UniFirst CEO Sintros acquires 6,963 stock units
The two RSU awards have vesting schedules extending from October 2027 through November 2029.
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Rhea-AI Filing Summary
UniFirst Corp (UNF) Chief Executive Officer Steven S. Sintros acquired 2,907 performance-based restricted stock units on November 2, 2026; 50% remain subject to vesting on October 31, 2027, and 50% on October 31, 2028. He also acquired 6,963 restricted stock units as fiscal 2027 annual grants under the UniFirst Corporation 2023 Stock Option and Incentive Plan, vesting in three equal annual installments on November 2, 2027, 2028 and 2029. On October 31, 2026, 2,885 shares were withheld to satisfy tax withholding obligations connected with restricted stock unit vesting, at $254.84 per share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F2 | 2,907 | $0.00 | $0.00 |
| Grant/Award | Common Stock F3, F4, F5 | 6,963 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 2,885 | $254.84 | $735K |
Footnotes (5)
- F1. Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.
- F2. Represents restricted stock units that were earned based on the achievement of certain performance criteria and that 50% of such restricted stock units remain subject to vesting on October 31, 2027 and 50% of such restricted stock units remain subject to vesting on October 31, 2028.
- F3. 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 November 2, 2027, November 2, 2028 and November 2, 2029.
- F4. These are annual grants for fiscal 2027.
- F5. Consists of (i) 22,532 shares of Common Stock owned by the reporting person, (ii) 789 restricted stock units that vest in one remaining annual installment on October 31, 2027, (iii) 1,825 restricted stock units that vest in two equal annual installments on October 31, 2027 and October 31, 2028, (iii) 1,557 restricted stock units that vest in one remaining annual installment on October 31, 2027, (iv) 3,445 restricted stock units that vest in two equal annual installments on October 31, 2027 and October 31, 2028, (v) 949 restricted stock units that vest in one remaining annual installment on October 31, 2027, (vi) 2,907 restricted stock units that vest in two equal annual installments on October 31, 2027 and October 31, 2028 and (vii) 6,963 restricted stock units that vest in three equal annual installments on November 2, 2027, November 2, 2028 and November 2, 2029.
Key Figures
Key Terms
restricted stock units financial
2023 Stock Option and Incentive Plan financial
tax withholding obligations financial
FAQ
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How many RSUs did UNF CEO Steven S. Sintros acquire?
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