Lowney Timothy 4
4 · STURM RUGER & CO INC · Filed Mar 5, 2025
Insider Transaction Report
Form 4
Lowney Timothy
VP of Operations
Transactions
- Disposition to Issuer
Common Stock
2025-03-03$39.46/sh−2,354$92,889→ 6,674 total - Award
Restricted Stock Units
2025-03-03+5,916→ 14,773 totalFrom: 2028-03-03Exp: 2028-03-03→ Common Stock (5,916 underlying) - Exercise/Conversion
Common Stock
2025-03-03$39.46/sh+2,354$92,889→ 9,018 total - Exercise/Conversion
Restricted Stock Units
2025-03-03−2,354→ 8,857 totalFrom: 2025-03-01Exp: 2025-03-01→ Common Stock (2,354 underlying)
Footnotes (2)
- [F1]On March 1, 2022, the reporting person was granted 2,354 cash-settled restricted stock units pursuant to Rule 16b-3, which vested on the third anniversary of the grant. Each cash-settled restricted stock unit represents the contingent right to receive the fair market value of one share of the issuer's common stock on the date of vesting. Vesting of cash-settled restricted stock units is reported in Table I as a deemed acquisition and disposition of the number of shares of common stock underlying such vested restricted stock units.
- [F2]Each restricted stock unit vests and converts to the cash value of one share of common stock on March 3, 2028, in accordance with the terms of the award.