Davies Patricia 4
Research Summary
AI-generated summary
Bob's Discount Furniture (BOBS) CHRO Patricia Davies Receives Award
What Happened
- Patricia Davies, Chief Human Resources Officer and Senior Vice President of Bob's Discount Furniture (BOBS), was granted 10,595 derivative securities (an equity award/option) on February 12, 2026. The filing reports an acquisition price of $0.00 for the award (typical for option/award grants); this was an award of equity compensation, not a purchase or sale.
Key Details
- Transaction date and price: 2026-02-12; 10,595 units at reported price $0.00 (derivative award).
- Vesting: The option/award vests in four equal annual installments beginning February 12, 2027 (footnote F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date / timeliness: Form 4 filed on 2026-02-13 (one day after the transaction), within the 2-business-day reporting window.
- Insider role: Chief Human Resources Officer and Senior Vice President (remark in filing).
Context
- This was an equity compensation grant (derivative award) that vests over time — not an immediate sale or cash exercise. Such awards are part of executive compensation and do not by themselves indicate intent to buy or sell stock. The reported $0.00 reflects grant reporting conventions; it does not represent the award's eventual economic value.