Edna Morris (TSCO) awarded 9,174 RSUs and updates direct and trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tractor Supply director Edna Morris reported an equity award and updated her share holdings. She received 9,174 shares of common stock at no cost through a grant of restricted stock units under the Tractor Supply Company 2018 Stock Incentive Plan, with each RSU converting into one share and vesting one year from the grant date.
After this grant, she holds 14,335 shares directly and 278,160 shares indirectly through a revocable trust. Footnotes explain prior transfers between direct and trust ownership, as well as earlier gift and sale transactions that are now being reflected in the indirect ownership totals.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MORRIS EDNA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 9,174 | $0.00 | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 14,335 shares (Direct, null);
Common stock — 278,160 shares (Indirect, Revocable Trust)
Footnotes (1)
- Shares were acquired pursuant to a grant of restricted stock units (RSUs) under the Tractor Supply Company 2018 Stock Incentive Plan. Each RSU entitles the reporting person to receive one share of common stock. The RSUs vest one year from the date of the grant. Direct Ownership reflects a transfer of 4,985 shares from Direct Ownership to Indirect Ownership (Revocable Trust) on 7/21/2025 and a correction of a transfer of 9,580 shares from Direct Ownership to Indirect Ownership (Revocable Trust) on 1/30/2020. Indirect Ownership reflects a transfer of 4,985 shares from Direct Ownership to Indirect Ownership (Revocable Trust) on 7/21/2025, as well as a correction of the following transactions not previously reported on a Form 4: 1) Disposal of 90 shares as a gift on 4/21/2020, 2) Disposal of 32,170 shares through sale on 10/28/2022, 3) Transfer of 9,580 shares from Direct Ownership to Indirect Ownership (Revocable Trust) on 1/30/2020.
Key Figures
RSU grant size: 9,174 shares
RSU grant price: $0.0000 per share
Direct holdings after grant: 14,335 shares
+4 more
7 metrics
RSU grant size
9,174 shares
Restricted stock units granted under 2018 Stock Incentive Plan
RSU grant price
$0.0000 per share
Equity award, not an open-market purchase
Direct holdings after grant
14,335 shares
Common stock held directly following RSU grant
Indirect holdings after updates
278,160 shares
Common stock held indirectly via revocable trust
Gifted shares noted
90 shares
Prior gift transaction now reflected in indirect ownership
Prior sale noted
32,170 shares
Earlier sale referenced in ownership correction footnote
Transfers to trust
14,565 shares
Transfers from direct to revocable trust (4,985 and 9,580 shares)
Key Terms
restricted stock units (RSUs), 2018 Stock Incentive Plan, Revocable Trust, indirect ownership, +1 more
5 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."
Revocable Trust financial
"Indirect Ownership reflects a transfer of 4,985 shares from Direct Ownership to Indirect Ownership (Revocable Trust)..."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect ownership financial
"Indirect Ownership reflects a transfer of 4,985 shares from Direct Ownership to Indirect Ownership (Revocable Trust)..."
grant of restricted stock units financial
"Shares were acquired pursuant to a grant of restricted stock units (RSUs) under the Tractor Supply Company 2018 Stock Incentive Plan."
FAQ
What did Edna Morris report in this Tractor Supply (TSCO) Form 4?
Edna Morris reported receiving 9,174 shares of Tractor Supply common stock via a restricted stock unit grant. The filing also updates her direct and indirect holdings, including shares held through a revocable trust, and reflects several historical transfers and transactions in the ownership totals.
What are Edna Morris’s Tractor Supply (TSCO) holdings after the Form 4 transactions?
After the reported grant, Edna Morris holds 14,335 Tractor Supply shares directly and 278,160 shares indirectly through a revocable trust. These figures incorporate prior transfers between direct and indirect ownership, as well as earlier gift and sale transactions now reflected in the indirect balance.
How do the restricted stock units (RSUs) for Edna Morris vest at Tractor Supply (TSCO)?
The RSUs granted to Edna Morris vest one year from the grant date. Each RSU entitles her to receive one share of Tractor Supply common stock upon vesting, making the award a time-based equity grant under the company’s 2018 Stock Incentive Plan.
What historical transactions are referenced in Edna Morris’s Tractor Supply (TSCO) Form 4 footnotes?
Footnotes reference a gift of 90 shares, a sale of 32,170 shares, and transfers totaling 14,565 shares from direct ownership to a revocable trust. These past events are described as corrections and updates to the indirect ownership reflected in the current holdings disclosure.