Tractor Supply awards stock options to EVP Estep
Tractor Supply executive Jonathan S. Estep, EVP Chief Merchandise Officer, received equity grants on August 6, 2026.
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Form Type
4
Rhea-AI Filing Summary
Tractor Supply executive Jonathan S. Estep, EVP Chief Merchandise Officer, received equity grants on August 6, 2026. He was awarded 3,062 employee stock options at an exercise price of $33.41 expiring in 2036 and 794 RSUs, both vesting in three equal installments in 2027, 2028 and 2029 under the 2018 Omnibus Incentive Plan. After a 438.825-share clerical correction, his direct holdings are 80,481.74 shares, plus 1,182.399 shares held indirectly through a Stock Purchase Plan.
Insider Trade Summary
Grant/Award: 3,856 shares
Grant/Award
2 txns
Insider
Estep Jonathan S
Role
EVP Chief Merchandise Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee stock option F3 | 3,062 | $0.00 | $0.00 |
| Grant/Award | Common stock F1, F2 | 794 | $0.00 | $0.00 |
| Holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Employee stock option — 3,062 contracts (Direct);
Common stock — 80,481.74 shares (Direct);
Common stock — 1,182.399 shares (Indirect, Stock Purchase Plan)
Footnotes (3)
- F1. Shares were acquired pursuant to a grant of restricted stock units (RSUs) under the Tractor Supply Company 2018 Omnibus Incentive Plan. Each RSU entitles the reporting person to receive one share of common stock. The RSUs vest as follows: 33 1/3% on August 6, 2027, 33 1/3% on August 6, 2028 and 33 1/3% on August 6, 2029.
- F2. Direct Ownership reflects a reduction of 438.825 shares to correct a clerical error on previously reported Form 4 filings. This correction relates solely to the calculation of the ending reported balance and does not represent previously unreported transactions.
- F3. Granted pursuant to the Tractor Supply Company 2018 Omnibus Incentive Plan. The shares subject to this option will vest, subject to conditions, and become exercisable as follows: 33 1/3% on August 6, 2027, 33 1/3% on August 6, 2028, and 33 1/3% on August 6, 2029.
Key Figures
Stock options granted: 3,062 shares
Option exercise price: $33.41 per share
RSUs granted: 794 units
+4 more
7 metrics
Stock options granted
3,062 shares
Employee stock options granted to Jonathan S. Estep on August 6, 2026
Option exercise price
$33.41 per share
Exercise price for employee stock options granted August 6, 2026
RSUs granted
794 units
Restricted stock units granted August 6, 2026 under 2018 Omnibus Incentive Plan
Direct common shares after grant
80,481.74 shares
Direct common stock holdings after August 6, 2026 transactions and clerical correction
Indirect common shares
1,182.399 shares
Common shares held indirectly through a Stock Purchase Plan
Clerical correction
438.825 shares
Reduction to prior reported direct ownership to correct a clerical error
Option expiration date
August 6, 2036
Expiration date of employee stock options granted to Jonathan S. Estep
Key Terms
restricted stock units (RSUs), 2018 Omnibus Incentive Plan, Stock Purchase Plan, exercise price
4 terms
restricted stock units (RSUs) financial
"Shares were acquired pursuant to a grant of restricted stock units (RSUs) under the Tractor Supply Company 2018 Omnibus 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 Omnibus Incentive Plan financial
"Granted pursuant to the Tractor Supply Company 2018 Omnibus Incentive Plan."
Stock Purchase Plan financial
"Common stock held indirectly through a Stock Purchase Plan."
A stock purchase plan is a company-run program that lets employees or qualifying investors buy the company’s shares regularly, often through paycheck deductions and sometimes at a discounted price or with matching contributions. It matters because it encourages ownership—like a workplace discount for buying company products—aligning interests between holders and managers, while affecting share supply and potential value for outside investors.
exercise price financial
"Employee stock option grant with an exercise price of 33.4100 per share."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did TSCO executive Jonathan Estep receive on August 6, 2026?
Jonathan Estep received 3,062 employee stock options at a $33.41 exercise price and 794 restricted stock units (RSUs). Both awards were granted under Tractor Supply Company’s 2018 Omnibus Incentive Plan and represent compensation-related equity, not open-market purchases.
What is the exercise price and expiration of Jonathan Estep’s new Tractor Supply (TSCO) stock options?
The employee stock options have an exercise price of $33.41 per share and expire on August 6, 2036. These options were granted on August 6, 2026 and vest in three equal annual installments beginning in 2027, subject to applicable conditions.
How do the new RSUs granted to TSCO’s Jonathan Estep vest?
The 794 RSUs vest in three equal tranches of 33 1/3% each on August 6, 2027, August 6, 2028, and August 6, 2029. Each vested RSU entitles him to receive one share of Tractor Supply common stock.
Are Jonathan Estep’s August 2026 TSCO equity grants under a Rule 10b5-1 trading plan?
These equity awards are reported as compensation grants, and the Rule 10b5-1 checkbox was not marked. The filing does not identify them as transactions executed under a Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
