Cardenas Ricardo 4
Research Summary
AI-generated summary
Tractor Supply (TSCO) Director Ricardo Cardenas Receives RSU Award
What Happened
Ricardo Cardenas, a director of Tractor Supply Company (TSCO), was granted 5,712 restricted stock units (RSUs) on 2026-05-14. The award was reported as an acquisition at $0.00 (no cash paid). Each RSU represents one share of common stock and the RSUs vest one year from the grant date.
Key Details
- Transaction date: 2026-05-14 (Filed 2026-05-18; filing was timely under the 2-business-day Form 4 rule).
- Transaction type/code: A — Award/Grant of RSUs.
- Amount: 5,712 RSUs granted at $0.00 (no cash exchanged).
- Vesting: RSUs vest one year from the grant date (per footnote).
- Plan: Granted under the Tractor Supply Company 2018 Stock Incentive Plan (per footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
RSU grants are a form of compensation and do not represent an open-market purchase or sale; they convert into shares only upon vesting (subject to company plan terms). Such awards are routine for executives and directors and are less directly informative about an insider’s short-term market view than outright purchases or sales.
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