Bracey Esi Eggleston 4
Research Summary
AI-generated summary
Williams‑Sonoma (WSM) Director Bracey Eggleston Receives Award
What Happened Bracey Esi Eggleston, a director of Williams‑Sonoma, was granted 132 deferred stock units (a derivative award) on 2026-02-02. The units were recorded as acquired at $0.00 (common for compensation deferrals) and are not immediate share issuances — they are contingent rights that will convert to common stock in the future. This was an award/grant under the company’s director compensation policy and 2001 Long‑Term Incentive Plan, elected in lieu of the cash portion of the annual retainer.
Key Details
- Transaction date: 2026-02-02; Filing date: 2026-02-03 (Form 4 filed timely).
- Grant: 132 deferred stock units (derivative), acquisition price reported as $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnotes from the filing:
- Each deferred stock unit represents a contingent right to receive one share of WSM common stock.
- The units were elected in lieu of the cash portion of the annual retainer under the Issuer’s Director Compensation Policy and granted under the 2001 Long‑Term Incentive Plan.
- The deferred stock units are fully vested and will be delivered in June 2036 (end of the deferral period), subject to earlier delivery upon certain events.
Context Deferred stock units (DSUs) are a form of compensation deferral: they give the holder the right to receive shares later rather than immediately increasing share count today. Because this is a compensation deferral (not an open‑market purchase or sale), it should be interpreted as routine director compensation rather than a direct buy/sell signal about the director’s near‑term view of the stock.