Kaufmann Michael C 4
4 · MSC INDUSTRIAL DIRECT CO INC · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
MSM Director Michael Kaufmann Receives RSUs, Converts Vested Shares
What Happened
- Michael C. Kaufmann, an Outside Director of MSC Industrial Direct Co., was granted 1,603 restricted stock units (RSUs) on Jan 23, 2026 (no cash paid). On Jan 24, 2026 the filing shows conversion/exercise of 695 and 50 derivative units (total 745 shares) at $0.00; those same 695 and 50 shares are also reported as disposed on Jan 24, 2026. The filing reports $0.00 acquisition price because RSUs and similar derivative conversions do not require cash exercise payments.
Key Details
- Transaction dates: Grant on 2026-01-23; conversions/exercises and disposals on 2026-01-24. Filing date: 2026-01-26 (reporting period 2026-01-23).
- Prices: $0.00 per share for the grant and conversions (typical for RSU vesting/conversion). Total dollar amounts shown in the filing: $0.
- Shares involved: 1,603 RSUs granted (vest Jan 23, 2027 subject to continued service). 695 RSUs vested on Jan 24, 2026 (part of a 2024 grant); 695 had vested on Jan 24, 2025 previously per footnote. An additional 50 converted shares are reported the same day.
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: Each RSU is a contingent right to one share.
- F2: Dividend equivalent units accrue with RSUs and vest with them (each represents a contingent right to one share).
- F3: The 1,603 RSUs granted 1/23/2026 vest 1/23/2027 if the director remains in service.
- F4: 1,390 RSUs were granted 1/24/2024, with 695 RSUs vesting on 1/24/2025 and 695 RSUs vesting on 1/24/2026.
- Timeliness: The filing was submitted on Jan 26, 2026 for transactions dated Jan 23–24, 2026; there is no indication in the filing that it was late.
Context
- RSUs are awards that convert to shares without an out‑of‑pocket exercise price; the $0.00 amounts reflect that structure.
- The filing shows the converted/converted shares were also marked "Disposed" the same day; filings often record same‑day disposals when shares are sold or transferred immediately (for example, to cover taxes), but this filing does not disclose sale proceeds or the disposition method.
- This activity appears largely administrative (RSU grant and vesting/conversion), not an open‑market purchase or executive sale that would more directly signal a trading view.
Insider Transaction Report
Form 4
Kaufmann Michael C
Director
Transactions
- Exercise/Conversion
Class A Common Stock, $0.001 par value
[F1]2026-01-24+695→ 15,501 total - Exercise/Conversion
Class A Common Stock, $0.001 par value
[F2]2026-01-24+50→ 15,551 total - Award
Restricted Stock Units (RSU)
[F1][F3]2026-01-23+1,603→ 1,603 total→ Class A Common Stock, $0.001 par value (1,603 underlying) - Exercise/Conversion
Restricted Stock Units (RSU)
[F1][F4]2026-01-24−695→ 0 total→ Class A Common Stock, $0.001 par value (695 underlying) - Exercise/Conversion
Dividend Equivalent Units
[F2]2026-01-24−50→ 25 total→ Class A Common Stock, $0.001 par value (50 underlying)
Footnotes (4)
- [F1]Each RSU represents a contingent right to receive one share of Common Stock.
- [F2]The dividend equivalent units accrued with respect to outstanding awards of restricted stock units (RSUs) and vest at the same time(s) as the underlying RSUs. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock.
- [F3]1,603 RSUs were granted on January 23, 2026, and vest on January 23, 2027, provided that the Reporting Person continues to serve as Outside Director through the applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
- [F4]1,390 RSUs were granted on January 24, 2024. 695 RSUs vested on each of January 24, 2025 and January 24, 2026.
Signature
/s/ Michael Kaufmann|2026-01-26