Zumiez executive exercises 7,507 RSUs, net 73,664 shares
Zumiez Inc President International Adam Christopher Ellis reported routine equity compensation activity.
Rhea-AI Filing Summary
Zumiez Inc President International Adam Christopher Ellis reported routine equity compensation activity. He exercised 7,507 restricted stock units, converting them into the same number of common shares at no cost, with the units converting on a one-for-one basis.
To cover taxes on the restricted stock, 1,828 common shares were withheld by Zumiez Inc. Following these transactions, Ellis directly holds 73,664 shares of common stock. The acquired shares are tied to a restricted stock unit grant that will vest over three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,507 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,507 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,828 | $21.17 | $39K |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. Shares withheld by Zumiez Inc. to pay taxes on restricted stock.
- F3. The shares acquired represent a grant of restricted stock units that will vest over 3 years.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Zumiez (ZUMZ) report for Adam Christopher Ellis?
What type of securities were involved in the Zumiez (ZUMZ) Form 4 filing?
How will the newly acquired Zumiez (ZUMZ) restricted stock units vest?
What does the M and F transaction code mean in the Zumiez (ZUMZ) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.