Richer Clare Stack 4
Research Summary
AI-generated summary
PFG Director Richer Clare Stack Receives Restricted Stock Award
What Happened
Richer Clare Stack (Director) received a grant/award of 2,175 restricted stock units (RSUs) on May 19, 2026. The Form 4 reports the acquisition as 2,175 shares at a reported price of $0.00 (total $0), consistent with an RSU grant where no cash was paid at grant.
Key Details
- Transaction date: 2026-05-19; Form 4 filed: 2026-05-21.
- Transaction type/code: A (Award/Grant).
- Shares involved: 2,175 RSUs; price listed: $0.00; reported total value: $0.
- Footnote F1: confirms this was a grant of restricted stock units.
- Shares owned after transaction: not disclosed in the provided excerpt of the filing.
- Filing timeliness: filed May 21 for a May 19 transaction (within the typical 2-business-day reporting window).
Context
RSU grants are a form of equity compensation that typically convert into shares if and when vesting conditions are met; they are not the same as an open-market purchase and do not necessarily signal a personal cash investment. As a director-level award, this is a routine compensation event rather than a direct buy or sell of shares.