Dewar Patrick M 4
Research Summary
AI-generated summary
ESCO Technologies Director Patrick M. Dewar Receives RSU Award
What Happened
- Patrick M. Dewar, a director of ESCO Technologies, was granted 772 restricted share units (RSUs) on 2026-02-02. The grant is recorded at $233.09 per unit, with a notional value of about $179,945. This was an award (derivative grant), not an open-market purchase or sale — the RSUs convert into common shares only upon vesting.
Key Details
- Transaction date: 2026-02-02; Grant type: Award (derivative, code A).
- Grant price / notional value: $233.09 per RSU; total ~$179,945 for 772 RSUs.
- Shares owned after transaction: Not stated in the filing.
- Footnote: Each RSU equals the economic equivalent of one common share; RSUs vest one year after the grant date and become issuable as common stock upon vesting (or at a later designated time).
- Administrative: Power of Attorney on file. Filing date 2026-02-03 — no late filing indication.
Context
- RSUs are compensation awards that represent a promise to deliver shares in the future when they vest; they are derivative securities until converted to common stock. Such grants are typically part of executive/director compensation and do not by themselves signal buying or selling intent.