WIX ALAN T G 4
Research Summary
AI-generated summary
Hackett Group (HCKT) Director Alan Wix Receives RSU Award
What Happened
- Alan T. G. Wix, a member of the board of directors of Hackett Group, received two grants of restricted stock units (RSUs) on February 12, 2026: 5,007 RSUs and 2,503 RSUs. Each grant was issued at $0.00 (awarded, not purchased), totaling 7,510 RSUs awarded.
- Per the filing, the 5,007-RSU grant vests in full on February 12, 2027; the 2,503-RSU grant vests in three equal installments beginning February 12, 2027. The RSUs convert to one share of common stock per RSU upon vesting.
Key Details
- Transaction date: February 12, 2026; Filing date (Form 4): February 17, 2026 (filed one business day after the typical two-business-day deadline).
- Price: $0.00 per share (compensatory award). Total reported acquisition value: $0.
- Shares reported awarded: 5,007 RSUs (single-date vesting) and 2,503 RSUs (three-installment vesting) — total 7,510 RSUs.
- Shares owned after transaction: not detailed in the supplied summary of the filing.
- Footnotes from the filing:
- F1: 5,007 RSUs issued under the Outside Director Compensation Program; vest in full 2/12/2027; convert 1:1 to common shares at vesting.
- F3: 2,503 RSUs issued under the Outside Director Compensation Program; vest in three equal installments starting 2/12/2027; convert 1:1 to common shares at vesting.
- F2 and F4 note inclusion of previously unvested RSUs (5,771 and 8,274 unvested RSUs respectively) in the reporting person’s holdings per the filing.
- No 10b5-1 plan, sale, or option exercise was reported; these are compensatory awards.
Context
- RSU grants are standard director compensation and vest over time; they are not an immediate cash outlay or market purchase. Such awards reflect compensation rather than a direct buy/sell signal.
- The filing was slightly late relative to the typical two-business-day Form 4 filing requirement; late filings can delay public visibility into insider holdings.