Burns Richard Jonathan 4
4 · Silvercrest Asset Management Group Inc. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Silvercrest (SAMG) Director Richard Burns Receives RSU Award
What Happened
Richard Jonathan Burns, a director of Silvercrest Asset Management Group, received a grant of 4,322 Class A restricted stock units (RSUs) on May 6, 2026. The Form 4 reports the acquisition at $0.00 per unit (aggregate reported value $0). The RSUs are an award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-06; filed on Form 4: 2026-05-08 (timely filing).
- Transaction type/code: A (award/grant).
- Quantity: 4,322 RSUs; price reported: $0.00; reported aggregate value: $0.
- Vesting: Per footnote F1, 100% of the RSUs vest on May 6, 2029 (third anniversary of grant).
- Shares owned after transaction: Not disclosed in this filing.
- Other: Filing includes Exhibit 24 (Power of Attorney).
Context
RSUs are a compensation award that convert into shares if and when they vest; they are not a purchase signal and do not reflect an immediate cash outlay or market sale. This grant increases Burns’ potential future equity stake only after the stated vesting date, subject to any company policies or forfeiture conditions.
Insider Transaction Report
- Award
Class A common stock, par value $0.01
[F1]2026-05-06+4,322→ 19,333 total
Footnotes (1)
- [F1]Represents a grant of Class A restricted stock units ("RSUs"). 100% of the RSUs will vest on May 6, 2029, the third anniversary of the grant date.