|4Jan 26, 4:17 PM ET

Aarnes Robert B 4

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MSC Industrial (MSM) Director Robert B. Aarnes Receives Shares via RSU Vesting

What Happened

  • Robert B. Aarnes, an outside director of MSC Industrial Direct Co., had restricted stock units (RSUs) vest and convert into common shares on January 22, 2026. The filing reports the acquisition (conversion) of 799 shares and an additional 24 shares at $0.00 (derivative conversions). The filing also reports corresponding “disposed” entries for the same amounts labeled as derivative transactions (each at $0.00).

Key Details

  • Transaction date: January 22, 2026; Form filed January 26, 2026 (timely within SEC two-business-day rule).
  • Reported amounts: 799 shares acquired (conversion of RSUs) and 24 shares acquired (dividend-equivalent units), each also shown as disposed as derivatives; price reported $0.00, total value $0 on the Form 4 lines.
  • Shares owned after transaction: not specified in this Form 4.
  • Footnotes of note:
    • F1–F3: 1,598 RSUs were granted Jan 22, 2025; 799 RSUs vested on Jan 22, 2026 and 799 remain scheduled to vest Jan 22, 2027 if service continues. Vested RSUs convert to shares upon vesting.
    • F2 & F4: Dividend equivalent units accrued alongside RSUs (specific small fractional amounts noted) vest with the RSUs and convert to shares.
  • The filing does not state a sale price or cash amount; the reported $0.00 lines reflect conversion/settlement mechanics, not an open-market sale.

Context

  • These entries reflect the vesting and conversion of RSUs (derivative awards) into shares. The simultaneous “disposed” entries reported as derivatives often reflect settlement mechanics (e.g., share delivery or withholding) rather than a market sale; the Form 4 here does not specify the reason for the disposition. This is routine insider reporting of equity compensation vesting and does not, by itself, indicate a deliberate buy or sell signal.