UniFirst (UNF) awards director 987 stock appreciation rights for fiscal 2026
Rhea-AI Filing Summary
UniFirst Corp reported an insider equity award to a director and 10% owner. The insider received 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.
The stock appreciation 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 the second anniversary of the date the grantee ceases to serve on the Board of Directors, whichever comes first. The filing notes that this is an annual grant for fiscal 2026.
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FAQ
What insider transaction did UniFirst Corp (UNF) report in this filing?
The filing reports that a UniFirst Corp director and 10% owner received a stock appreciation right covering 987 shares of common stock.
What is the exercise price of the UniFirst (UNF) stock appreciation right?
The stock appreciation right has a conversion or exercise price of $174.2 per share.
When does the UniFirst (UNF) stock appreciation right become exercisable and when does it expire?
The right is exercisable in full on the grant date of 12/16/2025 and expires on 12/16/2033 or the second anniversary of the date the grantee stops serving on the Board of Directors, whichever is earlier.
How must the UniFirst (UNF) stock appreciation right be settled?
The stock appreciation right is required to be settled in stock at the time of exercise.
Is this UniFirst (UNF) stock appreciation right part of a regular program?
Yes. The filing states that this stock appreciation right is an annual grant for fiscal 2026.
What roles does the reporting person hold at UniFirst Corp (UNF)?
The reporting person is identified as both a Director and a 10% Owner of UniFirst Corp.