UniFirst (NYSE: UNF) EVP sells 1,128 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UniFirst Corporation executive Ross William Masters reported a planned stock sale. The Executive Vice President sold 1,128 shares of UniFirst common stock on 02/09/2026 at $201.38 per share under a Rule 10b5-1(c) trading plan adopted on November 10, 2025.
After this transaction, he beneficially owns 3,849 shares directly and an additional 65 shares indirectly through an IRA. The directly held amount includes restricted stock units scheduled to vest in annual installments through October 31, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,128 shares ($227,157)
Net Sell
2 txns
Insider
Ross William Masters
Role
Executive Vice President
Sold
1,128 shs ($227K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,128 | $201.38 | $227K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,849 shares (Direct);
Common Stock — 65 shares (Indirect, By IRA)
Footnotes (1)
- Represents shares sold pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on November 10, 2025. Consists of 224 restricted stock units that vest in one remaining annual installment on October 31, 2026, 552 restricted stock units that vest in two remaining equal annual installments on October 31, 2026 and October 31, 2027, 959 restricted stock units that vest in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028, 822 restricted stock units that vest in two remaining equal annual installments on October 31, 2026 and October 31, 2027, and 1,292 restricted stock units that vest in three remaining equal annual installments on October 31, 2026, October 31, 2027, and October 31, 2028.
FAQ
What insider transaction did UniFirst (UNF) report for Ross William Masters?
UniFirst Executive Vice President Ross William Masters reported selling 1,128 shares of common stock. The transaction occurred on February 9, 2026, and was disclosed on a Form 4 insider trading report, detailing his remaining direct and indirect holdings in UniFirst shares after the sale.
What is the Rule 10b5-1 trading plan mentioned in the UniFirst (UNF) Form 4?
The Form 4 notes the 1,128-share sale was made under a trading plan intended to comply with Rule 10b5-1(c), adopted on November 10, 2025. Such plans pre-schedule trades, allowing insiders to sell shares according to predetermined instructions, reducing discretion at the time of sale.
What restricted stock units does Ross William Masters hold at UniFirst (UNF)?
The filing explains his holdings include restricted stock units: 224 vesting in 2026, 552 vesting in 2026 and 2027, 959 vesting from 2026 to 2028, 822 vesting in 2026 and 2027, and 1,292 vesting from 2026 through 2028, in scheduled annual installments.
Does the UniFirst (UNF) Form 4 show any indirect ownership for Ross William Masters?
Yes. In addition to his direct holdings, the Form 4 reports 65 UniFirst common shares held indirectly “By IRA.” This indicates a separate account, classified as indirect beneficial ownership, alongside his directly held and restricted stock unit positions.