Holtzman Marc 4
Research Summary
AI-generated summary
TTEC Director Marc Holtzman Receives RSUs, Converts Vested Units
What Happened
- Marc Holtzman, a director of TTEC Holdings, had 36,965 time‑based RSUs vest and was credited with the equivalent number of common shares (transaction code M — exercise/conversion of derivative) on May 21, 2026. He was also granted 70,896 new time‑based RSUs the same day (transaction code A — award/grant). Both transactions show $0.00 per share (RSUs convert/are granted without cash payment).
Key Details
- Transaction date: May 21, 2026; Form 4 filed May 26, 2026 (appears timely).
- Converted/vested: 36,965 RSUs → shares (M) at $0.00.
- New grant: 70,896 time‑based RSUs (A) at $0.00; these RSUs vest according to the RSU agreement.
- Shares owned after the transactions: not reported in the provided filing.
- Footnotes: F1 clarifies the 36,965 RSUs were originally granted May 23, 2025 and vested on May 21, 2026; F2 explains the 70,896 RSUs were granted May 21, 2026 and vest in full on the earlier of (i) first anniversary of grant, (ii) next annual meeting, or (iii) a change‑in‑control.
- No sales or market purchases were reported; no cashless sale occurred.
Context
- These entries reflect standard director compensation and vesting mechanics (time‑based RSUs), not an open‑market buy or sale. The conversion at $0.00 is typical for RSUs that vest into common shares. Such awards/vestings are routine and do not by themselves indicate the insider’s market view.