CLARE PETER J 4
Research Summary
AI-generated summary
StandardAero (SARO) Director Peter J. Clare Converts 6,011 RSUs
What Happened
- Peter J. Clare, a director of StandardAero, converted 6,011 restricted stock units (RSUs) into common shares on 2026-06-12. The Form 4 shows 6,011 shares acquired via conversion and the same 6,011 shares reported as disposed at $0.00. No cash proceeds or dollar value were reported for the disposal.
Key Details
- Transaction date: 2026-06-12 (reported on Form 4 filed 2026-06-15).
- Reported transactions: 6,011 RSUs converted to shares (acquired) and 6,011 shares disposed at $0.00 (derivative conversion entries).
- Price/value: $0.00 reported on the disposal; no cash value reported for the acquisition.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — each RSU represents a contingent right to one share. F2 — RSUs vest at the earlier of the day before the next annual meeting or one year after grant.
- Filing timeliness: Form 4 was filed within the normal reporting window (no late filing indicated).
- Exhibit: 24.1 Power of Attorney included.
Context
- These entries reflect a conversion/settlement of RSUs rather than an open-market buy or sale. Disposition at $0.00 commonly reflects shares withheld or transferred for non-cash purposes (for example, tax withholding), but the filing does not specify the reason. This type of transaction is typically administrative and does not necessarily signal a change in insider sentiment.
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