Director at Thryv (THRY) receives 38,258 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orfanos Lou reported acquisition or exercise transactions in this Form 4 filing.
Thryv Holdings, Inc. director Lou Orfanos reported an equity compensation grant in the form of 38,258 restricted stock units tied to common shares on June 11, 2026. The units were granted under the company’s 2020 Incentive Award Plan at no cash cost and will vest in full on June 11, 2027. Following this award, Orfanos directly holds 54,293 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Orfanos Lou
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 38,258 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 54,293 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 38,258 shares
Post-transaction holdings: 54,293 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSUs granted
38,258 shares
Restricted stock units awarded to director on June 11, 2026
Post-transaction holdings
54,293 shares
Common shares directly held after the grant
Grant price per share
$0.00 per share
Equity compensation award, no cash paid by director
Vesting date
June 11, 2027
RSUs vest in full on this date under 2020 plan
Key Terms
restricted stock units, 2020 Incentive Award Plan, vest in full
3 terms
restricted stock units financial
"These restricted stock units were granted under the Issuer's 2020 Incentive Award 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.
2020 Incentive Award Plan financial
"granted under the Issuer's 2020 Incentive Award Plan and will vest in full"
vest in full financial
"and will vest in full on June 11, 2027"
FAQ
What insider transaction did Thryv (THRY) report for Lou Orfanos?
Thryv reported that director Lou Orfanos received 38,258 restricted stock units tied to common shares as an equity award. The grant was recorded at zero exercise price and increased his direct holdings to 54,293 common shares after the transaction.
When do Lou Orfanos’s new Thryv (THRY) restricted stock units vest?
The 38,258 restricted stock units granted to Lou Orfanos will vest in full on June 11, 2027. Vesting means the units convert into common shares that he owns outright, subject to the company’s 2020 Incentive Award Plan terms.
Was cash involved in Lou Orfanos’s latest Thryv (THRY) equity grant?
No cash changed hands in this grant; the restricted stock units were awarded at a price of $0.00 per share. This indicates a compensation-related equity award under Thryv’s 2020 Incentive Award Plan rather than an open-market purchase of stock.
Under which plan were Lou Orfanos’s Thryv (THRY) RSUs granted?
The 38,258 restricted stock units granted to Lou Orfanos were issued under Thryv Holdings, Inc.’s 2020 Incentive Award Plan. This plan governs how equity-based compensation is awarded and sets the vesting schedule and other key conditions for these units.