Director Brian Ames converts 9,090 RSUs at Savers Value Village (NYSE: SVV)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Savers Value Village director Brian Ames reported an equity award transaction. He exercised 9,090 restricted stock units, which converted into 9,090 shares of common stock at a price of $0.00 per share, reflecting the settlement of previously granted RSUs that vest after service-based conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,090 shares exercised/converted
Mixed
2 txns
Insider
Ames Brian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 9,090 | $0.00 | -- |
| Exercise | Common Stock | 9,090 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 9,090 shares (Direct)
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. RSUs vest in a single installment on the three-month anniversary of the grant date subject to completion of services.
FAQ
What insider transaction did Brian Ames report at SVV?
Brian Ames reported exercising restricted stock units into common shares. He converted 9,090 RSUs into 9,090 shares of Savers Value Village common stock, reflecting settlement of a prior equity award rather than an open-market stock purchase or sale.
What is a restricted stock unit (RSU) in the SVV Form 4 filing?
A restricted stock unit represents a contingent right to receive one share of common stock. For Savers Value Village, each RSU converts into one common share after vesting and settlement conditions tied to continued service are satisfied, as described in the Form 4 footnotes.
When do the Savers Value Village RSUs reported by Brian Ames vest?
The reported RSUs vest in a single installment on the three-month anniversary of the grant date. Vesting is subject to completion of services, meaning Brian Ames must satisfy service-based conditions before receiving Savers Value Village common shares.
Did Brian Ames buy or sell Savers Value Village stock on the market?
The filing shows an RSU exercise, not a market trade. Brian Ames acquired 9,090 Savers Value Village common shares through conversion of restricted stock units at $0.00 per share, rather than buying or selling shares on the open market.