Cornog William L 4
Research Summary
AI-generated summary
Azenta (AZTA) Director William Cornog Receives RSU Award
What Happened
William L. Cornog, a director of Azenta, Inc. (AZTA), was granted 5,663 restricted stock units (RSUs) on February 5, 2026. The filing reports this as an award (derivative security); no per-share price or immediate cash value is provided. The units are fully vested upon grant but the Reporting Person elected to defer settlement.
Key Details
- Transaction type: Award/Grant of RSUs (code A) on 2026-02-05.
- Quantity: 5,663 restricted stock units. Price/total value: not disclosed (N/A).
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- Each RSU represents the right to one share; units are fully vested but settlement is deferred until the later of the director’s attainment of age 65 or separation from service.
- Grant made under the 2020 Equity Incentive Plan; no amount was paid on grant.
- Filing timing: Report filed 2026-02-06 for a 2026-02-05 grant — appears timely (Form 4s are generally due within two business days).
Context
RSUs are compensation awards (not open-market purchases or sales). Because settlement is deferred, Cornog has a vested right to future shares but did not receive tradable shares immediately, so this award does not indicate an immediate change in marketable holdings. Such grants are common executive/director compensation and should be viewed as part of pay, not a direct buy or sell signal.