Sypris Solutions (SYPR) director receives grant of 40,000 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GILL R SCOTT reported acquisition or exercise transactions in this Form 4 filing.
Sypris Solutions director and significant shareholder R Scott Gill received a grant of 40,000 restricted stock units as equity compensation. Each unit represents a right to one share of common stock. The award was made under the 2025 Sypris Omnibus Plan and Directors' Compensation Program and will vest in full on June 16, 2028, if he continues serving as a director through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GILL R SCOTT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 40,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 40,000 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. 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
RSUs granted: 40,000 units
Underlying shares: 40,000 shares
Exercise price: $0.0000 per unit
+2 more
5 metrics
RSUs granted
40,000 units
Grant of restricted stock units to R Scott Gill
Underlying shares
40,000 shares
Each RSU equals one share of common stock
Exercise price
$0.0000 per unit
Grant/award acquisition, no purchase price
Vesting date
June 16, 2028
100% vesting if he remains a director
RSUs after transaction
40,000 units
Total derivative holdings reported following grant
Key Terms
Restricted Stock Units, 2025 Sypris Omnibus Plan, Directors' Compensation Program, restricted stock unit ("RSU"), +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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
"The RSUs are granted pursuant to the 2025 Sypris Omnibus Plan"
Directors' Compensation Program financial
"and the Directors' Compensation Program, which will vest 100% on June 16, 2028"
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
contingent right financial
"represents a contingent right to receive one share of common stock"
FAQ
What insider transaction did SYPR director R Scott Gill report on this Form 4?
R Scott Gill reported receiving a grant of 40,000 restricted stock units from Sypris Solutions as equity compensation. These units are tied to the company’s common stock and were awarded under the 2025 Sypris Omnibus Plan and the Directors' Compensation Program.
When do R Scott Gill’s 40,000 SYPR restricted stock units vest?
The 40,000 restricted stock units are scheduled to vest 100% on June 16, 2028. Vesting occurs only if R Scott Gill remains a director of Sypris Solutions through that vesting date, making the award fully service-based over the four-year period.
What plan governs the new RSU award to SYPR director R Scott Gill?
The restricted stock units were granted under the 2025 Sypris Omnibus Plan and the company’s Directors' Compensation Program. These plans set the terms for director equity awards, including vesting, settlement into common stock, and the service conditions attached to the grant.