Joyce Thomas Patrick JR 4
Research Summary
AI-generated summary
Roper Technologies Director Joyce Thomas Patrick JR Receives Award
What Happened
Joyce Thomas Patrick JR, a director of Roper Technologies, was granted 1,191 restricted stock units (RSUs) on 2026-05-20. The Form 4 reports an acquisition price of $0.00 (common for RSU grants); the filing shows the award as 1,191 contingent rights to receive one share each when vested.
Key Details
- Transaction date: 2026-05-20; filing date: 2026-05-21 (filed the next business day).
- Reported acquisition: 1,191 RSUs at $0.00 (total reported cash value = $0 on Form 4; fair-market value not shown in this excerpt).
- Vesting: 50% vest 6 months after the grant date; remaining 50% vest the day before the 2027 Annual Meeting of Shareholders (per footnote).
- Shares owned after transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding, or sale notation is reported in the excerpt.
Context
These RSUs are compensation grants (not an open-market purchase or sale). As with most director awards, they represent a contingent right to receive shares upon vesting and do not necessarily indicate a purchase or sale sentiment by the insider. The filing appears timely (next-day filing).