West Pharmaceutical (WST) VP, CAO receives RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Winters Chad reported acquisition or exercise transactions in this Form 4 filing.
WEST PHARMACEUTICAL SERVICES INC executive Chad Winters, VP and Chief Accounting Officer, reported equity awards on restricted stock units and stock options. He received 340 restricted stock units and 808 stock options as grants, both described as derivative securities with no cash paid per unit in these awards.
Each restricted stock unit represents a contingent right to receive one share of WST common stock. Both the restricted stock units and the stock options vest in four equal annual installments beginning on March 1, 2027, creating a multi-year, performance- and service-linked compensation structure for this officer.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Winters Chad
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Rst. Stock Unit | 340 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 808 | $0.00 | -- |
Holdings After Transaction:
Rst. Stock Unit — 340 shares (Direct);
Stock Option (Right to Buy) — 808 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of WST common stock. The restricted stock units vest in four equal annual installments beginning on March 1, 2027. The stock option vests in four equal annual installments beginning on March 1, 2027.
FAQ
What insider transactions did WST executive Chad Winters report on this Form 4?
Chad Winters reported equity award acquisitions, not open-market trades. He received 340 restricted stock units and 808 stock options as derivative grants, forming part of his compensation package, with no purchase price per unit disclosed in these awards.
How many restricted stock units were granted to Chad Winters at West Pharmaceutical (WST)?
Chad Winters was granted 340 restricted stock units. Each unit represents a contingent right to receive one share of WST common stock, subject to vesting conditions over time, aligning a portion of his compensation with the company’s future equity performance.
What stock option award did Chad Winters receive from West Pharmaceutical Services (WST)?
He received an award of 808 stock options classified as a derivative security. These options provide a right to buy WST common stock in the future, subject to vesting in four equal annual installments beginning March 1, 2027, if service conditions are met.
When do Chad Winters’ restricted stock units and stock options at WST begin vesting?
Both the restricted stock units and stock options begin vesting on March 1, 2027. They vest in four equal annual installments from that date, creating a long-term incentive structure designed to retain the executive over several years while linking rewards to continued service.
Is Chad Winters’ Form 4 for West Pharmaceutical (WST) a buy or sell transaction?
The Form 4 reflects grant or award acquisitions, not buys or sells. The transactions are coded as “A” for grant, covering 340 restricted stock units and 808 stock options, which are compensation-related derivative awards rather than open-market trading activity in WST common shares.
What role does Chad Winters hold at West Pharmaceutical Services (WST) in this Form 4 filing?
In this Form 4, Chad Winters is identified as an officer serving as VP, Chief Accounting Officer. The reported transactions document equity-based compensation grants, including restricted stock units and stock options, tied to his executive role and long-term incentive alignment with shareholders.