Purcell Rahquel 4
4 · MSC INDUSTRIAL DIRECT CO INC · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
MSC Industrial (MSM) Director Rahquel Purcell Converts RSUs, Sells Shares
What Happened
Rahquel Purcell, an outside director of MSC Industrial Direct Co., received a grant of 1,603 restricted stock units (RSUs) on Jan 23, 2026 (vesting Jan 23, 2027). On Jan 24, 2026 she had derivative conversions/exercises reported: 695 RSUs and 50 RSU-related units were converted to common stock (745 shares total) and the same amounts were recorded as disposed the same day. All reported acquisition and disposition prices are $0, consistent with RSU conversion and same-day net settlement/withholding rather than an open-market cash purchase.
Key Details
- Transaction dates: Grant 1/23/2026 (1,603 RSUs); conversions/dispositions 1/24/2026 (695 shares and 50 shares).
- Reported prices: $0.00 for all acquisitions/conversions and dispositions (reflects conversion/net settlement).
- Shares owned after the transactions: not specified in the provided excerpt — see the full Form 4 for post-transaction beneficial ownership.
- Relevant footnotes from the filing:
- F1: Each RSU = contingent right to one share.
- F2: Dividend equivalent units accrue with RSUs and convert on same schedule.
- F3: The 1,603 RSUs granted 1/23/26 vest 1/23/27 if she remains an outside director.
- F4: 1,390 RSUs granted 1/24/24 vested in two tranches of 695 on 1/24/25 and 1/24/26.
- Timeliness: Filing dated 1/26/2026 for transactions on 1/23–1/24/2026 — appears timely.
Context
- The M transaction code indicates exercise/conversion of derivative securities (here, RSUs converting into common shares). The matching acquisition and disposition of the same share counts on the same day typically reflect net settlement or share withholding to satisfy tax obligations, not an open-market purchase or a value-driven sale.
- The 1,603 RSU grant vests a year later (1/23/2027) and does not represent immediately tradable shares.
- These entries are routine compensation/vesting-related transactions by a director and do not alone indicate a change in market sentiment. For exact post-transaction holdings and any sale proceeds, consult the full Form 4 filing (accession 0001003078-26-000041).
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock, $0.001 par value
[F1]2026-01-24+695→ 3,862 total - Exercise/Conversion
Class A Common Stock, $0.001 par value
[F2]2026-01-24+50→ 3,912 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.