Jones-Tyson Rodney 4
Research Summary
AI-generated summary
ASB Director Rodney Jones-Tyson Receives 4,585-Share Award
What Happened
Director Rodney Jones-Tyson was granted 4,585 restricted stock units (RSUs) on February 1, 2026. The grant is recorded at $27.26 per share, for a total grant value of $124,987. This is an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-01 (Period of Report) — Form filed 2026-02-03 (timely filing).
- Grant price used: $27.26 per share; total value ≈ $124,987.
- Shares owned after transaction: not specified in the provided filing data.
- Footnote: The RSUs will become fully vested on the first anniversary of the grant (Feb 1, 2027) and are payable solely in shares of common stock.
- Filing timeliness: Report appears timely (filed within the standard Form 4 reporting window).
Context
This is a standard director compensation award (RSUs) that will convert into shares upon vesting; it does not represent an immediate cash purchase or sale. Such awards are common and reflect compensation rather than an immediate insider market signal.