DUNGAN DAVID N 4
Research Summary
AI-generated summary
Hackett Group (HCKT) Vice Chair & COO David Dungan Receives RSU Award
What Happened
- David N. Dungan, Vice Chairman and Chief Operating Officer (and director) of Hackett Group, was granted 12,219 restricted stock units (RSUs) on Feb 12, 2026 (reported on Form 4 filed Feb 17, 2026). The grant is recorded at $0.00 per share (no cash paid).
- On Feb 13, 2026, 11,971 shares were surrendered/withheld to satisfy tax withholding obligations related to the award (reported as a disposition with $0.00 proceeds).
Key Details
- Transaction types/codes: A = Award/Grant (12,219 RSUs on 2026-02-12); F = Tax withholding (11,971 shares on 2026-02-13).
- Reported price: $0.00 per share for both entries (typical for RSU grants and withholding).
- Vesting: The RSUs vest in three equal installments beginning February 12, 2027; upon vesting each RSU converts one-for-one to common stock (footnote).
- Holdings note: Filing references 41,223 unvested RSUs (per footnote).
- Filing: Form 4 was filed on Feb 17, 2026 reporting the Feb 12–13, 2026 transactions.
Context
- This was a compensatory equity award, not an open-market purchase or sale. RSU grants are standard executive compensation and do not necessarily indicate a buy/sell signal.
- The 11,971-share disposition was a tax-withholding event (shares surrendered to cover taxes), a common administrative step after an RSU grant.