Vera Bradley (VRA) awards 73,746 RSUs to Chief Branding Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Paraie Melinda reported acquisition or exercise transactions in this Form 4 filing.
Vera Bradley, Inc. reported that Chief Branding Officer Melinda Paraie received a grant of 73,746 common share equivalents in the form of restricted stock units. These units were awarded at no cash cost to her and are subject to vesting and forfeiture conditions. Following this compensation grant, her directly held common share equivalent position increased to 342,977 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Paraie Melinda
Role
Chief Branding Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 73,746 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 342,977 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 73,746 shares
Grant price: $0.00 per share
Total shares after grant: 342,977 shares
+1 more
4 metrics
RSUs granted
73,746 shares
Restricted stock units awarded to Chief Branding Officer
Grant price
$0.00 per share
Price for RSU grant to Melinda Paraie
Total shares after grant
342,977 shares
Direct holdings following the RSU award
Acquire transactions
1 transaction
Non-derivative grant/award acquisition reported
Key Terms
restricted stock units, vesting and forfeiture, grant, award, or other acquisition
3 terms
restricted stock units financial
"Represents restricted stock units subject to vesting and forfeiture."
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.
vesting and forfeiture financial
"Represents restricted stock units subject to vesting and forfeiture."
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What insider transaction did Vera Bradley (VRA) report for Melinda Paraie?
Vera Bradley reported that Chief Branding Officer Melinda Paraie received a grant of 73,746 restricted stock units. These units represent common shares, were awarded at no cash cost, and are subject to vesting and forfeiture conditions as part of her equity-based compensation.
Was Melinda Paraie’s Vera Bradley transaction a market purchase or sale?
The transaction was not a market purchase or sale. It was coded as a grant or award acquisition of 73,746 restricted stock units at a price of $0.00 per share, reflecting stock-based compensation rather than an open-market trade in Vera Bradley shares.
What are the key terms of the restricted stock units granted at Vera Bradley?
The reported restricted stock units are described as being subject to vesting and forfeiture. This means Melinda Paraie’s right to the 73,746 units depends on satisfying specified conditions, and unvested units can be forfeited under the company’s equity award arrangements.
How is Melinda Paraie’s ownership classified in this Vera Bradley Form 4 filing?
Her ownership in this transaction is classified as direct. The Form 4 shows the 73,746 restricted stock units and resulting 342,977 total common shares as directly held, with no indication that the position is owned through a separate entity or indirect holding structure.