UniFirst (NYSE: UNF) director granted stock and SAR awards
Rhea-AI Filing Summary
UniFirst Corporation director reported new equity awards received on 12/16/2025. The director was granted 575 shares of unrestricted common stock at a price of $0, issued under the UniFirst Corporation 2023 Stock Option and Incentive Plan as part of the annual grants for fiscal 2026. After this grant, the director directly owns 1,777 shares of UniFirst common stock.
The director was also awarded a stock appreciation right covering 987 shares of common stock with an exercise price of $174.2. This right is exercisable in full on the grant date of 12/16/2025 and must be settled in stock upon exercise. It expires on the earlier of 12/16/2033 or the second anniversary of the date the director ceases to serve on the Board.
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FAQ
What insider transaction did UniFirst (UNF) report in this Form 4?
The filing reports that a UniFirst director received 575 shares of unrestricted common stock and a stock appreciation right on 987 shares of common stock on 12/16/2025.
How many UniFirst (UNF) shares does the director own after this transaction?
Following the reported grant, the director beneficially owns 1,777 shares of UniFirst common stock directly, plus a stock appreciation right on 987 shares.
What are the key terms of the UniFirst (UNF) stock appreciation right granted?
The stock appreciation right covers 987 shares at an exercise price of $174.2, is exercisable in full on 12/16/2025, must be settled in stock, and expires on the earlier of 12/16/2033 or the second anniversary of when the director leaves the Board.
Under which plan were the UniFirst (UNF) equity awards granted?
The 575 unrestricted shares were granted under the UniFirst Corporation 2023 Stock Option and Incentive Plan as part of the annual grants for fiscal 2026.
Is the UniFirst (UNF) stock grant to the director restricted or unrestricted?
The filing states that the 575-share grant represents an award of unrestricted common stock under the company’s 2023 Stock Option and Incentive Plan.
When do the UniFirst (UNF) director’s equity awards expire or vest?
The unrestricted stock is granted outright. The stock appreciation right is exercisable in full on 12/16/2025 and expires on the earlier of 12/16/2033 or two years after the director ceases to be a Board member.