Gibbs Stephen L 4

What Happened Stephen L. Gibbs, a director of Papa John's International, was granted 156 shares on 2026-05-29 under an award/acquisition filing (code A). The filing lists a per-share amount of $34.21, for a total reported value of approximately $5,337. This was an award of dividend equivalent rights tied to annual restricted stock unit (RSU) awards, not a market purchase.

Key Details

• Transaction date: 2026-05-29; Filing date: 2026-06-01 (timely within the Form 4 two-business-day window).
• Shares awarded: 156 at $34.21 each; total value reported ≈ $5,337.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — acquisition of dividend equivalent rights on annual RSU awards.
• Transaction type: A (award/acquisition), not a cash purchase or sale.

Context Dividend equivalent rights on RSUs are typically compensation-related: when dividends are paid, additional units or shares are credited to unvested RSUs rather than cash. Such awards are routine director/executive compensation and do not by themselves indicate a buy or sell signal from the insider. The value here is modest (~$5.3k) and was reported on time.