Fidelis (FIHL) CRO Michael Pearson Receives 33,107 RSUs
$FIHL · Fidelis Insurance Holdings LtdResearch Summary
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Fidelis (FIHL) CRO Michael Pearson Receives 33,107 RSUs
What Happened Pearson Michael Justin (Chief Risk Officer) was awarded 33,107 shares (reported as an acquisition at $0.00) on 2026-03-30. The award is reported as an "A" (award/grant) in the Form 4; the reported acquisition price is $0 and no immediate cash transaction or open-market purchase/sale occurred. This is a compensation grant (not a purchase or sale) and therefore should be viewed as part of executive pay rather than a direct market signal.
Key Details
- Transaction date: 2026-03-30; Form 4 filed: 2026-04-01 (timely filing).
- Transaction type/code: A = Award/Grant; 33,107 shares reported acquired at $0.00.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: Filing F1 notes there are 74,103 restricted share units (RSUs) subject to time-based vesting; each RSU represents a contingent right to receive one common share upon vesting.
- Remarks/Exhibits: Exhibit 24 (Power of Attorney) listed on the filing.
Context Restricted share units are compensation that convert to actual shares only upon vesting and typically include time-based conditions; they are not an immediate market purchase or sale. Because these RSUs are subject to vesting, they do not reflect an immediate transfer of tradable shares or a cash inflow for the insider.