DISBROW LISA S 4
Research Summary
AI-generated summary
CACI Director Lisa Disbrow Converts RSUs — 123 Shares
What Happened
Lisa S. Disbrow, a director of CACI International (CACI), reported the conversion/vesting of 123 RSU-derived shares on April 14, 2026 (transaction code M). The filing shows 123 shares were "acquired" via conversion and 123 shares were "disposed" the same day. No per-share price or total dollar value is reported in the Form 4 excerpt.
Key Details
- Transaction date: 2026-04-14 (reported on Form 4 filed 2026-04-16).
- Transaction type/code: M = exercise or conversion of a derivative (conversion of RSUs to common shares).
- Shares involved: 123 shares acquired (conversion) and 123 shares disposed (same day).
- Price/value: Not provided (N/A in filing).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: On Oct 16, 2025 Ms. Disbrow received 492 RSUs that vest in four tranches of 123 shares each (Jan 14, Apr 14, Jul 13, and Oct 11, 2026); the Apr 14 tranche vested on the transaction date.
- Timeliness: Form 4 was filed two days after the transaction (Apr 16 for Apr 14 activity), which is within the usual two-business-day filing window.
Context
Code M covers conversion/vesting of derivative awards (such as RSUs). It is common for vested RSU conversions to be accompanied by a same-day disposition (often to satisfy tax withholding or similar administrative requirements); this filing shows the conversion and a same-day disposition but does not detail the reason. This was not an open-market purchase or sale that directly signals a change in market sentiment.