Rusing Steven H 4

What Happened Steven H. Rusing, listed as President & CEO (Mattress Firm), was granted 13,975 shares as a derivative award (performance restricted stock units / restricted stock units) on February 26, 2026. The Form 4 reports the award at $0.00 per share (no cash paid on acquisition). This is an equity compensation grant (award), not an open-market purchase or sale.

Key Details

• Transaction type/date: Grant/Award (code A) on 2026-02-26 — 13,975 shares @ $0.00 (derivative).
• Filing date: Form 4 filed 2026-03-02 for the 2026-02-26 transaction (filed within the usual 2-business-day window).
• Shares owned after transaction: Not specified in the provided excerpt — see the full filing for total holdings.
• Footnotes:
  • F1: PRSUs and RSUs convert into common stock on a one-for-one basis.
  • F2: A target number of performance shares was originally granted 2025-01-03 with payout from 0–300% based on adjusted EPS, adjusted EBITDA and qualitative Strategic Initiatives. The Human Resources/Capital and Talent Committee determined payouts on 2026-02-26, producing the reported number. The PRSUs vest in roughly three equal installments on 2027-01-04, 2028-01-04 and 2029-01-04.

Context Performance RSUs (PRSUs) are compensation tied to company performance metrics and future vesting; they convert to common shares one-for-one when vested. This grant increases potential future insider-held stock if performance targets are met and vesting occurs, but it is a standard compensation action rather than a market buy or sell and does not by itself indicate immediate buying or selling by the insider.