Uniti executive granted 170,031 restricted shares
Uniti Group Inc. reported that executive John Harrobin, SEVP & President of Kinetic, acquired 170,031 shares of common stock through a stock grant at a stated price of $0.00 per share.
Rhea-AI Filing Summary
Uniti Group Inc. reported that executive John Harrobin, SEVP & President of Kinetic, acquired 170,031 shares of common stock through a stock grant at a stated price of $0.00 per share. After this award, he directly holds 540,581 shares of Uniti common stock.
The grant is subject to continued employment and vests in three equal installments on March 1 of each year, beginning on March 1, 2027. This means Harrobin will gain full access to the granted shares over three years as long as he remains employed.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 170,031 | $0.00 | $0.00 |
Footnotes (1)
- F1. Subject to the reporting person's continued employment, these shares vest in three equal installments on March 1 of each year, with the first vesting date being March 1, 2027.
FAQ
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What did Uniti Group (UNIT) executive John Harrobin report in this Form 4?
What is the vesting schedule for John Harrobin’s new Uniti Group (UNIT) stock grant?
Is John Harrobin’s Uniti Group (UNIT) stock grant an open-market purchase or an award?
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