Owens Lester 4
Research Summary
AI-generated summary
Chefs' Warehouse (CHEF) Director Lester Receives 1,652-Share Award
What Happened
- Lester Owens, a director of Chefs' Warehouse, received a grant of 1,652 restricted stock units (RSUs) on May 8, 2026. The Form 4 reports the acquisition as an award (code A) at a reported price of $0.00 (typical for equity awards at grant).
Key Details
- Transaction date: 2026-05-08; Form 4 filed: 2026-05-11.
- Award: 1,652 time‑vested RSUs; reported price: $0.00.
- Shares owned after the transaction: not specified in the filing.
- Footnote: RSUs are convertible to one share each and generally vest at the earlier of the Issuer's 2027 annual stockholders' meeting or the one‑year anniversary of the grant.
- Transaction code: A (award/grant). No 10b5-1 plan, tax withholding, or late‑filing flag noted in the filing data provided.
Context
- RSUs are a form of compensation that convert into shares upon vesting; they are not an open‑market purchase or sale. Such grants are common for board compensation and do not, by themselves, indicate buying or selling sentiment.