Director Perry Blatt receives 12,243 restricted VLGEA shares under 2016 Stock Plan
Rhea-AI Filing Summary
Blatt Perry J. reported acquisition or exercise transactions in this Form 4 filing.
Village Super Market Inc. director Perry J. Blatt received a grant of 12,243 shares of Class A common stock as restricted stock compensation. The grant was made at no cash cost per share and increases his directly held position to 51,465 shares after the award.
The restricted shares were issued under the Village Super Market, Inc. 2016 Stock Plan and vest over time, subject to his continued service. One-half of the shares vest on March 16, 2027, one-third vest on March 14, 2028, and the remaining portion vests on March 13, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,243 shares
Net Buy
1 txn
Insider
Blatt Perry J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS A COMMON STOCK | 12,243 | $0.00 | $0.00 |
Holdings After Transaction:
CLASS A COMMON STOCK — 51,465 shares (Direct)
Footnotes (1)
- F1. Shares of restricted stock issued pursuant to the Village Super Market, Inc. 2016 Stock Plan. The shares vest in three installments, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, as follows: one-half of the shares vest on March 16, 2027; one-third of the shares vest on March 14, 2028; and the remaining shares vest on March 13, 2029.
Key Figures
Restricted stock grant: 12,243 shares
Grant price: $0.0000 per share
Shares after grant: 51,465 shares
+3 more
6 metrics
Restricted stock grant
12,243 shares
Class A common stock grant to director Perry J. Blatt
Grant price
$0.0000 per share
Restricted stock awarded at no cash cost
Shares after grant
51,465 shares
Total Class A shares directly held following transaction
2027 vesting portion
One-half of 12,243 shares
Vests on March 16, 2027, subject to continued service
2028 vesting portion
One-third of 12,243 shares
Vests on March 14, 2028, subject to continued service
2029 vesting remainder
Remaining shares of 12,243
Vests on March 13, 2029, subject to continued service
Key Terms
restricted stock, 2016 Stock Plan, vesting, Class A common stock, +1 more
5 terms
restricted stock financial
"Shares of restricted stock issued pursuant to the Village Super Market, Inc. 2016 Stock Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2016 Stock Plan financial
"Shares of restricted stock issued pursuant to the Village Super Market, Inc. 2016 Stock Plan."
vesting financial
"The shares vest in three installments, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class A common stock financial
"security_title": "CLASS A COMMON STOCK""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did VLGEA director Perry J. Blatt report?
Perry J. Blatt reported receiving a grant of 12,243 shares of VLGEA Class A common stock as restricted stock. The award was part of equity compensation and was not an open-market purchase, reflecting a stock-based incentive rather than a cash investment.
What are the vesting terms of Perry J. Blatt’s VLGEA restricted stock?
The 12,243 restricted VLGEA shares vest in three installments, contingent on continued service. One-half vests on March 16, 2027, one-third on March 14, 2028, and the remaining shares on March 13, 2029, aligning the award with multi-year board service.