Stock grant lifts Wabash National (NYSE: WNC) director’s holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Broberg Trent reported acquisition or exercise transactions in this Form 4 filing.
Wabash National Corp director Trent Broberg reported receiving a grant of 21,866 shares of Common Stock as a restricted stock unit award that vests on May 13, 2027. Following this compensation-related award, his direct holdings increased to 53,539 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Broberg Trent
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,866 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 53,539 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 21,866 shares
Grant price per share: $0.00 per share
Shares after transaction: 53,539 shares
+1 more
4 metrics
RSU grant size
21,866 shares
Restricted Stock Unit award to director Trent Broberg
Grant price per share
$0.00 per share
Reported transaction price for the stock award
Shares after transaction
53,539 shares
Total direct Wabash National common stock held by Broberg after grant
Vesting date
May 13, 2027
Restricted Stock Unit award vesting date from footnote
Key Terms
Restricted Stock Unit, Common Stock, Grant, award, or other acquisition, Form 4
4 terms
Restricted Stock Unit financial
"Restricted Stock Unit award vesting May 13, 2027"
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.
Common Stock financial
"security_title: Common Stock reported as the acquired security"
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 regulatory
"Insider transaction was disclosed in a Form 4 filing"
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 insider transaction did Wabash National (WNC) director Trent Broberg report?
Director Trent Broberg reported receiving 21,866 shares of Wabash National common stock as a restricted stock unit award. This compensation-related grant increased his direct holdings to 53,539 shares, according to the Form 4 insider filing.
Was the Wabash National (WNC) insider transaction a stock purchase or a grant?
The transaction was a grant, not an open-market purchase. Trent Broberg received 21,866 shares as a restricted stock unit award at no purchase price, classified as a “Grant, award, or other acquisition” in the Form 4 filing.
When do Trent Broberg’s new Wabash National (WNC) restricted stock units vest?
The restricted stock unit award reported by Trent Broberg vests on May 13, 2027. Until that vesting date, the award represents a right to receive shares of Wabash National common stock, as noted in the Form 4 footnote.
Did the Wabash National (WNC) Form 4 include any insider stock sales?
The Form 4 for Trent Broberg did not report any stock sales. It only disclosed an acquisition classified as a grant or award of 21,866 restricted stock units, with no open-market buying or selling activity shown.