Village Super Market (VLGEA) director receives 2,572-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pola Prasad reported acquisition or exercise transactions in this Form 4 filing.
Village Super Market Inc. director Pola Prasad received a grant of 2,572 shares of Class A common stock as restricted stock compensation. The award was issued under the Village Super Market, Inc. 2016 Stock Plan at no cash price per share.
The restricted shares vest in full on March 16, 2027, meaning Prasad must remain eligible until that date to receive them outright. Following this grant, Prasad directly holds a total of 14,572 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pola Prasad
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS A COMMON STOCK | 2,572 | $0.00 | -- |
Holdings After Transaction:
CLASS A COMMON STOCK — 14,572 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock grant: 2,572 shares
Grant price: $0.0000 per share
Holdings after grant: 14,572 shares
+1 more
4 metrics
Restricted stock grant
2,572 shares
Class A common stock awarded to director
Grant price
$0.0000 per share
Non-cash restricted stock award
Holdings after grant
14,572 shares
Director’s direct Class A ownership post-transaction
Vesting date
March 16, 2027
Restricted stock vests in full on this date
Key Terms
restricted stock, 2016 Stock Plan, vest in full
3 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."
vest in full financial
"The shares vest in full on March 16, 2027."
FAQ
What insider transaction did VLGEA director Pola Prasad report on this Form 4?
Director Pola Prasad reported receiving a grant of 2,572 shares of Village Super Market Class A common stock. The shares were awarded as restricted stock compensation under the company’s 2016 Stock Plan, rather than purchased in the open market for cash.
What plan governs the restricted stock granted to VLGEA director Pola Prasad?
The restricted stock was issued under the Village Super Market, Inc. 2016 Stock Plan. This plan sets the terms for equity awards, including vesting conditions. The 2,572 granted shares vest in full on March 16, 2027, subject to the plan’s provisions.