Sypris Solutions (SYPR) VP receives 22,500 RSU grant under 2025 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Petrie Curtis S reported acquisition or exercise transactions in this Form 4 filing.
SYPRIS SOLUTIONS INC reported that its VP of Administration, Curtis S. Petrie, received a grant of 22,500 Restricted Stock Units (RSUs) under the 2025 Sypris Omnibus Plan. Each RSU represents a contingent right to receive one share of common stock.
The RSUs vest in full on the three-year anniversary of the grant, if Petrie remains employed by the company on that vesting date. Following this award, Petrie holds 22,500 RSUs directly, reflecting a compensation-related, non-cash equity grant rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Petrie Curtis S
Role
VP of Administration
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 22,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 22,500 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units ("RSUs") under the 2025 Sypris Omnibus Plan. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs shall vest in full on the three-year anniversary date of the grant, provided that the Reporting Person remains employed by the Issuer on such vesting date.
Key Figures
RSUs granted: 22,500 RSUs
RSUs post-transaction: 22,500 RSUs
Vesting schedule: Three-year anniversary
3 metrics
RSUs granted
22,500 RSUs
Grant under 2025 Sypris Omnibus Plan
RSUs post-transaction
22,500 RSUs
Total RSUs held after award
Vesting schedule
Three-year anniversary
Full vesting if still employed on vesting date
Key Terms
Restricted Stock Units, 2025 Sypris Omnibus Plan, vest in full, contingent right
4 terms
Restricted Stock Units financial
"Grant of restricted stock units ("RSUs") under the 2025 Sypris Omnibus Plan."
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.
2025 Sypris Omnibus Plan financial
"Grant of restricted stock units ("RSUs") under the 2025 Sypris Omnibus Plan."
vest in full financial
"The RSUs shall vest in full on the three-year anniversary date of the grant"
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
FAQ
What insider transaction did SYPR VP Curtis S. Petrie report on Form 4 for SYPR?
Curtis S. Petrie received 22,500 Restricted Stock Units (RSUs). The grant was made under the 2025 Sypris Omnibus Plan and is a compensation-related equity award, not an open-market stock purchase or sale by the executive.
How many SYPR Restricted Stock Units were granted to Curtis S. Petrie?
Petrie was granted 22,500 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Sypris Solutions common stock, subject to the vesting conditions described in the award terms and related plan documents.
When do Curtis S. Petrie’s SYPR RSUs vest according to the Form 4 filing?
The RSUs vest in full on the three-year anniversary of the grant date. Vesting requires that Petrie remain employed by Sypris Solutions on that vesting date, making continued service a condition for receiving the underlying common shares.
What does each RSU granted to Curtis S. Petrie by SYPR represent?
Each RSU represents a contingent right to receive one share of common stock. Actual delivery of Sypris Solutions shares occurs only if the vesting conditions are satisfied, so the award is initially a promise of future stock rather than immediate share ownership.
How many SYPR RSUs does Curtis S. Petrie hold after this grant?
After the transaction, Petrie holds 22,500 RSUs directly. This total matches the grant amount reported, and there are no additional derivative positions listed in the filing beyond this award of Restricted Stock Units.