Director Andre J. Hawaux of Tractor Supply (TSCO) receives 5,712 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tractor Supply Company director Andre J. Hawaux received an equity grant of 5,712 shares of common stock in the form of restricted stock units (RSUs). The grant was made at no cash cost to him as compensation, not as an open-market purchase.
Each RSU converts into one share of Tractor Supply common stock and the RSUs vest one year from the grant date, meaning he must remain eligible through that period to receive the shares. After this award, Hawaux directly holds a total of 15,285 Tractor Supply shares, showing this grant is a moderate addition to his existing stake rather than a large new position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hawaux Andre J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 5,712 | $0.00 | -- |
Holdings After Transaction:
Common stock — 15,285 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 5,712 shares
Grant price: $0.0000 per share
Post-transaction holdings: 15,285 shares
+1 more
4 metrics
RSU grant size
5,712 shares
Restricted stock unit award of common stock
Grant price
$0.0000 per share
Equity compensation, not an open-market purchase
Post-transaction holdings
15,285 shares
Total direct Tractor Supply common stock held after grant
Vesting period
One year
RSUs vest one year from grant date
Key Terms
restricted stock units (RSUs), 2018 Stock Incentive Plan, vest
3 terms
restricted stock units (RSUs) financial
"Shares were acquired pursuant to a grant of restricted stock units (RSUs) under the Tractor Supply Company 2018 Stock Incentive Plan."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
2018 Stock Incentive Plan financial
"Shares were acquired pursuant to a grant of restricted stock units (RSUs) under the Tractor Supply Company 2018 Stock Incentive Plan."
vest financial
"The RSUs vest one year from the date of the grant."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Tractor Supply (TSCO) director Andre J. Hawaux report in this Form 4?
Andre J. Hawaux reported receiving 5,712 shares of Tractor Supply common stock through a restricted stock unit grant. This was a compensation award, not an open-market purchase, increasing his direct holdings to 15,285 shares after the transaction.
Was the Tractor Supply (TSCO) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant of restricted stock units, not a stock purchase. Hawaux received 5,712 RSUs at no cash price as part of equity compensation, with each RSU convertible into one Tractor Supply common share.
What are the vesting terms of the Tractor Supply (TSCO) RSUs granted to Andre J. Hawaux?
The RSUs granted to Hawaux vest one year from the grant date. Each restricted stock unit entitles him to receive one share of Tractor Supply common stock upon vesting, provided he continues to satisfy the applicable service or eligibility conditions.
Under which plan were the Tractor Supply (TSCO) RSUs to Andre J. Hawaux granted?
The RSUs were granted under the Tractor Supply Company 2018 Stock Incentive Plan. This plan allows the company to provide equity-based compensation such as restricted stock units, with each RSU in this grant convertible into one share of common stock at vesting.