Sypris Solutions (SYPR) SVP and Treasurer receives 20,000 RSU grant tied to common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DAVIS RICHARD L reported acquisition or exercise transactions in this Form 4 filing.
Sypris Solutions reported that SVP and Treasurer Richard L. Davis received a grant of 20,000 restricted stock units 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 Davis remains employed by the company on that date. Following this compensation grant, he holds 20,000 derivative securities directly tied to common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DAVIS RICHARD L
Role
SVP and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 20,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 20,000 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: 20,000 units
Underlying common shares: 20,000 shares
Vesting period: Three-year anniversary
+2 more
5 metrics
RSUs granted
20,000 units
Grant of restricted stock units to SVP and Treasurer
Underlying common shares
20,000 shares
Each RSU equals one share of common stock
Vesting period
Three-year anniversary
RSUs vest in full after three years of continued employment
Post-grant derivative holdings
20,000 units
Total RSUs held following this transaction
Grant price per unit
$0.00 per unit
Compensation award with no cash paid by the executive
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 did Sypris Solutions (SYPR) disclose in this Form 4 for Richard L. Davis?
Sypris Solutions reported that SVP and Treasurer Richard L. Davis received 20,000 restricted stock units as a compensation grant. These RSUs were issued under the 2025 Sypris Omnibus Plan and give him a contingent right to an equal number of common shares.
How many restricted stock units were granted to the Sypris (SYPR) executive?
Richard L. Davis was granted 20,000 restricted stock units. Each unit represents a contingent right to receive one share of Sypris Solutions common stock, making the award economically equivalent to 20,000 potential future shares, subject to vesting conditions being met.
What are the vesting terms of the RSUs granted to the Sypris (SYPR) SVP and Treasurer?
The restricted stock units vest in full on the three-year anniversary of the grant date. Vesting occurs only if Richard L. Davis remains employed by Sypris Solutions on that vesting date, tying the award to continued service with the company.
Under which plan were the Sypris (SYPR) RSUs to Richard L. Davis granted?
The 20,000 RSUs were granted under the 2025 Sypris Omnibus Plan. This plan governs stock-based compensation awards such as restricted stock units, providing a framework for equity incentives tied to Sypris Solutions common stock for eligible participants.
How many derivative securities does the Sypris (SYPR) executive hold after this RSU grant?
After the grant, Richard L. Davis holds 20,000 derivative securities in the form of restricted stock units. These RSUs are directly linked to Sypris Solutions common stock and will convert into shares if and when the vesting conditions are satisfied.