Zumiez (ZUMZ) director granted 4,110 common shares in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Louden Steve reported acquisition or exercise transactions in this Form 4 filing.
Zumiez Inc director Steve Louden received a grant of 4,110 shares of Common Stock at no stated purchase price. After this equity award, his direct holdings increased to 29,335 common shares. According to the footnote, the shares are scheduled to begin vesting on the date of the next annual meeting of shareholders, generally about one year from the grant date, provided he has not had a Separation from Service before that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Louden Steve
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,110 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,335 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 4,110 shares
Grant price per share: $0.0000 per share
Holdings after transaction: 29,335 shares
3 metrics
Equity grant size
4,110 shares
Common Stock grant to director Steve Louden
Grant price per share
$0.0000 per share
Recorded transaction price for awarded shares
Holdings after transaction
29,335 shares
Direct Common Stock ownership following the grant
Key Terms
Grant, award, or other acquisition, Common Stock, vesting commencement date, Separation from Service
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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.
vesting commencement date financial
"The vesting commencement date shall be the date of the next annual meeting of shareholders"
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) report for Steve Louden?
Zumiez reported that director Steve Louden received a grant of 4,110 shares of Common Stock. The award was recorded at a price of $0.0000 per share and is classified as a grant or other acquisition rather than an open-market purchase.
Is the Zumiez (ZUMZ) stock grant to Steve Louden immediately vested?
The grant is not immediately vested. The vesting commencement date is the next annual meeting of shareholders, generally about one year from the grant date, provided Steve Louden does not have a Separation from Service before that vesting date.
Was Steve Louden’s Zumiez (ZUMZ) stock grant an open-market purchase?
No. The transaction is coded as a grant, award, or other acquisition rather than an open-market purchase. The shares were awarded at a stated price of $0.0000 per share, indicating a compensation-related equity grant instead of a market transaction.