BUTLER CALVIN JR 4
Research Summary
AI-generated summary
EMERSON (EMR) Director Calvin Butler Jr Receives RSU Award
What Happened
- Calvin Butler Jr, a director of Emerson Electric Co. (EMR), was granted 1,251 restricted stock units (RSUs) on February 3, 2026. The filing reports an RSU grant (transaction code A); the grant has a fair market value of $151.795 per unit, or roughly $189,896 in total. Price is listed as N/A because this is an award of RSUs rather than an open‑market purchase.
Key Details
- Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (filed timely within the standard two-business-day window).
- Shares/units granted: 1,251 RSUs; per‑unit FMV on grant date: $151.795; total FMV ≈ $189,896.
- Transaction code: A (award/grant of restricted stock units).
- Footnotes: Grant made under a shareholder‑approved benefits plan pursuant to Rule 16b‑3(d). Price is not applicable for RSU grants.
- Shares owned after transaction: Not specified in the filing.
Context
- RSUs are awards that typically convert to company shares upon vesting; they are not an immediate open‑market purchase or sale and do not itself signal an immediate buy/sell of shares. This is a common form of director compensation and was granted under an approved plan (per the filing).