Director at Valmont (NYSE: VMI) granted 341 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maass Paul T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 341 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 341 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 341 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 341 shares
3 metrics
RSU grant size
341 shares
Restricted stock unit award linked to common stock
Grant price per share
$0.0000 per share
Compensatory grant, not an open-market purchase
Shares held after transaction
341 shares
Total direct holdings reported following the grant
Key Terms
Restricted stock unit award, vests on the anniversary of the grant date, settled in an equal number of shares of common stock
3 terms
Restricted stock unit award financial
"Restricted stock unit award which vests on the anniversary of the grant date"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
vests on the anniversary of the grant date financial
"award which vests on the anniversary of the grant date, unless deferred"
FAQ
What did Paul T. Maass report in this Form 4 for VALMONT INDUSTRIES INC (VMI)?
Paul T. Maass reported receiving a grant of 341 restricted stock units. These units are a form of equity compensation and will convert into 341 shares of Valmont common stock when they vest, rather than representing an open-market stock purchase.
When do Paul T. Maass’s restricted stock units in VALMONT (VMI) vest?
The restricted stock unit award vests on the anniversary of the grant date. The footnote also notes that Mr. Maass can elect to defer vesting, and once vested, the units settle into an equal number of Valmont common shares.