UNIFI grants Meredith Suzanne Boyd 11,724 stock units
The vesting schedule runs through December 14, 2029, while the withheld shares relate to restricted stock units granted October 28, 2024.
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Rhea-AI Filing Summary
UNIFI INC (UFI) reported that EVP Meredith Suzanne Boyd received 11,724 restricted stock units on October 27, 2026, for services as Executive Vice President and Chief Product Officer. The units vest 25% on December 10, 2027, 25% on December 15, 2028, and 50% on December 14, 2029. On October 28, 2026, 2,508 shares were withheld to satisfy tax withholding obligations related to restricted stock units granted October 28, 2024; the reported price was $5.69 per share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F2 | 2,508 | $5.69 | $14K |
| Grant/Award | Common Stock F1 | 11,724 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents a grant of restricted stock units from the issuer for services as Executive Vice President and Chief Product Officer of the issuer. Each restricted stock unit represents a right to receive one share of the issuer's common stock. The restricted stock units vest over a three-year period, with 25% vesting on December 10, 2027, 25% vesting on December 15, 2028, and 50% vesting on December 14, 2029.
- F2. Represents shares withheld to satisfy the reporting person's tax withholding obligations in connection with the reporting person's receipt of shares of the issuer's common stock upon the vesting of restricted stock units that were granted on October 28, 2024, and reported on the reporting person's Statement of Changes in Beneficial Ownership of Securities on Form 4 filed with the U.S. Securities and Exchange Commission on October 30, 2024.
Key Figures
Key Terms
restricted stock units technical
vesting financial
tax withholding obligations financial
Statement of Changes in Beneficial Ownership of Securities regulatory
FAQ
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How many restricted stock units did Meredith Suzanne Boyd receive from UFI?
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