Campion Andrew 4
Research Summary
AI-generated summary
Williams-Sonoma (WSM) Director Andrew Campion Exercises 1,257 RSUs
What Happened Andrew Campion, a director of Williams‑Sonoma (WSM), recorded the conversion/exercise of 1,257 restricted stock units (RSUs) on June 11, 2026. The Form 4 shows 1,257 derivative units acquired at $0.00 and a corresponding derivative disposition for 1,257 units at $0.00 — a technical reporting of the RSU conversion. No cash changed hands and no open‑market sale or purchase of shares was reported.
Key Details
- Transaction date: June 11, 2026; Form 4 filed June 12, 2026 (timely).
- Security: Restricted stock units converted (transaction code M — option/derivative exercise/conversion).
- Shares involved: 1,257 units; reported price: $0.00; total cash value shown: $0.
- Shares owned after transaction: Not disclosed in the provided filing details.
- Footnotes:
- F1: Each RSU equals a contingent right to one share of WSM common stock.
- F3: These RSUs fully vested on June 11, 2026.
- F2: Vested shares will be delivered on June 11, 2028 (end of deferral), subject to earlier delivery upon certain events.
- Filing timeliness: Filed the next day — not marked late.
Context This was a conversion of vested RSUs into underlying stock rights — not an open‑market buy or sale. Because delivery of the shares is deferred until June 11, 2028 per the filing, Campion did not receive tradable shares immediately. Such RSU vesting/conversion events are common for insiders and are administrative rather than a direct market signal of buying or selling intent.