GILL JEFFREY T 4
4 · SYPRIS SOLUTIONS INC · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Sypris (SYPR) 10% Owner Jeffrey T. Gill Receives RSU Award
What Happened
Jeffrey T. Gill, reported as a 10% owner of Sypris Solutions, was granted 50,000 restricted stock units (RSUs) on July 2, 2026. The RSUs were reported as acquired at $0.00 (no purchase price) and are recorded as a derivative award rather than an immediate share transfer. The filing does not state a cash value or the number of shares Gill owns following the grant.
Key Details
- Transaction date: 2026-07-02. Form 4 filed: 2026-07-06. Transaction code: A (award/grant).
- Amount: 50,000 RSUs; acquisition price shown as $0.00 (no cash paid).
- Shares owned after transaction: not specified in the provided filing.
- Footnote summary: Each RSU is a contingent right to one share; RSUs vest in full on the three‑year anniversary of the grant provided the reporting person remains employed. (Footnotes F1–F2.)
- Insider status: reporting person listed as a 10% owner (large stakeholder).
- Timeliness: filing date is listed; the form shows no explicit late‑filing flag in the supplied data.
Context
RSUs are a deferred compensation/derivative award — they do not represent immediate voting shares or cash until they vest and convert into common stock. Awards like this are common for compensation and retention and do not, by themselves, indicate buying or selling sentiment. Because Gill is reported as a 10% owner, this is a grant to a major stakeholder; it should be viewed as a compensation/retention event rather than an open‑market purchase.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-07-02+50,000→ 50,000 total→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Grant of restricted stock units ("RSUs") under the 2025 Sypris Omnibus Plan. Each RSU represents a contingent right to receive one share of common stock of the Issuer.
- [F2]The RSUs shall vest in full on the three-year anniversary date of the grant, provided that the Reporting Person remains employed by the Issuer on such vesting date.