West Pharmaceutical (WST) SVP granted 1,285 RSUs and 3,057 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
West Pharmaceutical Services reported that SVP, General Counsel and Corporate Secretary Norman D. Finch Jr. received equity awards. He was granted 1,285 restricted stock units and 3,057 stock options, each with an exercise right to buy common shares. Both the restricted stock units and options vest in four equal annual installments beginning on March 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Finch Norman D. Jr.
Role
SVP, GC & Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Rst. Stock Unit | 1,285 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 3,057 | $0.00 | -- |
Holdings After Transaction:
Rst. Stock Unit — 1,285 shares (Direct);
Stock Option (Right to Buy) — 3,057 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 did West Pharmaceutical Services (WST) disclose in this Form 4 for Norman D. Finch Jr.?
West Pharmaceutical Services reported that executive Norman D. Finch Jr. received equity awards. He was granted restricted stock units and stock options as part of his compensation, increasing his derivative-based holdings in the company’s common stock under a structured vesting schedule.
How many restricted stock units did Norman D. Finch Jr. receive from West Pharmaceutical (WST)?
Norman D. Finch Jr. received 1,285 restricted stock units. Each unit represents a contingent right to receive one share of West Pharmaceutical common stock, subject to time-based vesting conditions over four years beginning March 1, 2027, aligning his interests with long-term shareholder value.
What stock options were granted to Norman D. Finch Jr. by West Pharmaceutical (WST)?
He was granted stock options covering 3,057 shares of common stock. These options were awarded with a grant price of $0.00 in the filing, and they vest in four equal annual installments starting on March 1, 2027, contingent on continued service.
When do Norman D. Finch Jr.’s restricted stock units at West Pharmaceutical (WST) vest?
The restricted stock units vest in four equal annual installments beginning on March 1, 2027. This means one-quarter of the units becomes deliverable each year over four years, assuming continued employment and satisfaction of the award’s standard conditions.
What is the vesting schedule for the stock options granted to Norman D. Finch Jr. at West Pharmaceutical (WST)?
The stock options vest in four equal annual installments starting March 1, 2027. Each year, one-quarter of the option grant becomes exercisable, creating a long-term incentive that encourages ongoing service and alignment with the company’s multi-year performance.