Edelson I Steven 4
Research Summary
AI-generated summary
Distribution Solutions Group (DSGR) Director Steven I. Edelson Receives Award
What Happened
- Steven I. Edelson, a director of Distribution Solutions Group, Inc. (DSGR), was granted an award of 4,601 restricted stock units (RSUs) on 2026-05-13. The award is reported at a per-share value of $27.17, for a total reported value of $125,009. This filing reflects an acquisition-type award (Form 4 code A), not an open-market purchase or sale.
Key Details
- Transaction date and value: 2026-05-13; 4,601 RSUs at $27.17 per share; total $125,009.
- Award type: Restricted Stock Units (RSUs) reported as an acquisition (code A).
- Vesting/conversion: Per footnote, the RSUs vest on May 14, 2027 and will convert to shares of Common Stock subject to the award agreement.
- Shares owned after transaction: Not disclosed in this Form 4.
- Filing timeliness: Reported on 2026-05-15 (two days after the transaction); appears to be timely under the Form 4 two-business-day rule.
Context
- RSU awards are compensation grants that convert to shares only after vesting; they do not represent immediately tradable shares. This is a standard director compensation event and should be interpreted as an award granted under company compensation arrangements, not as a direct open-market investment decision.