SMITH & WESSON (SWBI) officer receives stock awards and tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SMITH & WESSON BRANDS, INC. officer Kevin Alden reported routine equity compensation and related tax withholding transactions in the company’s common stock.
On May 1, 2026, he received an award of 27,612 shares of common stock at no cost and was granted 55,222 performance rights, each representing a contingent right to receive one share of common stock based on stock price performance over a three-year period. The filing notes that one-fourth of related restricted stock units vest on each of the first four anniversaries of the grant date, with shares delivered net of tax withholding.
To cover tax obligations related to vesting restricted stock units, the issuer withheld 6,854 shares of common stock on May 1, 2026 and 653 shares on May 2, 2026. These tax-withholding dispositions were not open-market sales. After these transactions, Alden directly held 121,635 shares of common stock and 55,222 performance rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Maxwell Kevin Alden
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 653 | $14.97 | $10K |
| Grant/Award | Performance Rights | 55,222 | $0.00 | -- |
| Grant/Award | Common Stock | 27,612 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,854 | $15.57 | $107K |
Holdings After Transaction:
Common Stock — 121,635 shares (Direct, null);
Performance Rights — 55,222 shares (Direct, null)
Footnotes (1)
- 1/4th of the RSUs shall vest on each of the first, second, third, and fourth annual anniversaries of the date of grant. Shares, net of tax withholding, will be delivered on each applicable vesting date. Includes 2,616 shares acquired under the Issuer's Employee Stock Purchase Plan on March 31, 2026. Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units. Each performance right represents a contingent right to recieve one share of the Issuer's common stock. The performance rights vest based on achievement of certain target performance of the Issuer's stock price over a three year period. The number represents the maximum number of shares that may be delivered pursuant to the award.
Key Figures
Common stock award: 27,612 shares
Performance rights granted: 55,222 rights
Tax withholding shares: 7,507 shares
+2 more
5 metrics
Common stock award
27,612 shares
Grant of common stock on May 1, 2026 at $0.00
Performance rights granted
55,222 rights
Each right contingently delivers one share; expires May 1, 2029
Tax withholding shares
7,507 shares
Issuer withheld 6,854 shares on May 1 and 653 on May 2, 2026
Shares held after transactions
121,635 shares
Direct common stock ownership following May 2, 2026 transactions
Performance rights position
55,222 rights
Total performance rights directly held after the award
Key Terms
restricted stock units, performance rights, Employee Stock Purchase Plan, tax withholding obligations, +1 more
5 terms
restricted stock units financial
"1/4th of the RSUs shall vest on each of the first, second, third, and fourth annual anniversaries"
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.
performance rights financial
"Each performance right represents a contingent right to recieve one share of the Issuer's common stock."
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
Employee Stock Purchase Plan financial
"Includes 2,616 shares acquired under the Issuer's Employee Stock Purchase Plan on March 31, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding obligations financial
"Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units."
contingent right financial
"Each performance right represents a contingent right to recieve one share of the Issuer's common stock."
FAQ
What insider transactions did Kevin Alden report for SMITH & WESSON (SWBI)?
Kevin Alden reported equity awards and related tax-withholding share dispositions. He received 27,612 shares of common stock and 55,222 performance rights, while 7,507 shares were withheld by the issuer to satisfy tax obligations tied to vesting restricted stock units.
What equity awards did Kevin Alden receive from SMITH & WESSON (SWBI)?
He received 27,612 shares of common stock as an equity award and 55,222 performance rights. The performance rights may convert into an equal number of shares based on the company’s stock price performance over a three-year measurement period.
How do the restricted stock units for SMITH & WESSON (SWBI) vest for Kevin Alden?
One-fourth of the restricted stock units vest on each of the first, second, third, and fourth anniversaries of the grant date. On each vesting date, shares are delivered net of tax withholding, meaning some shares are retained by the issuer to pay taxes.