Ross William Masters 4
Research Summary
AI-generated summary
Unifirst (UNF) Exec VP Ross Masters Sells 1,128 Shares
What Happened
- Ross William Masters, Executive Vice President of Unifirst Corp (UNF), reported a sale of 1,128 shares on February 9, 2026. The shares were disposed at $201.38 per share for total proceeds of $227,157. The Form 4 was filed on February 10, 2026.
Key Details
- Transaction date: 2026-02-09; filing date: 2026-02-10 (appears timely).
- Transaction type/code: Sale (S) — reported as open market or private sale.
- Price per share: $201.38; shares sold: 1,128; total proceeds: $227,157.
- Sale executed pursuant to a Rule 10b5-1(c) trading plan adopted November 10, 2025 (Footnote F1).
- Long-term equity awards reported (Footnote F2): 3,849 restricted stock units (RSUs) outstanding with vesting scheduled as follows — 224 vest in one remaining installment on 10/31/2026; 552 vest in two equal annual installments (10/31/2026 & 10/31/2027); 959 vest in three equal annual installments (10/31/2026–10/31/2028); 822 vest in two equal installments (10/31/2026 & 10/31/2027); 1,292 vest in three equal installments (10/31/2026–10/31/2028).
- Shares owned after transaction: not disclosed in this filing.
Context
- The sale was made under a pre-established Rule 10b5-1 plan, which is commonly used to schedule insider trades and reduce the risk of trading on material nonpublic information. Such plan-driven sales are generally considered routine and do not by themselves indicate management's current view of the company. The reported outstanding RSUs indicate additional compensation will vest through October 2028.