THOR Industries grants director 2,912 stock units
The units will fully vest on October 13, 2027, subject to forfeiture.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
THOR Industries (THO) director Peter Busch Orthwein received a grant of 2,912 restricted stock units on October 13, 2026. The units may be settled only by delivery of an equal number of common shares and will fully vest on October 13, 2027, subject to forfeiture. His reported direct holdings after the transaction were 902,145 shares; a footnote says this amount reflects a transfer of 161,104 shares from his grantor retained annuity trust. Other listed indirect holdings include shares held for his spouse and by the Peter Orthwein Irrevocable Trust, Trust FBO Peter B. Orthwein, Adolphus Busch Orthwein Trusts, and PBO-BMO Descendants Trust.
Insider Trade Summary
Grant/Award: 2,912 shares
Grant/Award
9 txns
Insider
ORTHWEIN PETER BUSCH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 2,912 | $0.00 | $0.00 |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5, F6 | -- | -- | -- |
| holding | Common Stock F7 | -- | -- | -- |
| holding | Common Stock F8 | -- | -- | -- |
| holding | Common Stock F9 | -- | -- | -- |
| holding | Common Stock F10 | -- | -- | -- |
| holding | Common Stock F11 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 902,145 shares (Direct);
Common Stock — 927,449 shares (Indirect, See Note)
Footnotes (11)
- F1. The transaction reported is a grant of restricted stock units that may be settled only by delivery of an equal number of shares of common stock. The shares will fully vest on October 13, 2027, the first anniversary of the date of grant, subject to forfeiture.
- F2. Reflects the transfer of 161,104 shares from the reporting person's grantor retained annuity trust.
- F3. These shares are held by the Peter Orthwein Irrevocable Trust, dated December 3, 2020, for the benefit of the reporting person's descendants. The reporting person is the settlor of the trust. An unaffiliated third-party serves as the trustee of the trust, but the reporting person retains certain investment control over the reported shares.
- F4. These shares are held for the account of the reporting person's spouse.
- F5. Reflects the transfer of 161,104 shares to the reporting person's direct ownership.
- F6. These shares are held by the reporting person's grantor retained annuity trust.
- F7. These shares are held for the account of a trust for the benefit of the reporting person's half-brother. The reporting person is one of the trustees of the trust.
- F8. These shares are held for the account of the Trust FBO Peter B. Orthwein, of which the reporting person is the trustee and beneficiary.
- F9. These shares are held for the account of the Adolphus Busch Orthwein Trust for the benefit of the reporting person's children. The reporting person is the trustee of the trust.
- F10. These shares are held for the account of the Adolphus Busch Orthwein Trust for the benefit of the reporting person, of which the reporting person is the trustee and beneficiary.
- F11. These shares are held for the account of the PBO-BMO Descendants Trust, of which the reporting person is the sole trustee and of which the reporting person's three youngest children are the beneficiaries. The reporting person disclaims beneficial ownership of the shares except to the extent of the pecuniary interest of the reporting person, his spouse and his three youngest children in the shares.
Key Figures
Restricted stock units granted: 2,912 restricted stock units
Direct common shares held: 902,145 shares
Shares transferred from grantor retained annuity trust: 161,104 shares
+1 more
4 metrics
Restricted stock units granted
2,912 restricted stock units
Award reported on October 13, 2026
Direct common shares held
902,145 shares
Reported after the October 13, 2026 transaction
Shares transferred from grantor retained annuity trust
161,104 shares
Transfer reflected in reported direct holdings
Vesting date
October 13, 2027
The units will fully vest on this date, subject to forfeiture
Key Terms
restricted stock units, grantor retained annuity trust, fully vest, forfeiture
4 terms
restricted stock units financial
"grant of restricted stock units that may be settled only by delivery"
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.
grantor retained annuity trust financial
"transfer of 161,104 shares from the reporting person's grantor retained annuity trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
fully vest financial
"shares will fully vest on October 13, 2027"
forfeiture financial
"the first anniversary of the date of grant, subject to forfeiture"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many restricted stock units did THO director Peter Busch Orthwein receive?
Peter Busch Orthwein received 2,912 restricted stock units on October 13, 2026. They may be settled only by delivery of an equal number of common shares and will fully vest on October 13, 2027, subject to forfeiture.
AI-generated analysis. How Rhea-AI works. Not financial advice.
