ALLEN ANTHONY C 4
Research Summary
AI-generated summary
Sypris (SYPR) VP Anthony C. Allen Receives RSU Award
What Happened
- Anthony C. Allen, Vice President and Assistant Treasurer of Sypris Solutions, received equity awards in the form of restricted stock units (RSUs). The filing shows two grants: 50,000 RSUs dated 2026-07-01 and 12,500 RSUs dated 2026-07-02. Both grants were recorded at $0.00 (no cash paid) and are derivative awards — each RSU represents a contingent right to one share of Sypris common stock.
Key Details
- Transaction types: Award/Grant (code A); total RSUs granted = 62,500 (50,000 on 7/1; 12,500 on 7/2).
- Grant prices: $0.00 per RSU (no cash consideration at grant).
- Vesting: One grant vests in full on the 17-month anniversary of the grant; the other vests in full on the 3-year anniversary, provided continued employment (per footnotes).
- Filing date: Form 4 filed 2026-07-06. The 7/1 grant appears to have been filed late (should have been reported within two business days); the 7/2 grant was filed within the two-business-day window.
- Shares owned after the transactions: Not specified in the provided filing summary.
Context
- RSUs are a common form of compensation that convert to shares only if vesting conditions are met; they do not represent immediate stock purchases or sales. These awards do not, by themselves, indicate whether the insider expects the stock to rise or fall — they are compensation tied to continued employment.