Director at Wabash National (NYSE: WNC) receives 21,866 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wabash National Corp director Sudhanshu Priyadarshi reported an equity compensation grant on Common Stock. He received 21,866 restricted stock units, which will vest on May 13, 2027, at a stated price of $0.00 per share. Following this award, his directly held position is 50,007 shares, reflecting a routine, compensation-related acquisition rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sudhanshu Priyadarshi
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,866 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 50,007 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 21,866 units
Grant price per share: $0.00 per share
Shares after transaction: 50,007 shares
+2 more
5 metrics
RSU grant size
21,866 units
Restricted Stock Unit award reported on Form 4
Grant price per share
$0.00 per share
Equity compensation, not an open-market purchase
Shares after transaction
50,007 shares
Total common stock directly held after grant
Vesting date
May 13, 2027
Restricted Stock Unit award vesting date
Transaction code
A
Grant, award, or other acquisition on Form 4
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" in the reported transaction"
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 FILING DATA (Form 4) for Wabash National Corp"
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 WNC director Sudhanshu Priyadarshi report?
He reported receiving a grant of 21,866 restricted stock units tied to Wabash National common stock. The award is a compensation-related acquisition, not an open-market purchase, and is reported as a Form 4 insider transaction.
When do Sudhanshu Priyadarshi’s 21,866 WNC restricted stock units vest?
The restricted stock unit award is scheduled to vest on May 13, 2027. Vesting means the director will fully earn the underlying common stock at that date, assuming any applicable service or other conditions are satisfied.
Was cash paid for the 21,866 WNC restricted stock units granted to the director?
No cash consideration was reported for this award, which is shown with a price of $0.00 per share. This indicates the 21,866 restricted stock units were granted as equity compensation rather than purchased in the open market.
Does the Form 4 for WNC indicate any stock sales by Sudhanshu Priyadarshi?
The Form 4 shows only a grant classified as a “Grant, award, or other acquisition.” There are no transactions coded as sales, gifts, tax withholdings, or dispositions in this particular filing for the Wabash National director.