PELLER PHILIP 4
4 · MSC INDUSTRIAL DIRECT CO INC · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
MSC Industrial (MSM) Director Philip Peller Receives RSU Award
What Happened
Philip Peller, an Outside Director of MSC Industrial Direct Co. (MSM), was granted 1,603 restricted stock units (RSUs) on January 23, 2026. The Form 4 records the acquisition as 1,603 derivative shares at $0.00 (no cash paid at grant). Each RSU represents a contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction date: January 23, 2026; Grant of 1,603 RSUs @ $0.00 (derivative award).
- Vesting: RSUs vest on January 23, 2027, subject to continued service as an Outside Director; vested shares will be delivered upon vesting.
- Filing date: January 26, 2026 (reported on Form 4, accession 0001003078-26-000037) — filed within the normal reporting window.
- Shares owned after the transaction: Not specified in the filing.
- Footnotes: F1 — each RSU converts to one share upon vesting; F2 — vesting conditional on continued service through Jan 23, 2027.
Context
This was an equity compensation grant to a non-employee director (common practice for board pay), recorded as a derivative award because RSUs are rights to future shares. Grants are routine director compensation and do not represent an open-market purchase or sale of existing shares.
Insider Transaction Report
- Award
Restricted Stock Units (RSU)
[F1][F2]2026-01-23+1,603→ 1,603 total→ Class A Common Stock, $0.001 par value (1,603 underlying)
Footnotes (2)
- [F1]Each RSU represents a contingent right to receive one share of Common Stock.
- [F2]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.