UniFirst (UNF) Executive VP & COO granted RSUs and stock appreciation right
Rhea-AI Filing Summary
UniFirst Corporation's Executive VP and COO reported new equity awards received on 12/16/2025. He acquired 3,445 restricted stock units (RSUs) at a price of $0 under the 2023 Stock Option and Incentive Plan, described as annual grants for fiscal 2026. These RSUs vest in three equal installments on October 31, 2026, 2027 and 2028. Following this grant, he beneficially owns 11,409 shares of common stock, including previously granted RSUs and directly owned shares.
He also received a stock appreciation right covering 4,940 shares of common stock, with an exercise price of $174.2 and expiration on 12/16/2035. This right vests in three equal annual installments on October 31, 2026, 2027 and 2028 and must be settled in stock when exercised.
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FAQ
What insider transaction did UniFirst (UNF) report on December 16, 2025?
On 12/16/2025, UniFirst's Executive VP and COO reported receiving 3,445 restricted stock units and a stock appreciation right over 4,940 shares of common stock.
Who is the reporting person in this UniFirst (UNF) Form 4 and what is their role?
The reporting person is an officer of UniFirst Corporation, serving as Executive VP and COO, and filed the Form 4 as a single reporting person.
How do the new UniFirst (UNF) restricted stock units vest for the Executive VP and COO?
The 3,445 restricted stock units granted on 12/16/2025 vest in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028.
What are the terms of the UniFirst (UNF) stock appreciation right granted on December 16, 2025?
The stock appreciation right covers 4,940 shares, has an exercise price of $174.2, expires on 12/16/2035, vests in three equal annual installments starting October 31, 2026, and is required to be settled in stock.
How many UniFirst (UNF) shares does the officer beneficially own after the reported transactions?
After the reported grants, the officer beneficially owns 11,409 shares of UniFirst common stock, including restricted stock units and directly owned shares.
Under which plan were the UniFirst (UNF) equity awards granted to the Executive VP and COO?
The restricted stock units and the stock appreciation right were granted under the UniFirst Corporation 2023 Stock Option and Incentive Plan, and the RSUs are described as annual grants for fiscal 2026.