O'Brien Dana C. 4
Research Summary
AI-generated summary
AdvanSix Director Dana C. O'Brien Receives 6,207 RSUs
What Happened
Dana C. O'Brien, a director of AdvanSix Inc. (ASIX), was granted 6,207 restricted stock units (RSUs) on June 22, 2026. The Form 4 lists the acquisition price as $0.00 for the award (typical for RSU grants), and the units will vest in full on June 22, 2027. This is an award/grant rather than a purchase or sale.
Key Details
- Transaction date: June 22, 2026; Form 4 filed June 24, 2026.
- Transaction type/code: A (Award/Grant) — 6,207 RSUs @ $0.00 (total reported value $0 on the Form 4).
- Vesting: RSUs vest in full on June 22, 2027 (per footnote: granted under AdvanSix's 2016 Stock Incentive Plan).
- Shares owned after transaction: Not disclosed on the filing.
- Notable footnote: Grant pursuant to the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as Amended and Restated.
- Filing timeliness: Form filed two days after the grant (no late-filing flag reported).
Context
RSU grants are a common form of director compensation and represent a promise to deliver shares if vesting conditions are met; they do not involve an immediate cash purchase by the insider. Because RSUs can be forfeited before vesting, they are different from open-market purchases and typically do not, by themselves, signal an immediate insider market conviction.