Bazaar Alan Lee 4
Research Summary
AI-generated summary
FOX Factory (FOXF) Director Bazaar Alan Lee Receives RSU Award
What Happened
- Bazaar Alan Lee, a director of FOX Factory Holding Corp. (FOXF), was granted 8,989 restricted stock units (RSUs) on 2026-05-08. The grant shows an acquisition price of $0.00 (an award/compensation grant), not an open-market purchase. The RSUs vest the day before the issuer’s 2027 annual meeting.
Key Details
- Transaction date: 2026-05-08; Filing date: 2026-05-12 (filed 4 days after the transaction).
- Transaction type/code: Award/Grant (Code A); reported acquisition amount: 8,989 RSUs at $0.00.
- Vesting/footnote: RSUs vest the day before FOX Factory’s 2027 annual meeting per the Non-Employee Director Compensation Policy (footnote F1).
- Shares owned after transaction: Not specified in the provided filing.
- Timeliness: Form 4s are typically due within two business days of the transaction; this filing was submitted 4 days after the grant and therefore appears late.
Context
- This was a compensation award to a non-employee director, a common practice to compensate board members. Such grants are routine and reflect pay, not an immediate buy/sell signal. The award will convert to ordinary shares if and when the RSUs vest (per the footnote).