4Filed Aug 13, 8:00 PM ET
Stran & Company (SWAG) Director Brian M. Posner Receives Award
$SWAG · Stran & Company, Inc.Research Summary
AI-generated summary of this SEC filing
Stran & Company (SWAG) Director Brian M. Posner Receives Award
What Happened
Brian M. Posner, a director of Stran & Company (SWAG), was granted/received 5,660 shares on 2026-08-13. The shares were reported as acquired at $0.00 each (total reported value $0.00). This transaction is an award/grant (Form 4 code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-13; Form 4 filed 2026-08-14 (timely filing).
- Transaction type/code: Award/Grant (A). Price per share reported: $0.00; total reported cost/value: $0.00.
- Vesting (Footnote F1): 1,415 shares vest on each of Sep 30, 2026; Dec 31, 2026; Mar 31, 2027; and Jun 30, 2027 (4 equal tranches).
- Shares owned after the transaction: not specified in the provided filing.
- No 10b5-1 plan, tax-withholding, or sale-on-vesting details are indicated in the filing.
Context
This was an equity award that vests over time (likely restricted shares or RSUs based on the vesting schedule). Because the shares were granted at $0.00 and vest in future installments, this is a compensation award rather than an immediate market purchase or sale; such awards reflect company compensation decisions more than immediate market sentiment.