Alexander Paul Garvin 4
Research Summary
AI-generated summary
Johnson Outdoors (JOUT) Director Alexander Garvin Receives Award
What Happened
Alexander Paul Garvin, a director of Johnson Outdoors Inc. (JOUT), received an award of 2,314 shares of restricted stock on February 27, 2026. The grant was reported at a price of $0.00 (an equity award/compensation grant), so no cash was paid by the insider. The filing shows the shares are restricted stock subject to vesting.
Key Details
- Transaction date: 2026-02-27. Transaction code: A (award/grant/acquisition).
- Award amount and price: 2,314 shares granted at $0.00 (total cash cost to insider = $0).
- Vesting: All 2,314 shares vest on the first anniversary of the grant (February 27, 2027) — per footnote F1.
- Shares owned after transaction: Not disclosed in the provided filing (not reported here).
- Filing timeliness: Form 4 was filed 2026-03-02 and appears timely (within the SEC’s two-business-day window).
Context
This was a compensation-related restricted stock award, not an open-market purchase or sale. Restricted shares typically align an insider’s interests with long-term company performance but are subject to vesting conditions and are not immediately transferable. The grant itself is informational about how the company compensates directors and does not, by itself, indicate a buy or sell signal.