Qiu Jack 4
Research Summary
AI-generated summary
A. O. Smith (AOS) SVP Jack Qiu Receives 3,125 RSU Award
What Happened
Jack Qiu, Senior Vice President and President of A. O. Smith China, was granted 3,125 restricted stock units (RSUs) on 02/09/2026. The RSUs were granted at $0.00 (no cash paid) and are recorded as a derivative award; they will be payable in cash when they vest on 02/09/2029.
Key Details
- Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (appears timely under the two-business-day filing rule).
- Award: 3,125 RSUs; grant price reported as $0.00.
- Vesting/payment: Payable in cash on 02/09/2029 (cash-settled RSUs).
- Plan and exemption: Granted under the A. O. Smith Combined Incentive Compensation Plan; transaction exempt under Rule 16b-3.
- Shares owned following the transaction: not specified in the provided filing details.
Context Restricted stock units are a form of compensation that give the holder the economic equivalent of company shares but, in this case, will be settled in cash at vesting rather than issuing stock immediately. Grants like this are routine executive compensation and do not represent an open-market buy or sell by the insider.