TransUnion (NYSE: TRU) awards EVP 18,778 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abdelsadek Mohamed reported acquisition or exercise transactions in this Form 4 filing.
TransUnion executive Mohamed Abdelsadek received an equity award of 18,778 shares of common stock in the form of restricted stock units. The award was granted at no cash cost per share and increased his directly held common stock to 91,997 shares after the transaction.
The restricted stock units vest over time: 33% on August 27, 2027, another 33% on August 27, 2028, and the remaining 34% on August 27, 2029. This time-based vesting ties a significant portion of his compensation to the company’s long-term performance and his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Abdelsadek Mohamed
Role
EVP, Chief Global Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,778 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 91,997 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TransUnion (TRU) report for Mohamed Abdelsadek?
TransUnion reported that EVP and Chief Global Solutions officer Mohamed Abdelsadek received a grant of 18,778 restricted stock units. These units represent shares of common stock that will vest over several years, increasing his equity-based alignment with the company’s long-term performance.
What are the vesting dates for Mohamed Abdelsadek’s 18,778 TransUnion restricted stock units?
The 18,778 restricted stock units vest ratably over three future dates. 33% vest on August 27, 2027, another 33% on August 27, 2028, and the remaining 34% on August 27, 2029, creating a multi-year retention incentive.
What does the transaction code A mean in the TransUnion Form 4 for TRU?
Transaction code A on this Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects a compensation-related grant of 18,778 restricted stock units to executive Mohamed Abdelsadek, rather than a traditional open-market buy or sell transaction.