Williams-Sonoma (NYSE: WSM) director takes 151 deferred stock units as retainers
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Campion Andrew reported acquisition or exercise transactions in this Form 4 filing.
Williams-Sonoma director Andrew Campion received additional equity-based compensation. He was granted 151 deferred stock units, each representing a contingent right to receive one share of Williams-Sonoma common stock. These units were taken in lieu of the cash portion of his annual director retainers under the company’s compensation policy.
The deferred stock units are fully vested and will be delivered in June 2029 at the end of the deferral period, subject to earlier delivery upon certain events. After this grant, Campion holds 151 deferred stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Campion Andrew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 151 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 151 shares (Direct, null)
Footnotes (1)
- Each deferred stock unit represents a contingent right to receive one share of WSM common stock. The reporting person elected to receive these deferred stock units, which were granted under the Issuer's 2001 Long-Term Incentive Plan, pursuant to the Issuer's Director Compensation Policy (the "Policy"), in lieu of the cash portion of the annual retainers under the Policy. The deferred stock units are fully vested and will be delivered to the reporting person in June 2029, the end of the deferral period, subject to earlier delivery upon the occurrence of certain events.
Key Figures
Deferred stock units granted: 151 units
Underlying common shares: 151 shares
Price per unit: $0.00
+2 more
5 metrics
Deferred stock units granted
151 units
Director award on May 4, 2026
Underlying common shares
151 shares
Each unit equals one common share
Price per unit
$0.00
Equity award taken instead of cash retainers
Units after transaction
151 units
Total deferred stock units held directly after grant
Deferred delivery date
June 2029
Scheduled delivery of common shares
Key Terms
Deferred Stock Units, Long-Term Incentive Plan, Director Compensation Policy, deferral period
4 terms
Deferred Stock Units financial
"Each deferred stock unit represents a contingent right to receive one share of WSM common stock."
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.
Long-Term Incentive Plan financial
"granted under the Issuer's 2001 Long-Term Incentive Plan, pursuant to the Issuer's Director Compensation Policy"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Director Compensation Policy financial
"pursuant to the Issuer's Director Compensation Policy (the "Policy"), in lieu of the cash portion of the annual retainers"
deferral period financial
"will be delivered to the reporting person in June 2029, the end of the deferral period"
FAQ
What did Williams-Sonoma (WSM) director Andrew Campion report in this Form 4?
Andrew Campion reported receiving 151 deferred stock units as director compensation. Each unit represents a contingent right to one share of Williams-Sonoma common stock, fully vested and scheduled for delivery in June 2029, instead of taking part of his annual retainers in cash.
How many Williams-Sonoma (WSM) deferred stock units did Andrew Campion receive?
Andrew Campion received 151 deferred stock units. Each unit corresponds to one share of Williams-Sonoma common stock. This equity award was taken in place of the cash portion of his annual director retainers under the company’s Director Compensation Policy.
When will Andrew Campion’s Williams-Sonoma (WSM) deferred stock units be delivered?
The deferred stock units are scheduled for delivery in June 2029. That date marks the end of the deferral period, although the units may be delivered earlier if certain specified events occur, as outlined in the company’s compensation arrangements.
Are the Williams-Sonoma (WSM) deferred stock units granted to Andrew Campion vested?
Yes, the deferred stock units are fully vested at grant. Although fully vested, the units will not be delivered until June 2029, unless accelerated by certain events, so settlement into Williams-Sonoma common shares occurs at the end of the deferral period.
Why did Andrew Campion receive deferred stock units instead of cash from Williams-Sonoma (WSM)?
Andrew Campion elected to receive deferred stock units in lieu of the cash portion of his annual retainers. This election is allowed under Williams-Sonoma’s Director Compensation Policy and its 2001 Long-Term Incentive Plan, aligning part of his compensation with company equity.
How many Williams-Sonoma (WSM) deferred stock units does Andrew Campion hold after this transaction?
After this transaction, Andrew Campion holds 151 deferred stock units directly. Each deferred stock unit represents a contingent right to receive one share of Williams-Sonoma common stock at the end of the deferral period, currently set for June 2029.