Tengwall Kyle 4
4 · SMITH & WESSON BRANDS, INC. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Smith & Wesson (SWBI) VP Kyle Tengwall Receives Stock Awards
What Happened
Kyle Tengwall, Vice President of Marketing at Smith & Wesson Brands, was awarded equity on May 1, 2026: 14,618 restricted stock units (RSUs) and 29,234 performance rights (derivative award). Both awards were granted with a $0 per-share acquisition price (no cash exchanged at grant).
Key Details
- Transaction date: 2026-05-01; Form 4 filed 2026-05-05 (timely — filed by the second business day after the grant).
- Awards: 14,618 RSUs (grant), 29,234 performance rights (derivative grant). Reported acquisition price: $0.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnotes:
- RSUs vest 1/4 on each of the first four anniversaries of the grant; shares will be delivered net of tax withholding on each vesting date.
- Each performance right is a contingent right to receive one share if specified stock-price performance targets are met over a three-year period; 29,234 is the maximum number of shares that may be delivered under that award.
- Transaction type: Award/Grant (code A) — a compensation grant, not a buy or sell.
Context
RSU and performance-right grants are common executive compensation tools. RSUs provide a time-based retention mechanism (vesting over four years), while performance rights depend on achieving stock-price targets over three years. These awards do not necessarily signal immediate insider buying or selling since no cash changed hands at grant and future delivery depends on vesting and performance conditions.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-01+14,618→ 155,238 total - Award
Performance Rights
[F2]2026-05-01+29,234→ 29,234 totalExp: 2029-05-01→ Common Stock (29,234 underlying)
Footnotes (2)
- [F1]1/4th of the RSUs shall vest on each of the first, second, third, and fourth annual anniversaries of the date of grant. Shares, net of tax withholding, will be delivered on each applicable vesting date.
- [F2]Each performance right represents a contingent right to recieve one share of the Issuer's common stock. The performance rights vest based on achievement of certain target performance of the Issuer's stock price over a three year period. The number represents the maximum number of shares that may be delivered pursuant to the award.