Proto Labs Inc·4

May 21, 4:06 PM ET

Chand Sujeet 4

Research Summary

AI-generated summary

Updated

Proto Labs (PRLB) Director Chand Sujeet Receives Stock Award

What Happened

  • Chand Sujeet, a director of Proto Labs, was granted 2,210 deferred stock units on May 19, 2026. The grant is reported as an award/acquisition (code A) at $0.00 per unit (total reported value $0). This is a compensation award, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-19; Filing date: 2026-05-21 (appears timely—within two business days).
  • Grant: 2,210 deferred stock units at $0.00 (total $0 reported).
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnote: Units vest in full on the earlier of the first anniversary of the grant or the 2027 Annual Meeting of Shareholders, and must be retained until the director’s service on the board ends.
  • Transaction code: A = Award/Grant.

Context

  • Deferred stock units are a promise of future shares (or equivalent) that vest per the stated schedule; no cash was paid and no immediate sale occurred. Such awards are typically part of director compensation and should be viewed as routine compensation rather than a direct market sentiment signal.