UniFirst (NYSE: UNF) director reports 575-share grant and 987-share SAR
Rhea-AI Filing Summary
UniFirst Corporation director reports stock awards. A UniFirst Corp. director reported receiving an award of 575 shares of unrestricted common stock on 12/16/2025 under the UniFirst Corporation 2023 Stock Option and Incentive Plan, described as part of annual grants for fiscal 2026. The stock was acquired at a stated price of $0, bringing the director’s directly held common stock to 2,213 shares after the transaction.
The director was also granted a stock appreciation right covering 987 shares of common stock at a conversion or exercise price of $174.2 per share on 12/16/2025. This right is exercisable in full on the grant date, must be settled in stock upon exercise, and expires on December 16, 2033 or earlier if the director leaves the Board and two years pass.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Right | 987 | $0.00 | -- |
| Grant/Award | Common Stock | 575 | $0.00 | -- |
Footnotes (1)
- Represents an award of unrestricted Common Stock under the UniFirst Corporation 2023 Stock Option and Incentive Plan. These are annual grants for fiscal 2026. This stock appreciation right is exercisable in full on the grant date (12/16/2025) and is required to be settled in stock at the time of exercise. The grant has an expiration date of the earlier of December 16, 2033 or the second anniversary of the date that the grantee ceases to be a member of the Board of Directors.
FAQ
What insider transaction did UniFirst Corp (UNF) report on December 16, 2025?
A UniFirst Corp director reported acquiring 575 shares of unrestricted common stock on 12/16/2025 as an equity award, with a stated acquisition price of $0 per share.
What stock appreciation rights were granted to the UniFirst (UNF) director?
The director received a stock appreciation right covering 987 shares of UniFirst common stock at an exercise price of $174.2 per share, granted on 12/16/2025.
When do the UniFirst (UNF) stock appreciation rights granted on December 16, 2025 expire?
The stock appreciation right granted on 12/16/2025 expires on December 16, 2033, or on the second anniversary of the date the director ceases to be a Board member, whichever occurs first.
Are the UniFirst (UNF) fiscal 2026 grants to the director part of an incentive plan?
Yes. The filing states that the 575-share stock award represents unrestricted common stock granted under the UniFirst Corporation 2023 Stock Option and Incentive Plan and notes these are annual grants for fiscal 2026.
Is the UniFirst (UNF) stock appreciation right exercisable immediately?
Yes. The filing states that this stock appreciation right is exercisable in full on the grant date (12/16/2025) and must be settled in stock at the time of exercise.