Nettles Michelle 4
Research Summary
AI-generated summary
ManpowerGroup (MAN) Michelle Nettles Receives RSU Award
What Happened
- Michelle Nettles, Chief People & Legal Officer of ManpowerGroup (MAN), was granted 22,331 restricted stock units (RSUs) on February 13, 2026. The filing shows an acquisition price of $0.00 (a compensation award/derivative grant), so no cash was exchanged at grant. These RSUs will convert to common shares on a 1-for-1 basis when they vest.
Key Details
- Transaction date: 2026-02-13; Filing date: 2026-02-18 (Form 4 filed 5 days after the grant).
- Type: Award/Grant (derivative RSUs) — 22,331 RSUs @ $0.00.
- Vesting: 100% vests on February 13, 2029; settled in ManpowerGroup common stock 1:1 (per footnote).
- Shares owned after transaction: Not disclosed in the filing.
- Timeliness: The Form 4 was filed five days after the grant (beyond the typical 2-business-day deadline), which may be considered late and can attract SEC scrutiny or require explanation.
Context
- RSU awards are a form of compensation, not an open-market purchase or sale; they become actual shares only upon vesting (and may be subject to taxes and company withholding at that time). Such grants are routine for executives and reflect compensation/retention practices rather than an immediate buy or sell signal.