Valmont director receives 341-share stock award
Maass Paul T reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Maass Paul T reported acquisition or exercise transactions in this Form 4 filing.
VALMONT INDUSTRIES INC director Paul T. Maass received a grant of 341 shares of Common Stock in the form of a restricted stock unit award. The award carries no purchase price and represents compensation rather than an open-market share purchase.
The restricted stock units vest on the anniversary of the grant date, unless Mr. Maass elects to defer them. When they vest, they will be settled in an equal number of shares of common stock. Following this grant, he holds 341 shares directly as reported in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 341 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted stock unit award which vests on the anniversary of the grant date, unless deferred by the reporting person, and on vesting settled in an equal number of shares of common stock.
Key Figures
Key Terms
Restricted stock unit award financial
vests on the anniversary of the grant date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Paul T. Maass report in this Form 4 for VALMONT INDUSTRIES INC (VMI)?
When do Paul T. Maass’s restricted stock units in VALMONT (VMI) vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.