GRISKO JEROME P 4
Research Summary
AI-generated summary
Davey Tree Director Jerome Grisko Receives 1,558-Share Award
What Happened
Jerome P. Grisko, a director of The Davey Tree Expert Company, was granted 1,558 restricted stock units (RSUs) on May 20, 2026. The units were issued at an acquisition price of $0.00 (typical for awards) and represent the right to receive one share of common stock per unit when vested. This was a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-20; filing date: 2026-05-21 (timely file).
- Grant: 1,558 RSUs; acquisition price reported as $0.00.
- Vesting: 1/3 of the units vest on each of the first, second and third anniversaries of the grant date, subject to continued service or a change in control; unvested units are forfeited (see footnote F1).
- Shares owned after transaction: not specified in the Form 4 filing.
- Transaction type code: A (award/grant).
Context
RSUs are a form of equity compensation that convert into shares only as they vest; they do not represent immediate proceeds or an open-market investment. Such grants are common for directors and executives and are primarily compensation-related rather than direct trading signals.