Sypris director granted 40,000 RSUs
Convis Gary L reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Convis Gary L reported acquisition or exercise transactions in this Form 4 filing.
Sypris Solutions director Gary L. Convis received a grant of 40,000 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Sypris common stock. The award was granted at no cash cost and brings his reported RSU holdings to 40,000 units.
The RSUs were granted under the 2025 Sypris Omnibus Plan and the Directors' Compensation Program. They are scheduled to vest 100% on June 16, 2028, provided he continues to serve as a director through that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 40,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer.
- F2. The RSUs are granted pursuant to the 2025 Sypris Omnibus Plan and the Directors' Compensation Program, which will vest 100% on June 16, 2028, provided that the Reporting Person remains a director of the Issuer on such vesting date.
Key Figures
Key Terms
Restricted Stock Units financial
RSU financial
2025 Sypris Omnibus Plan financial
Directors' Compensation Program financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SYPR director Gary L. Convis report on this Form 4?
How many Sypris Solutions (SYPR) restricted stock units were granted to Gary L. Convis?
When do Gary L. Convis’s SYPR restricted stock units vest?
What does each restricted stock unit mean for SYPR’s Gary L. Convis?
Under which plan were the 40,000 SYPR restricted stock units granted to Gary L. Convis?
AI-generated analysis. How Rhea-AI works. Not financial advice.