HARRIS JOHN R 4
Research Summary
AI-generated summary
Hackett Group (HCKT) Director John R. Harris Receives RSU Award
What Happened
- John R. Harris, a director of Hackett Group, reported two restricted stock unit (RSU) grants on Feb 12, 2026: 5,007 RSUs and 2,503 RSUs (total 7,510 RSUs). Each grant was recorded at $0.00 (these are awards, not purchases), and no cash changed hands at grant.
- Per the filing, the 5,007 RSUs vest in full on February 12, 2027. The 2,503 RSUs vest in three equal installments beginning February 12, 2027. Upon each vesting event, RSUs convert one-for-one into common shares.
Key Details
- Transaction date and price: 2026-02-12; grant price $0.00 per RSU (award code A).
- Total newly granted: 7,510 RSUs (5,007 + 2,503).
- Vesting: 5,007 RSUs cliff-vest on 2027-02-12; 2,503 RSUs vest in three equal installments starting 2027-02-12.
- Footnotes: F2 and F4 indicate the filing references existing unvested RSU totals (lists include 5,771 unvested RSUs and 8,274 unvested RSUs).
- Filing timeliness: Form 4 was filed 2026-02-17 reporting a 2026-02-12 transaction (appears to be filed late under the usual two-business-day Form 4 requirement).
Context
- RSU grants to outside directors are common compensation and do not indicate an open-market buy or sell. These awards become shares only when they vest and are typically taxable at vesting.
- Because this was an award (not a purchase or sale), it’s routine director compensation rather than a direct signal of insider trading intent.