Zumiez (ZUMZ) director receives 4,110-share equity grant in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Harkless Guy Matthew reported acquisition or exercise transactions in this Form 4 filing.
Zumiez Inc director Guy Matthew Harkless received an equity grant of 4,110 shares of common stock. The award was recorded at a price of $0.00 per share, indicating a stock-based compensation grant rather than a market purchase. After this grant, his direct holdings total 18,495 common shares.
The footnote explains that the vesting commencement date will be the date of the next annual meeting of shareholders, generally about one year from the grant date, provided he does not have a Separation from Service before that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harkless Guy Matthew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,110 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,495 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 4,110 shares
Grant price: $0.00 per share
Holdings after grant: 18,495 shares
3 metrics
Shares granted
4,110 shares
Common stock grant to director on 2026-06-03
Grant price
$0.00 per share
Reported transaction price for awarded shares
Holdings after grant
18,495 shares
Total direct Zumiez common shares held by Harkless after transaction
Key Terms
Grant, award, or other acquisition, vesting commencement date, Separation from Service
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vesting commencement date financial
"The vesting commencement date shall be the date of the next annual meeting"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
Separation from Service financial
"in the event the Grantee does not have a Separation from Service prior to this vesting date"
FAQ
What insider transaction did Zumiez (ZUMZ) disclose for Guy Matthew Harkless?
Zumiez disclosed that director Guy Matthew Harkless received a grant of 4,110 shares of common stock. The award was reported at $0.00 per share as a compensation grant, increasing his direct ownership to 18,495 Zumiez common shares following the transaction.
What was the size and price of the Zumiez (ZUMZ) stock award to Harkless?
The award to director Guy Matthew Harkless was 4,110 shares of Zumiez common stock at a reported transaction price of $0.00 per share. This pricing indicates a stock compensation grant, not a cash purchase, consistent with typical director equity awards.
Is the Zumiez (ZUMZ) Form 4 for Harkless a purchase or a grant?
The Form 4 reports a grant, not a market purchase. It uses transaction code “A” for a grant, award, or other acquisition and shows a price of $0.00 per share, which is characteristic of stock-based compensation awarded to a director.
What does the vesting condition in the Zumiez (ZUMZ) footnote mean for Harkless?
The footnote states the shares vest starting at the next annual shareholder meeting, generally around one year from the grant date. Vesting depends on Harkless not having a Separation from Service before that date, tying the award to continued board service.