UniFirst Corp (UNF) director receives 987-share stock appreciation right grant
Rhea-AI Filing Summary
UniFirst Corp director reports new equity award. A member of the Board received a stock appreciation right covering 987 shares of UniFirst Corp common stock at an exercise price of $174.2 per share on 12/16/2025. The right is exercisable in full on the grant date and must be settled in stock when exercised. It will expire on 12/16/2033, or earlier if the director leaves the Board, in which case it ends on the second anniversary of that departure date. The company states this is an annual grant for fiscal 2026.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Right | 987 | $0.00 | -- |
Footnotes (1)
- 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. This is an annual grant for fiscal 2026.
FAQ
What insider transaction did UniFirst Corp (UNF) report?
A UniFirst Corp director reported receiving a stock appreciation right on 12/16/2025 covering 987 shares of UniFirst common stock.
What are the key terms of the UniFirst (UNF) stock appreciation right?
The stock appreciation right covers 987 shares with an exercise price of $174.2 per share, is exercisable in full on the grant date, and must be settled in stock.
When does the UniFirst Corp director’s stock appreciation right expire?
The grant expires on 12/16/2033 or on the second anniversary of the date the director ceases to be a member of the Board of Directors, whichever comes first.
Is this UniFirst (UNF) stock appreciation right part of a regular program?
Yes. The company notes that this stock appreciation right is an annual grant for fiscal 2026.
How many derivative securities does the UniFirst director beneficially own after this grant?
After the reported transaction, the director beneficially owns 987 derivative securities relating to UniFirst common stock.
What type of security underlies the UniFirst stock appreciation right?
The stock appreciation right is tied to UniFirst Corp common stock with a par value of $0.10 per share, covering 987 shares.