Tandy Leather director exercises RSUs, gets stock grant
Tandy Leather Factory director Diana Saadeh-Jajeh increased her equity stake through compensation-related awards, not open-market trading.
Rhea-AI Filing Summary
Tandy Leather Factory director Diana Saadeh-Jajeh increased her equity stake through compensation-related awards, not open-market trading. On June 9, 2026, she exercised 5,902 restricted stock units (RSUs) into an equal number of TLF common shares at no cash price to her.
The same day, the Board of Directors awarded her an additional 6,035 common shares. Footnotes explain that earlier RSU grants of 3,132 units in 2024 and 4,336 units in 2025 were scheduled to vest over four years, but on June 9, 2026 the Administrative Committee accelerated vesting of all remaining unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,902 shares exercised/converted
Exercise
3 txns
Insider
Saadeh-Jajeh Diana
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,902 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,035 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,902 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 13,503 shares (Direct)
Footnotes (3)
- F1. Represents common stock awarded by the Board of Directors on June 9, 2026.
- F2. Each restricted stock unit represents a contingent right to receive one share of TLF common stock upon vesting.
- F3. On June 4, 2024, the reporting person was granted 3,132 restricted stock units vesting in four annual installments and on June 10, 2025, the reporting person was granted 4,336 restricted stock units vesting in four annual installments. On June 9, 2026, the Administrative Committee accelerated vesting of all unvested restricted stock units.
Key Figures
RSUs exercised: 5,902 units
Board stock grant: 6,035 shares
2024 RSU grant: 3,132 units
+2 more
5 metrics
RSUs exercised
5,902 units
Exercised into 5,902 TLF common shares on June 9, 2026
Board stock grant
6,035 shares
Common stock awarded by Board on June 9, 2026
2024 RSU grant
3,132 units
Granted June 4, 2024, vesting in four annual installments
2025 RSU grant
4,336 units
Granted June 10, 2025, vesting in four annual installments
RSU remaining balance
0 units
Restricted stock units remaining after 5,902-unit exercise
Key Terms
Restricted Stock Unit, accelerated vesting, grant, award, or other acquisition, derivative security
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of TLF common stock upon vesting."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
accelerated vesting financial
"On June 9, 2026, the Administrative Committee accelerated vesting of all unvested restricted stock units."
A contract feature that makes stock awards, options, or restricted shares become owned or exercisable earlier than the original schedule. It shortens or cancels the waiting period so recipients can sell, transfer, or exercise their equity sooner — think of a timed lock that is unlocked ahead of schedule. It matters to investors because it changes when shares enter the market, who controls them, and how much dilution or ownership concentration happens.
grant, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition."
derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did TLF director Diana Saadeh-Jajeh report on June 9, 2026?
Diana Saadeh-Jajeh reported equity compensation transactions on June 9, 2026. She exercised 5,902 restricted stock units into common stock and received a separate board-awarded grant of 6,035 common shares, all at no cash cost to her.
What new stock grant did the TLF board award to Diana Saadeh-Jajeh?
The Board of Directors awarded her 6,035 shares of TLF common stock on June 9, 2026. This grant was recorded as a “grant, award, or other acquisition” with a per-share transaction price of $0.0000, indicating a compensation-related award.
What were the original vesting terms of Saadeh-Jajeh’s TLF restricted stock units?
She was granted 3,132 restricted stock units on June 4, 2024 and 4,336 units on June 10, 2025, each vesting in four annual installments. On June 9, 2026, the Administrative Committee accelerated vesting of all remaining unvested restricted stock units.
Did the Form 4 indicate any remaining RSU holdings for TLF director Saadeh-Jajeh?
The derivative transaction table shows 5,902 restricted stock units exercised into common stock with zero units remaining. Coupled with the accelerated vesting footnote, this indicates the previously granted RSUs were fully vested and exercised as of June 9, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
