Valmont Industries (VMI) director receives 341-share stock award and reports holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neary Daniel P reported acquisition or exercise transactions in this Form 4 filing.
VALMONT INDUSTRIES INC director Daniel P. Neary received 341 shares of Common Stock as a grant or award. The award is structured as restricted stock units that vest on the anniversary of the grant date, unless Mr. Neary chooses to defer vesting, and will be settled in an equal number of common shares.
After this grant, Mr. Neary holds 17,643 shares of VALMONT INDUSTRIES INC Common Stock directly and 7,194 shares indirectly through an LLC. This is a compensation-related equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Neary Daniel P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 341 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,643 shares (Direct, null);
Common Stock — 7,194 shares (Indirect, By LLC)
Footnotes (1)
- [object Object]
Key Figures
Equity award: 341 shares
Direct holdings after grant: 17,643 shares
Indirect holdings after grant: 7,194 shares
+1 more
4 metrics
Equity award
341 shares
Restricted stock unit grant of Common Stock
Direct holdings after grant
17,643 shares
Common Stock held directly after transaction
Indirect holdings after grant
7,194 shares
Common Stock held indirectly by LLC after transaction
Grant price per share
$0.0000
Reported price per share for the 341-share award
Key Terms
Restricted stock unit, grant/award acquisition, Common Stock, indirect, +1 more
5 terms
Restricted stock unit financial
"Restricted stock unit award which vests on the anniversary of the grant date"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect financial
""ownership_type": "indirect""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did VALMONT INDUSTRIES INC (VMI) director Daniel P. Neary report on this Form 4?
Daniel P. Neary reported receiving a grant of 341 shares of VALMONT INDUSTRIES INC Common Stock. The grant is a restricted stock unit award that vests on the anniversary of the grant date and is settled in an equal number of common shares.
How do the restricted stock units for VALMONT INDUSTRIES INC (VMI) vest for Daniel P. Neary?
The restricted stock unit award for Daniel P. Neary vests on the anniversary of the grant date, unless he elects to defer vesting. When the units vest, they are settled in an equal number of VALMONT INDUSTRIES INC common shares according to the award terms.
What does indirect ownership by LLC mean in Daniel P. Neary’s VALMONT INDUSTRIES INC (VMI) holdings?
Indirect ownership by LLC means 7,194 VALMONT INDUSTRIES INC shares are held through an LLC associated with Daniel P. Neary rather than in his personal name. This structure affects how ownership is reported but still reflects an indirect interest in the shares.