Ready William J 4
Research Summary
AI-generated summary
Williams‑Sonoma Director William J. Ready Receives 161 Deferred Shares (WSM)
What Happened
- William J. Ready, a director of Williams‑Sonoma, was granted 161 deferred stock units (an award/derivative) on 2026-05-04. The award was recorded at $0.00 per unit (derivative grant) and represents a contingent right to receive common stock in the future.
Key Details
- Transaction date: 2026-05-04; Filing date: 2026-05-06.
- Transaction type: Award/Grant (code A); 161 deferred stock units acquired at $0.00.
- Each deferred stock unit equals a contingent right to one share of WSM common stock (Footnote F1).
- Units were elected in lieu of the cash portion of the annual director retainer under the 2001 Long‑Term Incentive Plan and the Issuer’s Director Compensation Policy (F2).
- The deferred stock units are fully vested and will be delivered in June 2037 (end of deferral), subject to earlier delivery upon certain events (F3).
- Shares owned after the transaction were not specified in the Form 4.
Context
- This was a deferred-compensation award, not an open-market purchase or sale. Deferred stock units grant the right to receive shares later and do not represent immediately tradeable shares. The filing appears timely (filed two days after the transaction).