Timm Stephen J. 4
Research Summary
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Ruger (RGR) Director Stephen J. Timm Receives Stock Awards
What Happened Stephen J. Timm, a director of Sturm, Ruger & Co., received two equity awards on May 27, 2026: 1,504 restricted common shares and 1,778 restricted stock units (RSUs). Both awards were reported on an SEC Form 4 filed May 29, 2026; the reported acquisition price for both awards is $0, consistent with typical board compensation grants.
Key Details
- Transaction date: May 27, 2026; Form 4 filed May 29, 2026 (appears timely).
- Awards: 1,504 restricted shares (grant code A) and 1,778 RSUs (grant code A); total 3,282 units.
- Price: $0.00 per share/unit (no cash paid by the insider).
- Vesting/settlement: Restricted shares vest and become exercisable at the Company's 2027 Annual Meeting (Footnote F1). RSUs vest and convert to common stock on May 27, 2029 (Footnote F2).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Transaction code: "A" indicates award/grant (not a market purchase or sale).
Context These were compensation awards, not open-market purchases or sales. Restricted shares and RSUs typically reflect director compensation and have future vesting conditions; they do not necessarily indicate the insider’s short-term view of the stock. No exercise/sale or tax-withholding event was reported in this filing.