Qureshi Hunain 4
Research Summary
AI-generated summary
HMH (HMH) Chief Accounting Officer Hunain Qureshi Receives Award
What Happened
Hunain Qureshi, Chief Accounting Officer of HMH Holding Inc. (HMH), was granted 24,594 restricted stock units (RSUs) on April 2, 2026 under the HMH 2026 Long-Term Incentive Plan. The award is reported as an acquisition (code A) at $0.00 because these are contingent RSUs (each RSU represents a right to one share of Class A common stock upon vesting). This is a compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: April 2, 2026; Form 4 filed April 6, 2026 (within the two-business-day reporting window).
- Transaction type/price: Award/grant (A) of 24,594 RSUs; reported price $0.00 (RSUs convert to shares upon vesting).
- Vesting schedule (per filing footnote): 16,416 RSUs vested immediately on grant; 845 RSUs vest on Sept 1, 2026; 5,136 RSUs vest in two equal annual installments on Sept 1, 2026 and Sept 1, 2027; 2,197 RSUs vest in three equal annual installments on Sept 1, 2026, Sept 1, 2027 and Sept 1, 2028.
- Each RSU equals a contingent right to one share of Class A common stock upon vesting.
- Shares owned after the transaction: not disclosed in the Form 4.
Context
- This is a compensation award (routine for executives) and does not represent an open-market purchase or sale.
- Because RSUs vest over time (with a portion vested immediately), future share issuance will depend on vesting and any applicable withholding or company policies.
- No 10b5-1 plan, tax withholding, or late-filing flags were indicated in the filing.