SunCoke Energy (SXC) director receives 21,652 RSUs as board award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SunCoke Energy, Inc. director Susan R. Landahl received a grant of 21,652 restricted share units as board compensation. The award was granted under 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 her Board service, with a 1-for-1 conversion rate into common shares. After this grant, she directly holds 75,214 restricted share units representing the same number of underlying common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Landahl Susan R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSUs (Director) | 21,652 | $0.00 | -- |
Holdings After Transaction:
RSUs (Director) — 75,214 shares (Direct, null)
Footnotes (1)
- 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. Conversion rate is 1 for 1. Not applicable.
Key Figures
RSU grant size: 21,652 RSUs
Total RSUs after grant: 75,214 RSUs
Conversion rate: 1-for-1
3 metrics
RSU grant size
21,652 RSUs
Grant to director Susan R. Landahl on 2026-05-14
Total RSUs after grant
75,214 RSUs
Director’s direct holdings following the transaction
Conversion rate
1-for-1
Each RSU converts into one share of common stock
Key Terms
restricted share units, Omnibus Long-Term Incentive Plan, Rule 16b-3, conversion rate is 1 for 1
4 terms
Omnibus Long-Term Incentive Plan financial
"awarded pursuant to the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan in a transaction exempt under Rule 16b-3"
Rule 16b-3 regulatory
"in a transaction exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
conversion rate is 1 for 1 financial
"Conversion rate is 1 for 1."
FAQ
What insider transaction did SunCoke Energy (SXC) report for Susan R. Landahl?
SunCoke Energy reported that director Susan R. Landahl received a grant of 21,652 restricted share units. The grant was made as a board compensation award under the company’s Omnibus Long-Term Incentive Plan and is classified as a grant, award, or other acquisition.
How many SunCoke Energy (SXC) RSUs did Susan R. Landahl receive and what are her total holdings?
Susan R. Landahl received 21,652 restricted share units in this transaction. Following the grant, she directly holds a total of 75,214 restricted share units, each representing one underlying share of SunCoke Energy common stock based on the stated 1-for-1 conversion rate.
When will Susan R. Landahl’s SunCoke Energy (SXC) RSUs be settled into common stock?
The restricted share units granted to Susan R. Landahl will be settled in SunCoke Energy common stock following termination of her Board service. This means she receives actual common shares only after her board tenure ends, consistent with the plan’s settlement terms described.
Under which plan were Susan R. Landahl’s SunCoke Energy (SXC) RSUs granted?
Her restricted share units were granted under the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan. The filing notes this grant as a transaction exempt under Rule 16b-3, which typically covers certain board and executive compensation-related equity awards for regulatory purposes.