UniFirst (UNF) grants director stock and appreciation rights awards
Rhea-AI Filing Summary
UniFirst Corporation reported an equity compensation grant to one of its directors. On 12/16/2025, the director received 575 shares of unrestricted Common Stock under the UniFirst Corporation 2023 Stock Option and Incentive Plan as an annual grant for fiscal 2026. After this grant, the director beneficially owned 1,230 shares of Common Stock held directly.
The director was also awarded a stock appreciation right covering 987 shares of Common Stock with an exercise price of $174.2 per share. This right is exercisable in full on the grant date and must be settled in stock upon exercise. It expires on the earlier of December 16, 2033 or the second anniversary of the date the director ceases to serve on the Board.
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FAQ
What insider transaction did UniFirst (UNF) report in this Form 4?
UniFirst reported that a director received equity compensation on 12/16/2025, including unrestricted Common Stock and a stock appreciation right granted under the company’s 2023 Stock Option and Incentive Plan.
How many UniFirst (UNF) shares were granted to the director?
The director received an award of 575 shares of unrestricted Common Stock as part of annual grants for fiscal 2026.
What stock appreciation right did the UniFirst (UNF) director receive?
The director was granted a stock appreciation right over 987 shares of Common Stock with an exercise price of $174.2 per share, required to be settled in stock upon exercise.
When do the UniFirst (UNF) stock appreciation rights become exercisable and when do they expire?
The stock appreciation right is exercisable in full on the grant date of 12/16/2025. It expires on the earlier of December 16, 2033 or the second anniversary of the date the director ceases to be a Board member.
How many UniFirst (UNF) shares does the director own after this transaction?
Following the reported grants, the director beneficially owned 1,230 shares of UniFirst Common Stock directly, plus 987 stock appreciation rights linked to Common Stock.
What plan governs the equity awards reported by UniFirst (UNF)?
The equity awards, including the 575 unrestricted shares and the 987-share stock appreciation right, were granted under the UniFirst Corporation 2023 Stock Option and Incentive Plan.