THOR Industries (NYSE: THO) CIO reports 4,731 restricted stock units
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
THOR Industries’ Chief Information Officer Ryan Aaron Biren filed an initial ownership report showing 4,731 restricted stock units tied to the company’s common stock. These units may be settled in an equal number of shares and are subject to vesting and forfeiture conditions, so they are not yet fully owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Biren Ryan Aaron
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,731 shares (Direct)
Footnotes (1)
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FAQ
What did THOR Industries (THO) insider Ryan Aaron Biren report on this Form 3?
Ryan Aaron Biren, Chief Information Officer of THOR Industries, reported beneficial ownership of 4,731 restricted stock units. These units relate to common stock and are subject to vesting and forfeiture, meaning they convert into actual shares only if specified service or time conditions are met.
Does the THOR Industries (THO) Form 3 show any insider buying or selling?
The Form 3 does not show any explicit insider buying or selling transactions. It primarily records existing beneficial ownership of 4,731 restricted stock units, which is typical for an initial ownership statement for a newly reported executive officer.
What type of security is disclosed in the THOR Industries (THO) Form 3?
The security disclosed is common stock in the form of restricted stock units. Each unit may be settled only by delivering an equal number of THOR Industries common shares, and this settlement is contingent upon vesting and non-forfeiture conditions described in the award.
Is the ownership in the THOR Industries (THO) Form 3 direct or indirect?
The reported beneficial ownership is classified as direct. The Form 3 specifies direct ownership of the restricted stock units by the Chief Information Officer, with no indication that the units are held through a separate entity such as a trust, partnership, or family LLC.