Valmont director granted 341 restricted stock units
Lanoha Richard Andrew reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lanoha Richard Andrew reported acquisition or exercise transactions in this Form 4 filing.
Valmont Industries director Richard Andrew Lanoha received an equity award of 341 shares of Common Stock in the form of restricted stock units. The award was granted at no cash cost and represents compensation rather than an open-market purchase.
The restricted stock units vest on the anniversary of the grant date, unless deferred by the director, and on vesting will be settled in an equal number of Valmont Industries common shares. Following this grant, Lanoha beneficially owns 3,676 shares of common stock directly.
Positive
- None.
Negative
- None.
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 financial
Common Stock financial
grant/award acquisition financial
FAQ
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What did Valmont Industries (VMI) director Richard Lanoha report on this Form 4?
Is Richard Lanoha’s Valmont Industries Form 4 transaction a stock purchase or compensation grant?
How do the new restricted stock units for Valmont Industries (VMI) director vest?
What does a restricted stock unit award mean for Valmont Industries (VMI) insiders?
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