DAVIS RICHARD L 4
4 · SYPRIS SOLUTIONS INC · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Sypris (SYPR) SVP/Treasurer Richard Davis Receives RSU Award
What Happened
- Richard L. Davis, SVP and Treasurer of Sypris Solutions, was granted 20,000 restricted stock units (RSUs) on July 2, 2026. The grant is reported as a derivative award (code A) with an acquisition price of $0.00 — RSUs are rights to receive shares in the future rather than an immediate cash purchase or sale.
Key Details
- Transaction date: 2026-07-02; Form 4 filed: 2026-07-06.
- Award: 20,000 RSUs granted at $0.00 per unit (no immediate cash exchanged).
- Vesting: RSUs vest in full on the three-year anniversary of the grant, contingent on continued employment (see footnotes F1 & F2).
- Shares owned after transaction: Not disclosed in the filing.
- Filing status: Form filed on 2026-07-06; filing shows no late-filing flag in the record.
Context
- RSUs are a deferred compensation vehicle: each RSU represents a contingent right to one share upon vesting. This award does not represent an immediate purchase or sale and does not reflect immediate cash proceeds. Vesting is time-based (three years) and dependent on continued employment, so these awards primarily indicate long-term equity compensation rather than short-term trading by the insider.
Insider Transaction Report
Form 4
DAVIS RICHARD L
SVP and Treasurer
Transactions
- Award
Restricted Stock Units
[F1][F2]2026-07-02+20,000→ 20,000 total→ Common Stock (20,000 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.
Signature
/s/ Rachel A. Brady, by Power of Attorney on file with the Commission|2026-07-06