Reid William P 4
Research Summary
AI-generated summary
EMCOR (EME) Director Reid William P Receives RSU Award
What Happened
- Reid William P, a director of EMCOR Group, Inc. (EME), was issued 1 restricted stock unit (RSU) on April 30, 2026. The RSU was recorded at $0.00 (no cash paid) and represents an award issued as a consequence of the company's April 30, 2026 dividend.
- This was an award/grant (not a purchase or sale). The filing shows the RSU is subject to the same vesting and forfeiture provisions as the original RSUs it relates to.
Key Details
- Transaction date: April 30, 2026. Filing date: May 1, 2026 (timely).
- Amount: 1 RSU issued; price reported $0.00 (no cash cost). Total reported value: $0.
- Shares owned after transaction: not specified in the provided summary; the filing notes that reported holdings include shares issuable in respect of RSUs (see footnote F2).
- Footnotes of note:
- F1: RSU issued due to the April 30, 2026 dividend and subject to the same vesting/forfeiture rules as the RSUs they reference.
- F2: Reported holdings include shares issuable upon RSU vesting.
- Filing timeliness: Reported within the typical Form 4 window (filed next day), so no late-filing flag.
Context
- These RSUs are a form of equity compensation/stock dividend rather than an open-market buy or sale, so they reflect dividend-related issuance and existing compensation arrangements rather than a directional trade by the insider.
- RSUs convert to shares when vested; until vested they are contingent awards and not freely tradable shares.