Village Super Market (VLGEA) CFO awarded 16,406 restricted stock shares vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Van Orden John L reported acquisition or exercise transactions in this Form 4 filing.
Village Super Market Inc. Chief Financial Officer and Treasurer John L. Van Orden received a grant of 16,406 shares of Class A common stock as restricted stock compensation, increasing his direct holdings to 40,023 shares. The award was issued under the Village Super Market, Inc. 2016 Stock Plan at no cash purchase price.
The restricted shares vest in stages, subject to his continued employment with the company. One-half of the shares vest on March 16, 2027, one-third vest on March 14, 2028, and the remaining shares vest on March 13, 2029, spreading the compensation over several years.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Van Orden John L
Role
CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS A COMMON STOCK | 16,406 | $0.00 | -- |
Holdings After Transaction:
CLASS A COMMON STOCK — 40,023 shares (Direct)
Footnotes (1)
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Key Figures
Restricted shares granted: 16,406 shares
Shares held after grant: 40,023 shares
Grant price per share: $0.0000 per share
+3 more
6 metrics
Restricted shares granted
16,406 shares
Class A common stock grant on March 27, 2026
Shares held after grant
40,023 shares
Direct Class A common stock ownership following transaction
Grant price per share
$0.0000 per share
Stated transaction price for restricted stock award
First vesting date
March 16, 2027
One-half of restricted shares vest, subject to employment
Second vesting date
March 14, 2028
One-third of restricted shares vest, subject to employment
Final vesting date
March 13, 2029
Remaining restricted shares vest, subject to employment
Key Terms
restricted stock, 2016 Stock Plan, vesting
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."
vesting financial
"The shares vest in three installments, subject to the Reporting Person's continued employment 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.
FAQ
What insider transaction did VLGEA CFO John L. Van Orden report?
John L. Van Orden reported receiving 16,406 shares of VLGEA Class A common stock as a restricted stock grant. The award was issued under the 2016 Stock Plan at no cash price, increasing his direct holdings to 40,023 shares after the transaction.
What is the vesting schedule for the VLGEA CFO’s restricted stock grant?
The 16,406 restricted shares vest in three installments tied to continued employment. One-half of the shares vest on March 16, 2027, one-third vest on March 14, 2028, and the remaining shares vest on March 13, 2029, spreading the award across multiple future dates.
Under which plan was the VLGEA CFO’s restricted stock granted?
The restricted stock grant to the VLGEA CFO was issued under the Village Super Market, Inc. 2016 Stock Plan. This plan provides for stock-based compensation, and in this case awarded 16,406 restricted shares that vest over several years based on continued employment with the company.