does each RSU granted to Robyn A. Collver at SVV represent?
Each restricted stock unit represents a contingent right to receive one share of Savers Value Village common stock after vesting. Delivery of shares is subject to vesting, settlement conditions, and Collver’s deferral election tied to separation from service or a change of control.