Quinn Benjamin Paul 4
4 · STURM RUGER & CO INC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
RGR VP Benjamin Paul Receives 4,943-Unit RSU Award
What Happened Benjamin Paul, Vice President of Strategy & Business Development at Sturm Ruger & Co. (RGR), was granted 4,943 restricted stock units (reported as a derivative award) on March 6, 2026. The units were reported with an acquisition price of $0.00 (a compensation grant rather than a market purchase). The award is cash-settled and will convert to the cash value of one share per unit on March 6, 2029, per the award terms.
Key Details
- Transaction date and type: 2026-03-06 — Grant/Award of 4,943 restricted stock units (code A), $0.00 reported acquisition price.
- Filing: Form 4 filed 2026-03-10 (timely — within the required two business days).
- Shares owned after transaction: Not provided in the filing extract supplied.
- Footnote: F1 — Each restricted stock unit vests and converts to the cash value of one share of common stock on March 6, 2029, per award terms.
- Settlement: Cash-settled (units convert to cash value, not actual shares, on vesting).
Context This was a compensation grant (an award), not an open-market purchase or sale. Awards like RSUs are commonly used for executive compensation and are subject to vesting/service conditions; they do not necessarily signal a buy or sell decision by the insider. Because these RSUs are cash-settled, the holder will receive cash equivalent to the share value at conversion rather than receiving shares.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-03-06+4,943→ 9,652 totalExercise: $0.00From: 2029-03-06Exp: 2029-03-06→ Common Stock (4,943 underlying)
Footnotes (1)
- [F1]Each restricted stock unit vests and converts to the cash value of one share of common stock on March 6, 2029, in accordance with the terms of the award.