Bernander Christopher James 4
Research Summary
AI-generated summary
Park Dental (PARK) CFO Christopher Bernander Receives 11,184 RSUs
What Happened
- Christopher James Bernander, Chief Financial Officer of Park Dental Partners, Inc. (PARK), was granted 11,184 restricted stock units (RSUs) on 2026-06-15. The Form 4 reports an acquisition (award) at $0.00 (no cash paid); the filing shows $0 as the reported transaction value because this was a grant of RSUs, not a cash purchase or sale.
Key Details
- Transaction date: 2026-06-15; Form 4 filed: 2026-06-22 (filed 7 days after the transaction; Form 4s are generally due within two business days, so this filing appears late).
- Transaction type/code: A — Award/Grant of derivative securities (RSUs).
- Shares/units granted: 11,184 RSUs; reported price: $0.00; reported dollar value: $0.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes from the filing:
- Each RSU represents a contingent right to receive one share of common stock upon vesting (F1).
- RSUs vest 25% on each of the first four anniversaries of the grant date, subject to continued service and the award agreement (F2).
- The RSUs were granted for no cash consideration (F3).
Context
- RSUs are a form of deferred equity compensation: they do not represent immediate stock ownership until they vest and are settled for shares. This is a grant, not a market purchase or sale, and therefore doesn't directly signal an immediate buy or sell decision by the insider.
- Economic value to the insider will depend on Park Dental’s share price when and if the RSUs vest and are settled.