Nayak Narasimha K. 4
Research Summary
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Alliance Laundry Director Nayak Narasimha K. Receives 6,374 RSUs
What Happened Nayak Narasimha K., a director of Alliance Laundry Holdings, was granted 6,374 restricted stock units (RSUs) on June 11, 2026. The award price is $0.00 (i.e., no cash paid). Each RSU represents the contingent right to receive one share of common stock upon vesting; the RSUs do not convert into shares until vesting occurs.
Key Details
- Transaction date: 2026-06-11; Filing date: 2026-06-12 (timely filed).
- Grant type/code: Award/Grant (A); Shares granted: 6,374; Price per share: $0.00.
- Vesting: RSUs vest on the earlier of (i) one-year anniversary of the grant date, (ii) the next annual meeting of stockholders, or (iii) a Change of Control, subject to continued service.
- Shares owned after transaction (reported in Form 4 Column 5): 18,191 total (6,374 newly awarded RSUs + 7,272 previously reported RSUs + 4,545 shares of common stock).
- No sale or purchase occurred; this is a compensation award, not an open-market trade.
Context RSU grants are a common form of equity compensation for executives and directors; they represent a future right to shares if vesting conditions are met and thus are not an immediate cash or market transaction. For investors, awards signal alignment with long-term share value but are routine and tied to service/vesting conditions rather than an immediate change in share count outstanding.