STURM RUGER & CO INC·4

Mar 10, 4:59 PM ET

Quinn Benjamin Paul 4

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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.