Brancato Anthony 4
Research Summary
AI-generated summary
StandardAero (SARO) President Anthony Brancato Receives RSUs, Sells 1,107
What Happened
- Anthony Brancato, President, Engine Services - Business Aviation at StandardAero (SARO), received equity awards and converted derivatives on April 15–16, 2026. The filing shows grants of 12,253 RSUs and 26,075 RSUs (total 38,328 RSUs) granted at $0.00, and an exercise/conversion of derivatives for 4,098 shares reported on April 15, 2026. On April 16, 2026 he sold 1,107 shares in an open-market transaction at $27.36 per share, realizing $30,288; the filing states that the sale was to cover tax withholding related to RSU vesting.
Key Details
- Transaction dates/prices:
- 2026-04-15: Grant of 12,253 RSUs @ $0.00 (acquired)
- 2026-04-15: Grant of 26,075 RSUs @ $0.00 (acquired)
- 2026-04-15: Exercise/conversion of derivative for 4,098 shares (reported with $0.00 proceeds in filing)
- 2026-04-16: Sale of 1,107 shares @ $27.36 = $30,288 (open market)
- Shares owned after transaction: Not disclosed in this filing.
- Notable footnotes:
- F1: Each RSU represents a contingent right to one share of common stock.
- F2: The 1,107-share sale was to cover tax withholding on RSU vesting.
- F3–F5: Vesting schedules — one RSU grant vests in three equal annual installments beginning 4/15/2026; the other RSU grant vests in three equal installments beginning 4/15/2027; the stock option vests in three equal installments beginning 4/15/2027.
- Filing timeliness: No late-filing flag indicated on the reported form. Exhibit 24.1 (Power of Attorney) is attached.
Context
- The sale was a small, routine disposition to satisfy tax withholding on vested RSUs rather than a broad divestiture; purchases/awards (the RSU grants) are often more informative about insider sentiment than routine tax-related sales.
- The filing reports a derivative exercise/conversion for 4,098 shares; the form treats that as a derivative transaction (see footnotes/columns), and there is no separate large open-market purchase reported.
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