KERR DEREK J 4
Research Summary
AI-generated summary
StandardAero (SARO) Director Derek J. Kerr Receives RSU Award
What Happened
Derek J. Kerr, a director of StandardAero, was granted 6,608 restricted stock units (RSUs) on 2026-06-25. The RSUs were issued at $0.00 (no cash paid) and are derivative awards that represent a contingent right to receive one share of StandardAero common stock per RSU upon vesting. This is an award/compensation grant (code A), not a purchase or sale.
Key Details
- Transaction date: 2026-06-25; Grant type: Award/Grant (A).
- Shares/units granted: 6,608 RSUs; reported acquisition price: $0.00 (no cash exchanged).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — each RSU converts to one share of common stock when settled; F2 — RSUs vest on the earlier of (i) the day before the issuer’s next annual meeting or (ii) the first anniversary of the grant.
- Filing timeliness: Report filed 2026-06-26 for a 2026-06-25 transaction; appears to be timely (Form 4s must generally be filed within two business days).
Context
RSU grants are a common form of director/executive compensation. They do not represent current share ownership until they vest and convert to shares. Because this was an awarded grant rather than an open-market purchase or sale, it should be viewed as routine compensation disclosure rather than a direct market sentiment trade.