Tyson Foods (NYSE: TSN) grants COO 25,938 RSUs vesting over three years
Rhea-AI Filing Summary
MORRIS WES reported acquisition or exercise transactions in this Form 4 filing.
Tyson Foods, Inc. Chief Operating Officer Wes Morris received a grant of 25,938.094 restricted stock units (RSUs), each representing a contingent right to one share of Class A Common Stock. The RSUs vest in equal annual installments on each of the first, second, and third anniversaries and become fully vested after three years.
Following this grant, Morris directly holds 70,368.469 shares of Class A Common Stock, which include 110.561 shares purchased through the Employee Stock Purchase Plan since his prior ownership report.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 25,938.094 | $0.00 | -- |
Footnotes (1)
- Award of restricted stock units ("RSUs") which vest in equal annual increments on each of the first, second and third anniversary dates of the grant and become fully vested after three years. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Includes 110.561 shares of the Issuer's Class A Common Stock purchased for the Reporting Person's account under the Issuer's Employee Stock Purchase Plan since the last Statement of Changes in Beneficial Ownership was filed by the Reporting Person. Such acquisitions are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16b-3.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Employee Stock Purchase Plan financial
Section 16 regulatory
Rule 16b-3 regulatory
FAQ
What equity award did Tyson Foods (TSN) grant to COO Wes Morris?
Tyson Foods granted COO Wes Morris 25,938.094 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the company’s Class A Common Stock, providing additional equity-based compensation linked directly to Tyson Foods’ share performance.
How do the RSUs granted to Tyson Foods (TSN) COO vest?
The RSUs granted to Wes Morris vest in equal annual increments on each of the first, second, and third anniversaries of the grant date. They become fully vested after three years, creating a multi‑year incentive tied to continued service and company performance.
What does each Tyson Foods (TSN) RSU granted to Wes Morris represent?
Each RSU granted to Wes Morris represents a contingent right to receive one share of Tyson Foods’ Class A Common Stock. Shares are actually delivered only as the RSUs vest over the three‑year schedule described in the award terms.
Are the Tyson Foods (TSN) ESPP purchases by Wes Morris subject to Section 16 concurrent reporting?
No. The 110.561 shares acquired for Wes Morris under Tyson Foods’ Employee Stock Purchase Plan are stated to be exempt from Section 16 concurrent reporting requirements, pursuant to Rule 16b-3 under U.S. securities laws.