Winnall Richard Charles 4
Research Summary
AI-generated summary
Americold (COLD) Richard Winnall Receives RSUs and Exercises Derivatives
What Happened
Richard Charles Winnall, President, International of Americold Realty Trust (COLD), was granted/received equity awards and executed conversions on March 8, 2026. The filing reports awards (A) of 44,764 and 67,146 RSU/PRSU-type units (total 111,910 units) and exercise/conversion (M) transactions of 2,695 and 3,805 shares that were both acquired and immediately disposed the same day. All transactions are reported at $0.00 per share on the Form 4 (reported cash exchanged = $0). Net result: +111,910 awarded/vested units after the same-day conversions/dispositions.
Key Details
- Transaction date: March 8, 2026; Form 4 filed March 10, 2026 (appears timely).
- Reported prices: $0.00 per share for all transactions; reported cash = $0.
- Awards: 44,764 and 67,146 RSU/PRSU-type awards (total 111,910).
- Exercises/conversions: 2,695 and 3,805 shares acquired and the same amounts disposed the same day (total 6,500 acquired and 6,500 disposed).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Relevant footnotes:
- F1–F3/F5: Awards are Restricted Stock Units (RSUs) or similar; each unit converts to one share; some RSUs vested on March 8, 2026 (F5), while other RSUs vest ratably in future years (F1).
- F4: Performance-based RSUs (PRSUs/PSRUs) vest, if at all, based on AFFO performance for Jan 1, 2026–Dec 31, 2028.
- No 10b5-1 plan or late-filing flag noted in the provided excerpt.
Context
- The filing shows both grant/award transactions (A) and derivative exercises/conversions (M). The simultaneous acquisition and disposition of 6,500 shares on the same day is a common pattern in equity award vesting/settlement (e.g., to satisfy tax withholding or broker sell-to-cover), though the filing itself does not state the reason.
- These entries are awards/vesting events (acquisitions) rather than open-market purchases or discretionary sales; awards can be part of routine executive compensation and do not necessarily signal a change in the insider’s market view.