PALADINO STEVEN 4

What Happened

• Steven Paladino, an Outside Director of MSC Industrial Direct Co., received a grant of 1,603 restricted stock units (RSUs) on Jan 23, 2026 (reported value $0). Separately, on Jan 24, 2026 he converted/exercised previously granted derivative awards totaling 745 shares (695 + 50) and the same 745 shares were also reported as disposed on Jan 24, 2026. All transactions are reported at $0 per share (typical for RSU vesting/conversion entries).

Key Details

• Transaction dates: RSU grant on 2026-01-23; conversions/exercises and disposals on 2026-01-24. Filing date: 2026-01-27.
• Price/value: all reported at $0 (the filing lists these as RSU/derivative conversions, not cash purchases).
• Shares involved: 1,603 RSUs granted (new award); 695 RSUs and 50 RSUs were converted/exercised and also disposed the same day (total 745).
• Vesting note: the 1,603 RSUs granted on 2026-01-23 vest on 2027-01-23 if he remains an Outside Director (per footnote). The 695+695 pattern matches a prior 1,390-RSU grant from 2024 that vested in two installments (695 on 2025-01-24 and 695 on 2026-01-24).
• Shares owned after the transactions are not specified in the filing.
• Filing timeliness: Form 4 was filed 2026-01-27; the filing contains no late-report flag.

Context

• RSUs are conditional awards that convert into shares upon vesting; the filing clarifies each RSU and dividend-equivalent unit represents a contingent right to one share. The conversions reported at $0 and same-day disposals indicate conversion of vested RSUs with immediate disposition (the filing does not state the reason, e.g., sale to cover taxes or other cashless-sale mechanics).
• Grants (the 1,603 RSUs) are forward-looking and vest later if service conditions are met; they do not represent immediately tradable shares.