MYERS FRANKLIN 4
Research Summary
AI-generated summary
HF Sinclair (DINO) CEO Franklin Myers Receives RSU Award
What Happened
- Franklin Myers, CEO, President and Director of HF Sinclair (DINO), received a grant of 1,798 restricted stock units (RSUs) on 2026-03-25. The reported acquisition price is $0.00 (award), so there was no cash exchanged at grant.
- This is an equity award (transaction code A) under the company's long-term incentive plan — not an open-market purchase or sale. Awards are routine compensation rather than an immediate bullish/bearish trading signal.
Key Details
- Transaction date and price: 2026-03-25; 1,798 RSUs; $0.00 per share (award).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote summary: RSUs were granted under the HF Sinclair Amended and Restated 2020 Long Term Incentive Plan. They vest on December 1, 2026 provided the recipient remains employed; vested RSUs will be paid in common stock on May 1, 2028 in an amount equal to the number of vested RSUs.
- Filing timeliness: Report filed 2026-03-26 for a 2026-03-25 transaction (appears timely).
Context
- RSUs are a form of deferred equity compensation: no shares are issued until vesting, and the grant does not involve an immediate purchase or sale. Once vested, shares will be delivered (per the footnote) on a later payment date.
- Because this is an award for compensation, it reflects long-term incentive alignment rather than an immediate trading signal.