Winnebago (WGO) director granted 758 deferred stock units as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pack Michael E reported acquisition or exercise transactions in this Form 4 filing.
Winnebago Industries director Michael E. Pack reported a routine equity compensation grant. He received 758 Deferred Stock Units on May 29, 2026, representing the right to receive an equal number of Winnebago common shares in the future.
These units were granted at a reference value of $29.69 per unit and are accrued under the Winnebago Industries, Inc. Directors Deferred Compensation Plan. After this grant, Pack holds 3,574 Deferred Stock Units, all of which will be settled 100% in common stock upon his termination of service as a director, death, disability, or a change in the effective control of the company as defined in the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pack Michael E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 758 | $29.69 | $23K |
Holdings After Transaction:
Deferred Stock Units — 3,574 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred Stock Units granted: 758 units
Reference value per unit: $29.69 per unit
Total Deferred Stock Units after grant: 3,574 units
+1 more
4 metrics
Deferred Stock Units granted
758 units
Grant to director Michael E. Pack on May 29, 2026
Reference value per unit
$29.69 per unit
Deferred Stock Units grant value for compensation accounting
Total Deferred Stock Units after grant
3,574 units
Pack’s Deferred Stock Unit balance following the transaction
Underlying common stock
758 shares
Underlying common shares associated with the new Deferred Stock Units
Key Terms
Deferred Stock Units, Directors Deferred Compensation Plan, change in the effective control of the Company
3 terms
Deferred Stock Units financial
"Deferred Stock Units are accrued under the Winnebago Industries, Inc. Directors Deferred Compensation Plan"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Directors Deferred Compensation Plan financial
"accrued under the Winnebago Industries, Inc. Directors Deferred Compensation Plan"
A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.
change in the effective control of the Company financial
"upon the earliest of the following events: reporting person's termination of service as a director, death, disability or a "change in the effective control of the Company""
FAQ
What insider transaction did Winnebago (WGO) director Michael E. Pack report?
Michael E. Pack reported receiving 758 Deferred Stock Units as equity compensation. These units represent future rights to Winnebago common stock and are part of the company’s Directors Deferred Compensation Plan, rather than an open-market stock purchase or sale transaction.
How many Winnebago (WGO) Deferred Stock Units does Michael E. Pack now hold?
Following the latest grant, Michael E. Pack holds 3,574 Deferred Stock Units. Each unit corresponds to one share of Winnebago common stock to be delivered in the future, subject to the plan’s settlement conditions tied to his board service or other specified events.
At what value were Michael E. Pack’s new Winnebago Deferred Stock Units recorded?
The 758 Deferred Stock Units were recorded at a reference value of $29.69 per unit. This value is typically used for compensation and accounting purposes and does not represent an open-market purchase price paid by the director for these equity awards.
When will Michael E. Pack’s Winnebago Deferred Stock Units be settled into common stock?
The Deferred Stock Units will be settled 100% in Winnebago common stock upon the earliest of his termination of service as a director, death, disability, or a change in the effective control of the company, in line with the plan’s defined settlement triggers.
Is Michael E. Pack’s Form 4 for Winnebago (WGO) a stock sale or purchase?
The Form 4 reflects an equity award, not a market trade. It reports a grant of 758 Deferred Stock Units under the Directors Deferred Compensation Plan, classified as an acquisition of derivative securities rather than a buy or sell of existing Winnebago common shares.