Schechter Joshua 4
Research Summary
AI-generated summary
Pursuit (PRSU) Director Joshua Schechter Receives RSU Award
What Happened
Joshua Schechter, a director of Pursuit Attractions & Hospitality, Inc. (PRSU), received a grant of 3,596 restricted stock units (RSUs) on March 1, 2026. The award is reported at $0 acquisition price (no cash paid by the insider). The Form 4 covering the March 1 grant was filed on March 3, 2026.
Key Details
- Transaction type: Award/Grant (code A) — 3,596 RSUs granted on 2026-03-01.
- Reported acquisition price: $0.00 (no purchase price for the insider).
- Vesting/payment: RSUs vest one year from the grant date and are payable one-for-one in common shares (per filing footnote).
- Shares owned after transaction: not specified in the provided filing details.
- Filing timeliness: Form 4 filed 2026-03-03 for a 2026-03-01 grant (timely filing under standard reporting rules).
Context
RSUs are a form of equity compensation that do not represent issued shares until they vest; once vested they convert into common stock on a one-for-one basis. This grant is a compensation award to a director rather than an open-market purchase or sale, so it does not itself signal an immediate buy/sell decision in the market.