Vaillancourt Eric A. 4
Research Summary
AI-generated summary
Federal Signal (FSS) Director Eric Vaillancourt Receives 96-Share Award
What Happened
- Eric A. Vaillancourt, a director of Federal Signal Corp. (FSS), was granted 96 shares on 2026-06-26. The Form 4 reports the transaction as an award/other acquisition (transaction code "A") at $0.00 per share (total reported $0).
- This was an equity award (compensation/grant), not an open-market purchase or sale. Such awards are generally part of director or employee compensation and do not necessarily indicate a buy/sell signal from the insider.
Key Details
- Transaction date: 2026-06-26; Form 4 filed: 2026-06-29 (timely filing).
- Transaction type/code: Award/other acquisition (A).
- Price reported: $0.00 per share; total reported value: $0.
- Shares acquired: 96.
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes: None disclosed (no 10b5-1 plan, tax withholding, or cashless sale noted).
Context
- Awards like this are commonly restricted stock units or similar compensation that may vest over time; they are different from open-market purchases and often reflect company pay practices rather than immediate trading intent.
- Because the Form 4 shows $0 for the acquisition, retail investors should refer to company disclosures (proxy or compensation notes) or subsequent filings for vesting details and the economic value of the award.