Murphy Erinn Elisabeth 4
Research Summary
AI-generated summary
Revolve (RVLV) Director Erinn Murphy Receives 5,297 RSU Award
What Happened
- Erinn Elisabeth Murphy, a director of Revolve Group, Inc. (RVLV), received a grant of 5,297 restricted stock units (RSUs) on June 5, 2026. The grant was recorded at $0.00 per RSU (awarded, not purchased), so no cash changed hands at grant.
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-09 (timely filing — within required two business days).
- Security: Restricted Stock Units (RSUs) representing the right to receive one share of Class A common stock per RSU when vested.
- Amount: 5,297 RSUs granted; grant price reported as $0.00.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote highlights: 100% of the RSUs vest on the earlier of (i) one-year anniversary of grant or (ii) the day before the next annual shareholders’ meeting, and vesting is subject to continued service as a non-employee director. In the event of a Change in Control (as defined in the plan), the RSUs will fully vest, also subject to continued service through that date.
- Transaction code: A = Award/Grant.
Context
- RSU grants to directors are common compensation and do not reflect an open-market purchase (which some investors view as a stronger bullish signal). These RSUs convert to shares only upon vesting per the schedule above; they may accelerate on a defined change in control.