Chambliss Malisa 4
Research Summary
AI-generated summary
StandardAero (SARO) CHRO Malisa Chambliss Sells Shares, Receives Awards
What Happened
Malisa Chambliss, Chief Human Resources Officer of StandardAero (SARO), reported a small open-market sale and multiple equity awards/conversions. On Apr 16, 2026 she sold 764 shares at $27.36 each, generating $20,903 — the filing notes this sale was to cover tax withholding on RSU vesting. On Apr 15, 2026 the filing also reports the exercise/conversion of 2,826 derivative units and the grant/award of RSUs totaling 30,864 units (9,867 and 20,997). The reported acquisitions and conversions were recorded at $0.00 in the filing (typical for RSU grants and certain conversions).
Key Details
- Transaction dates & prices:
- Apr 15, 2026: Exercise/conversion of 2,826 derivative units (reported at $0.00).
- Apr 15, 2026: Grants/awards of 9,867 RSUs and 20,997 RSUs (reported at $0.00).
- Apr 16, 2026: Open-market sale of 764 shares at $27.36 each for $20,903 (sale to cover tax withholding).
- Shares owned after the transactions: Not specified in the provided excerpt of the filing.
- Notable footnotes from the filing:
- F1: Each RSU equals a contingent right to one share.
- F2: The 764-share sale was to cover tax withholding from RSU vesting.
- F3/F4: Different RSU grants have vesting schedules (one vests in three equal annual installments beginning Apr 15, 2026; another beginning Apr 15, 2027).
- F5: The stock option vests in three equal annual installments starting Apr 15, 2027.
- F6: Certain restricted stock vests one-for-one at a defined “Liquidity Event.”
- Filing timeliness: Form 4 was filed Apr 17, 2026 for transactions dated Apr 15–16, 2026 — appears timely (no late-filing flag noted).
Context
The sale appears to be a routine tax-withholding transaction tied to RSU vesting rather than a discretionary liquidity sale; such sales are common when RSUs vest. The filing includes both awards (RSUs) and a conversion/exercise of derivatives; RSUs are contingent rights to receive shares and have scheduled vesting dates noted in the footnotes. These entries are factual disclosures and do not, by themselves, indicate the insider’s view on the company’s stock.
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