OConnor Terrence Gregory 4

What Happened

• Terrence O'Connor (listed in the filing as OConnor Terrence Gregory), a director of Sturm, Ruger & Co. (RGR), was granted two equity awards on 2026-05-27 totaling 2,963 shares: 1,185 restricted shares and 1,778 restricted stock units. Both grants were awarded at $0.00 (no cash exchanged), so the immediate reported value is $0.
• These are compensation awards (transaction code A), not purchases or sales — a routine director pay event rather than an open-market trade.

Key Details

• Transaction date: 2026-05-27; Form 4 filed 2026-05-29 (appears timely — two days after the transaction).
• Awards: 1,185 restricted stock (vests at the Company’s 2027 Annual Meeting — Footnote F1) and 1,778 restricted stock units (vest and convert to common stock on May 27, 2029 — Footnote F2).
• Price: $0.00 per share; total immediate cash paid = $0.
• Shares owned after transaction: Not disclosed in the filing.
• Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding sale, or sale activity reported.

Context

• These grants are employer compensation for a director role; they do not indicate a purchase-based bullish signal or a sale-based liquidity event. Restricted stock typically conveys voting rights once issued; RSUs convert to shares upon vesting.
• Vesting schedules matter: one award vests at the 2027 annual meeting, the other converts in 2029, so the economic interest is delayed until vesting.