Willamette Valley Vineyards (WVVI) director awarded 11,500 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TUREL STANLEY G reported acquisition or exercise transactions in this Form 4 filing.
Willamette Valley Vineyards director Stanley G. Turel received a grant of 11,500 shares of restricted stock. According to the filing, all 11,500 shares are held directly and tied to his board service. The grant vests over three years: 3,834 shares on May 12, 2027, 3,833 on May 12, 2028, and 3,833 on May 12, 2029, if he continues serving as a director. All unvested shares will vest immediately if a “Change in Control” occurs under the company’s 2025 Omnibus Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TUREL STANLEY G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock | 11,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock — 11,500 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 11,500 shares
First vesting tranche: 3,834 shares
Second vesting tranche: 3,833 shares
+3 more
6 metrics
Restricted shares granted
11,500 shares
Restricted stock award to director Stanley G. Turel on May 12, 2026
First vesting tranche
3,834 shares
Scheduled to vest on May 12, 2027, subject to continued board service
Second vesting tranche
3,833 shares
Scheduled to vest on May 12, 2028, subject to continued board service
Third vesting tranche
3,833 shares
Scheduled to vest on May 12, 2029, subject to continued board service
Shares after transaction
11,500 shares
Total restricted stock held following the grant
Grant price
$0.0000 per share
Equity compensation grant, non-cash award
Key Terms
Restricted Stock, Change in Control, 2025 Omnibus Equity Incentive Plan, vest
4 terms
Restricted Stock financial
"On May 12, 2026, the reporting person was granted 11,500 restricted shares"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Change in Control financial
"All such restricted shares shall immediately vest upon the occurrence of a "Change in Control""
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
2025 Omnibus Equity Incentive Plan financial
"as defined in the Company's 2025 Omnibus Equity Incentive Plan"
vest financial
"3,834 restricted shares shall vest on May 12, 2027, an additional 3,833 restricted shares shall vest"
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 Willamette Valley Vineyards (WVVI) report for Stanley G. Turel?
Willamette Valley Vineyards reported that director Stanley G. Turel received a grant of 11,500 restricted shares. These shares are equity compensation tied to his board service, with future vesting dates and conditions disclosed in the Form 4 footnote.
Does the Form 4 for WVVI indicate any stock sales by Stanley G. Turel?
The Form 4 shows only an acquisition of restricted stock as a grant, not any sales. It reports 11,500 restricted shares awarded with a zero-dollar grant price, leaving Turel with 11,500 derivative-equivalent shares following the transaction and no dispositions disclosed.