SunCoke director receives 36,585 RSU award
SunCoke Energy, Inc. director Ralph M. Della Ratta Jr. received a grant of 36,585 restricted share units as director compensation.
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Rhea-AI Filing Summary
SunCoke Energy, Inc. director Ralph M. Della Ratta Jr. received a grant of 36,585 restricted share units as director compensation. These RSUs were awarded at no cash cost under the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan and will convert into an equal number of common shares on a one-for-one basis. Settlement will occur in shares of common stock after his Board service ends. Following this award, he directly holds 73,175 RSUs representing rights to the same number of common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSUs (Director) | 36,585 | $0.00 | $0.00 |
Footnotes (3)
- F1. Grant of restricted share units awarded pursuant to the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan in a transaction exempt under Rule 16b-3. The restricted share units will be settled in shares of common stock following termination of Board service.
- F2. Conversion rate is 1 for 1.
- F3. Not applicable.
Key Figures
Key Terms
Omnibus Long-Term Incentive Plan financial
Rule 16b-3 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SunCoke Energy (SXC) director Ralph Della Ratta Jr. report on this Form 4?
How many SunCoke Energy (SXC) RSUs does Ralph Della Ratta Jr. hold after this grant?
What are the key terms of the RSU grant to the SunCoke Energy (SXC) director?
Does the SunCoke Energy (SXC) Form 4 indicate a stock purchase or sale by the director?
When will the SunCoke Energy (SXC) director’s RSUs from this grant be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.