UniFirst (UNF) CFO reports RSU and stock appreciation right awards
Rhea-AI Filing Summary
UniFirst Corporation’s Executive VP and CFO reported new equity awards in the form of restricted stock units and a stock appreciation right. On 12/16/2025, the officer acquired 2,440 restricted stock units of common stock at $0, bringing total beneficial ownership of common stock and restricted stock units to 10,267 shares after the transaction.
The filing also reports a grant of a stock appreciation right on 3,500 shares of common stock with a conversion or exercise price of $174.2 per share and an expiration date of 12/16/2035. Both the restricted stock units and the stock appreciation right were granted under UniFirst’s 2023 Stock Option and Incentive Plan and vest in three equal annual installments on October 31, 2026, 2027 and 2028. The stock appreciation right must be settled in stock when exercised.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Right | 3,500 | $0.00 | -- |
| Grant/Award | Common Stock | 2,440 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units granted under the UniFirst Corporation 2023 Stock Option and Incentive Plan (the "2023 Plan"). Such restricted stock units vest in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028. These are annual grants for fiscal 2026. Consists of 336 restricted stock units that vest in one remaining annual installment on October 31, 2026, 788 restricted stock units that vest in two remaining equal annual installments on October 31, 2026 and October 31, 2027, 1,369 restricted stock units that vest in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028, 1,471 restricted stock units that vest in two equal annual installments on October 31, 2026 and October 31, 2027, 2,440 restricted stock units that vest in three equal annual installments on October 3, 2026, October 31, 2027, and October 31, 2028 and 3,863 shares of Common Stock owned by the reporting person. This stock appreciation right, which was granted under the 2023 Plan, becomes vested and exercisable in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028. This stock appreciation right is required to be settled in stock at the time of exercise.
FAQ
What insider transaction did UniFirst (UNF) report in this Form 4?
The Form 4 reports that UniFirst’s Executive VP and CFO acquired 2,440 restricted stock units of common stock at $0 on 12/16/2025 and received a stock appreciation right on 3,500 shares with an exercise price of $174.2 per share, all under the company’s 2023 Stock Option and Incentive Plan.
What are the vesting terms of the new restricted stock units for UniFirst (UNF)?
The 2,440 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, pursuant to UniFirst’s 2023 Stock Option and Incentive Plan.
What are the key terms of the stock appreciation right granted by UniFirst (UNF)?
The stock appreciation right covers 3,500 shares of common stock at a conversion or exercise price of $174.2 per share, becomes vested and exercisable in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028, and has an expiration date of 12/16/2035. It is required to be settled in stock at exercise.
Under what plan were the UniFirst (UNF) equity awards granted?
Both the restricted stock units and the stock appreciation right were granted under the UniFirst Corporation 2023 Stock Option and Incentive Plan, as stated in the explanations of responses.
What is the role of the reporting person in UniFirst (UNF)?
The reporting person is an officer of UniFirst, serving as Executive VP and CFO, according to the relationship section of the Form 4.