Williams-Sonoma (WSM) director granted 1,011 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bracey Esi Eggleston reported acquisition or exercise transactions in this Form 4 filing.
Williams-Sonoma Inc. director Esi Eggleston Bracey received a grant of 1,011 restricted stock units (RSUs) tied to the company’s common stock. Each RSU represents a right to receive one share of common stock. The units vest on the earlier of one year from the grant date or the day before the next regularly scheduled annual meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bracey Esi Eggleston
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,011 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,011 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of WSM common stock. The restricted stock units vest on the earlier of one year from the date of grant or the day before the next regularly scheduled annual meeting.
Key Figures
RSU grant size: 1,011 units
1 metrics
RSU grant size
1,011 units
Restricted stock units awarded to director
Key Terms
Restricted Stock Units, contingent right, vest
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of WSM common stock"
vest financial
"The restricted stock units vest on the earlier of one year from the date of grant"
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.
FAQ
What insider transaction did WILLIAMS SONOMA INC (WSM) report for Esi Eggleston Bracey?
Williams-Sonoma reported that director Esi Eggleston Bracey received 1,011 restricted stock units as a grant. These RSUs are a form of equity compensation and convert into shares of common stock once vesting conditions are met under the company’s plan.
How many restricted stock units were granted in this WSM Form 4 filing?
The filing shows a grant of 1,011 restricted stock units to director Esi Eggleston Bracey. Each unit represents a right to receive one share of Williams-Sonoma common stock upon vesting according to the specified schedule in the award terms.
When do the newly granted WSM restricted stock units vest?
The restricted stock units vest on the earlier of one year from the grant date or the day before the next regularly scheduled annual meeting. This time-based vesting schedule is typical for director equity awards and aligns compensation with ongoing board service.
What does each WSM restricted stock unit represent for the director?
Each restricted stock unit represents a contingent right to receive one share of Williams-Sonoma common stock. The director does not receive the actual shares until the RSUs vest, at which point they convert into common stock under the plan’s terms.