Director Robert Friel gets 791 RSUs at West Pharma (NYSE: WST)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FRIEL ROBERT F reported acquisition or exercise transactions in this Form 4 filing.
West Pharmaceutical Services director Robert F. Friel received a grant of 791 shares of common stock in the form of restricted stock units. The award carried a price of $0.00 per share as it is a compensation grant rather than an open-market purchase.
The restricted stock units will vest in full on the date of the next annual shareholder meeting and will be distributed under the Deferred Compensation Plan for Outside Directors. Following this award, Friel directly holds 5,512.97 shares of West Pharmaceutical Services common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FRIEL ROBERT F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 791 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,512.97 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 791 shares
Grant price: $0.00 per share
Holdings after grant: 5,512.97 shares
+1 more
4 metrics
RSUs granted
791 shares
Restricted stock units awarded to director Robert F. Friel
Grant price
$0.00 per share
Compensation-related grant, not an open-market purchase
Holdings after grant
5,512.97 shares
Total direct common stock holdings following the transaction
Transaction code
A (Grant, award, or other acquisition)
Form 4 non-derivative transaction classification
Key Terms
restricted stock units, Deferred Compensation Plan for Outside Directors, Common Stock, Form 4
4 terms
restricted stock units financial
"These shares of restricted stock units will vest in full on the date"
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.
Deferred Compensation Plan for Outside Directors financial
"will be distributable under the terms of the Deferred Compensation Plan for Outside Directors"
Common Stock financial
"security_title": "Common Stock""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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 did director Robert F. Friel receive in this West Pharmaceutical (WST) Form 4 filing?
Director Robert F. Friel received a grant of 791 restricted stock units of West Pharmaceutical common stock as compensation. The award price was $0.00 per share and increased his direct holdings to 5,512.97 shares after the transaction reported in this Form 4.
When do Robert F. Friel’s 791 restricted stock units in West Pharmaceutical (WST) vest?
The 791 restricted stock units will vest in full on the date of the next annual shareholder meeting. At that time, they will be distributable under the company’s Deferred Compensation Plan for Outside Directors, according to the footnote disclosure in the Form 4 filing.