Zegna (NYSE: ZGN) Co-CEO reports 126,447 shares and 15,600 RSUs
Rhea-AI Filing Summary
Ermenegildo Zegna N.V. executive Zegna di Monte Rubello Angelo, Co-CEO of the ZEGNA brand, filed an initial ownership report showing his equity position in the company. He directly holds 126,447 ordinary shares.
He also holds 15,600 Restricted Share Units (RSUs) granted under the Long-Term Incentive Awards 2022-2025. According to the award terms, these RSUs are scheduled to vest in May 2026, and upon vesting, one ordinary share will be delivered for each RSU.
Positive
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zegna di Monte Rubello Angelo
Role
Co-CEO of the ZEGNA brand
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | Ordinary Shares, nominal value Euro 0.02 per share | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 15,600 shares (Direct);
Ordinary Shares, nominal value Euro 0.02 per share — 126,447 shares (Direct)
Footnotes (1)
- F1. Restricted Share Units ("RSUs") were assigned as part of the Long-Term Incentive Awards 2022-2025. RSU awards will vest in May 2026. Upon vesting, one ordinary share is assigned for each RSU.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 filing by Zegna di Monte Rubello Angelo for ZGN show?
The Form 3 shows Zegna di Monte Rubello Angelo’s initial reported stake in Ermenegildo Zegna N.V.. He holds 126,447 ordinary shares and 15,600 RSUs tied to long-term incentive awards vesting in May 2026.
When do the 15,600 RSUs for Zegna di Monte Rubello Angelo vest?
The 15,600 RSUs are scheduled to vest in May 2026. At vesting, each RSU converts into one ordinary share of Ermenegildo Zegna N.V., aligning compensation with longer-term company performance over the 2022-2025 incentive period.
What happens upon vesting of the RSUs reported for ZGN’s Co-CEO?
Upon vesting in May 2026, each of the 15,600 RSUs delivers one ordinary share of Ermenegildo Zegna N.V. This means RSUs convert into actual equity, increasing the executive’s share holdings if the vesting conditions are satisfied.
Are the RSUs in the ZGN Form 3 part of a long-term incentive plan?
Yes. The 15,600 RSUs were granted as part of the Long-Term Incentive Awards 2022-2025. This structure is designed to link executive compensation to multi-year company performance, with share delivery occurring at vesting in May 2026.