COX MELANIE 4
Research Summary
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Revolve Group (RVLV) Director Melanie Cox Receives Award
What Happened
Melanie Cox, a non-employee director of Revolve Group, Inc. (RVLV), received a grant of 5,297 restricted stock units (RSUs) on June 5, 2026. The Form 4 reports the acquisition as 5,297 RSUs at a reported price of $0.00 (total cash value reported $0) — this is an equity award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-05. Filing date (Form 4): 2026-06-09.
- Transaction type/code: Award/Grant (A) — 5,297 RSUs granted @ $0.00.
- Shares owned after transaction: not specified in the provided filing.
- Vesting/footnote: These RSUs vest 100% on the earlier of (i) one-year anniversary of the grant or (ii) the day prior to the next annual stockholders’ meeting, subject to continued service as a non-employee director; accelerated vesting upon a Change in Control as defined in the plan.
- Timeliness: The filing was submitted four days after the grant (filed 6/9 for a 6/5 transaction), which appears to be late relative to the typical two-business-day Form 4 deadline.
Context
RSUs are a form of equity compensation that convert to shares when they vest; they are routine for directors and do not represent an immediate purchase or sale. A reported grant price of $0 on Form 4 reflects the award reporting method and should not be read as market value. Grants are informative about compensation and potential future share issuance but do not necessarily indicate the insider’s view on the company’s stock in the short term.