DOMINSKI MATTHEW 4
Research Summary
AI-generated summary
First Industrial (FR) Director Matthew Dominski Receives RSU Award
What Happened
Matthew Dominski, a director of First Industrial Realty Trust, was granted 2,419 restricted stock units (RSUs) on April 30, 2026. The grant is reported as an award (code A) at $0.00 per unit (no cash paid on grant). RSUs represent a right to receive one share upon vesting rather than immediate share ownership.
Key Details
- Transaction date: 2026-04-30; Form 4 filed 2026-05-01 (appears timely).
- Grant: 2,419 RSUs, reported at $0.00 per unit (award/grant).
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: RSUs vest on the earlier of (i) the first anniversary of the grant or (ii) the company's next annual stockholder meeting where directors are elected; accrued dividends on the underlying shares are payable upon vesting.
- Transaction code: A = award/grant of equity (not a purchase or sale).
Context
RSUs are a form of equity compensation that convert into common shares only upon vesting; they do not represent immediate market purchases or sales. Grants to directors are commonly part of routine compensation and do not by themselves indicate a near-term intent to buy or sell underlying shares.