VPG director granted 820 RSUs in stock award
Swersky Sofer Nava reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Swersky Sofer Nava reported acquisition or exercise transactions in this Form 4 filing.
Vishay Precision Group, Inc. director Nava Swersky Sofer received an award of 820 shares of common stock in the form of restricted stock units under the company’s 2022 Stock Incentive Plan. These RSUs vest on the earlier of one year from grant or the next annual stockholder meeting, assuming continued board service, bringing the director’s holdings to 5,450 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 820 shares
Grant/Award
1 txn
Insider
Swersky Sofer Nava
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 820 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 5,450 shares (Direct)
Footnotes (1)
- F1. The reporting person was granted 820 restricted stock units ("RSUs") under the Vishay Precision Group, Inc. 2022 Stock Incentive Plan. The RSUs will vest on the earlier to occur of the first anniversary of the date of grant and the issuer's next annual meeting of stockholders, provided that the reporting person continues in service as a director until such earlier date.
Key Figures
RSU grant size: 820 shares
Grant price per share: $0.00 per share
Post-transaction holdings: 5,450 shares
+1 more
4 metrics
RSU grant size
820 shares
Restricted stock units of common stock granted to director
Grant price per share
$0.00 per share
Reported transaction price for RSU award
Post-transaction holdings
5,450 shares
Total common stock held after RSU grant
Vesting trigger
Earlier of 1 year or next meeting
RSUs vest after first anniversary or next annual stockholder meeting
Key Terms
restricted stock units, 2022 Stock Incentive Plan, vest, annual meeting of stockholders
4 terms
restricted stock units financial
"The reporting person was granted 820 restricted stock units ("RSUs") under the Vishay Precision Group, Inc. 2022 Stock Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2022 Stock Incentive Plan financial
"The reporting person was granted 820 restricted stock units ("RSUs") under the Vishay Precision Group, Inc. 2022 Stock Incentive Plan."
vest financial
"The RSUs will vest on the earlier to occur of the first anniversary of the date of grant and the issuer's next annual meeting of stockholders."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"The RSUs will vest on the earlier to occur of the first anniversary of the date of grant and the issuer's next annual meeting of stockholders."
FAQ
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