Steele Christopher Eugene 4
4 · Park Dental Partners, Inc. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Park Dental (PARK) Chief Clinical Officer Steele Receives RSU Award
What Happened
Christopher Eugene Steele, listed in the filing as a Director with remarks identifying him as Chief Clinical Officer - General Practices, was granted 5,855 restricted stock units (RSUs) on June 15, 2026. The grant is reported as an award (transaction code A) with an acquisition price of $0.00 (no cash paid). The RSUs are derivative awards that convert into common shares upon vesting.
Key Details
- Transaction date: 2026-06-15; Form 4 filed: 2026-06-22 (filed 7 days after the grant; appears late compared with the usual 2-business-day Form 4 deadline).
- Grant: 5,855 RSUs; reported price $0.00; total cash consideration reported $0.
- Vesting: 25% vest on each of the first four anniversaries of the grant date, subject to continued service and award terms (footnote).
- Shares owned after transaction: not specified in this filing.
- Footnotes: F1 = 1 RSU = contingent right to 1 share upon vesting; F2 = four-year, 25% annual vesting schedule; F3 = granted for no cash consideration.
Context
This was an equity award (RSUs), not an open-market purchase or sale. RSU grants are common compensation for executives and do not by themselves indicate buying or selling sentiment — value is realized only as units vest and convert to shares. The late filing may be noteworthy for compliance monitoring but does not change the nature of the award.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-06-15+5,855→ 5,855 totalExercise: $0.00→ Common Stock (5,855 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Park Dental Partners, Inc. Common Stock upon vesting.
- [F2]The restricted stock units vest 25% on each of the first four anniversaries of the grant date, subject to the Reporting Person's continued service through each applicable vesting date and the terms of the applicable award agreement.
- [F3]The restricted stock units were granted for no cash consideration.