Schaffer Ryan Gregory 4
Research Summary
AI-generated summary
BOBS: Ryan Schaffer, Chief Legal & Development Officer, Receives Award
What Happened
Ryan Gregory Schaffer, Chief Legal & Development Officer and Corporate Secretary of Bob's Discount Furniture (BOBS), was granted 9,023 derivative shares on 2026-02-12. The award is reported at a $0.00 acquisition price (a grant/award), i.e., no cash was paid by the insider at grant.
Key Details
- Transaction date: 2026-02-12; reported on Form 4 filed 2026-02-13 (timely filing).
- Grant: 9,023 derivative shares; reported acquisition price $0.00.
- Vesting: vests in four equal annual installments beginning February 12, 2027 (per footnote).
- Shares owned after transaction: not specified in the filing.
- Nature: marked as an award/grant (derivative); not an open-market purchase or sale.
Context
This was a compensation-related award (derivative securities) rather than an open-market buy or sale. Such grants typically vest over time as part of retention/compensation programs and do not indicate an immediate purchase or sale of stock.