Frankiewicz Rebecca 4
Research Summary
AI-generated summary
ManpowerGroup (MAN) President Rebecca Frankiewicz Receives RSU Award
What Happened
- Rebecca Frankiewicz, President & Chief Strategy Officer of ManpowerGroup, had restricted stock units (RSUs) vest on February 17, 2026. The RSUs converted into 4,535 shares of MAN common stock.
- To cover tax withholding, 1,441 of those shares were withheld by the issuer at $28.66 per share (value reported $41,299). The remaining net shares received by Frankiewicz were 3,094 (4,535 − 1,441), with an implied gross value of roughly $129,973 based on the $28.66 price and net value of about $88,674 for the retained shares.
- This was an award/settlement of equity (not a market purchase or voluntary sale).
Key Details
- Transaction dates: February 17, 2026 (vesting/settlement and tax withholding); Form 4 filed February 19, 2026 (timely filing).
- Transaction codes: A = award/grant (RSU settlement), M = conversion/exercise of derivative (RSU to shares, $0 exercise price), F = shares withheld to satisfy tax withholding.
- Price used for withholding valuation: $28.66 per share (closing price on NYSE on Feb 13, 2026, per footnote).
- Shares acquired on settlement: 4,535; shares withheld/disposed for taxes: 1,441; net shares retained: 3,094.
- Shares owned after transaction: Not specified in the Form 4 (filing does not disclose total beneficial ownership post-transaction).
Context
- This was an RSU vesting and conversion event: RSUs converted to common shares with no exercise price (code M shows conversion of a derivative instrument).
- The 1,441-share disposition is issuer withholding to satisfy tax obligations — a common administrative action that is not an open-market sale by the insider.
- No evidence of a 10b5-1 plan or gift; filing appears timely (no late-report indication).