Ratchford Buckley T. 4
Research Summary
AI-generated summary
Mount Logan Capital (MLCI) Director Ratchford Buckley Receives RSU Award
What Happened
Ratchford Buckley T., a director of Mount Logan Capital Inc. (MLCI), was awarded 57,554 restricted stock units (RSUs) on 2026-06-22. The Form 4 shows an acquisition at $0.00 per share (total reported value $0) as these are grant units rather than a cash purchase.
Key Details
- Transaction date: 2026-06-22; Form 4 filed: 2026-06-23.
- Type: Award/Grant (coded A) — 57,554 RSUs @ $0.00 (acquired).
- Plan: 2025 Omnibus Incentive Plan (per filing footnote).
- Vesting: F1 — RSUs vest in full on the first anniversary of the grant date.
- F2 notes that reported holdings include unvested restricted stock units.
- Shares owned after the transaction: not specified in the excerpted data.
- Filing appears timely (filed one day after the reported transaction date).
Context
RSUs are compensation grants that convert to shares only when they vest; this award does not represent an open-market purchase or sale and typically reflects routine director/employee compensation. Because these units vest in the future, they are unvested until the first anniversary and do not indicate an immediate sale or change in voting power.