McGinnis John T 4
Research Summary
AI-generated summary
ManpowerGroup (MAN) CFO John McGinnis Receives 52,118-Share Award
What Happened
- John T. McGinnis, Executive Vice President and Chief Financial Officer of ManpowerGroup (MAN), reported awards on 2026-02-13: 10,248 shares were acquired upon vesting of 2023 performance share units, and 41,870 restricted stock units (RSUs) were granted at $0.00.
- The 10,248 shares reflect vesting of performance share units (received now). The 41,870 RSUs are a derivative award that will vest 100% on February 13, 2029 and will be settled 1-for-1 in ManpowerGroup common stock. No cash was paid for the RSU grant.
Key Details
- Transaction date: February 13, 2026; Form 4 filed February 18, 2026 (timely filed within two business days).
- Reported amounts/prices: 10,248 shares acquired (price N/A); 41,870 RSUs @ $0.00 (derivative award, reported value $0).
- Shares owned after transaction: not stated in the filing.
- Footnotes: F1—vesting of 2023 performance share units (exempt under Rule 16b-3); F2—RSU award under the Company’s 2011 Equity Incentive Plan, vesting 100% on 2/13/2029 and settled 1:1 in common stock.
- Transaction code: A = Award/Grant.
Context
- These transactions are compensation awards, not open-market purchases or sales; awards are common executive pay and do not necessarily signal immediate trading intent.
- The RSUs are derivative awards that will convert to shares only upon vesting in 2029; the vested performance shares were delivered now and were treated as exempt under Rule 16b-3 per the filing.