Sheriff Alan 4
Research Summary
AI-generated summary
Hudson Technologies (HDSN) Director Alan Sheriff Receives Stock Awards
What Happened
- Alan Sheriff, a director at Hudson Technologies, received stock awards on 2026-06-17: 3,219 shares were granted outright and 15,360 derivative shares were awarded (totaling 18,579 shares). Both awards show an acquisition price of $0.00, indicating compensation awards (e.g., restricted stock or RSUs) rather than a cash purchase.
- This was an acquisition/award (transaction code A). Because these are grants rather than open-market purchases or sales, they typically reflect compensation or incentive awards and are not the same as the director buying shares on the open market.
Key Details
- Transaction date: 2026-06-17; Filing date (Form 4): 2026-06-22 (filed late relative to the standard two-business-day requirement).
- Awards: 3,219 shares (stock) and 15,360 derivative shares; acquisition price reported as $0.00.
- Total shares acquired: 18,579.
- Shares owned after the transaction: not specified in the information provided in this summary (refer to the full Form 4 for exact post-transaction holdings).
- Notable footnotes: derivative award likely represents RSUs or similar restricted/conditional units that may vest over time; filing was late (may be marked “L” in the SEC record).
Context
- Derivative awards (reported as separate from outright shares) usually convert to common shares only upon vesting or satisfaction of conditions; they are not immediate open-market purchases.
- Awards as compensation are common for directors and do not necessarily signal the same ownership intent as a personal purchase; they do, however, increase insider exposure to the company over time if they vest and converts to shares.