Sypris Solutions (SYPR) CEO Jeffrey Gill receives 50,000 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GILL JEFFREY T reported acquisition or exercise transactions in this Form 4 filing.
Sypris Solutions President and CEO Jeffrey T. Gill received a grant of 50,000 Restricted Stock Units as equity compensation. Each RSU represents a contingent right to receive one share of Sypris common stock under the 2025 Sypris Omnibus Plan.
The RSUs vest in full on the three-year anniversary of the grant date, as long as Gill remains employed with the company on that vesting date. Following this award, he is reported as holding 50,000 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GILL JEFFREY T
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 50,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 50,000 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
RSU grant size: 50,000 RSUs
Underlying common shares: 50,000 shares
Exercise price: $0.0000 per RSU
+2 more
5 metrics
RSU grant size
50,000 RSUs
Grant of Restricted Stock Units to CEO Jeffrey Gill
Underlying common shares
50,000 shares
Each RSU represents one share of common stock
Exercise price
$0.0000 per RSU
Grant, award, or other acquisition of RSUs
Post-grant RSU holdings
50,000 RSUs
Total RSUs directly held following this transaction
Vesting period
Three years
RSUs vest on the three-year anniversary of the grant date
Key Terms
Restricted Stock Units, 2025 Sypris Omnibus Plan, contingent right, vest in full, +1 more
5 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."
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock of the Issuer."
vest in full financial
"The RSUs shall vest in full on the three-year anniversary date of the grant."
Reporting Person regulatory
"provided that the Reporting Person remains employed by the Issuer on such vesting date."
FAQ
What equity award did SYPR CEO Jeffrey Gill receive according to the Form 4?
Jeffrey Gill received a grant of 50,000 Restricted Stock Units as equity compensation. Each RSU represents a contingent right to receive one share of Sypris Solutions common stock under the 2025 Sypris Omnibus Plan.
When do Jeffrey Gill’s 50,000 SYPR Restricted Stock Units vest?
The 50,000 Restricted Stock Units vest in full on the three-year anniversary of the grant date. Vesting requires that Jeffrey Gill remain employed by Sypris Solutions on that vesting date, creating a long-term retention incentive.
What does each SYPR Restricted Stock Unit granted to Jeffrey Gill represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Sypris Solutions common stock. Delivery of the shares is conditioned on the RSUs vesting under the terms described, including the three-year service requirement.
How many SYPR Restricted Stock Units does Jeffrey Gill hold after this grant?
After this grant, Jeffrey Gill is reported as holding 50,000 Restricted Stock Units directly. These RSUs are tied to future delivery of Sypris Solutions common shares, subject to the vesting condition over the three-year period.
Under which plan were Jeffrey Gill’s SYPR RSUs granted?
The 50,000 Restricted Stock Units were granted under the 2025 Sypris Omnibus Plan. This plan governs equity compensation awards, including RSUs, and sets the terms under which Gill can ultimately receive Sypris Solutions common stock.