Elliott Rachael B. 4
Research Summary
AI-generated summary
JELD-WEN (JELD) EVP Rachael B. Elliott Receives Award
What Happened
Rachael B. Elliott, Executive Vice President, North America of JELD‑WEN Holding, Inc., received a grant of 121,019 restricted stock units (RSUs) on May 11, 2026. The Form 4 lists the acquisition price as $0.00 (typical for RSU awards); no immediate cash payment or open‑market purchase occurred. This is a compensation award rather than a buy or sell.
Key Details
- Transaction date: 2026-05-11; Form 4 filed: 2026-05-13 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 121,019 RSUs; acquisition price reported as $0.00.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: RSUs vest ratably on May 11, 2027, May 11, 2028, and May 11, 2029, subject to continued employment.
- No tax‑withholding, sale, or 10b5‑1 plan is reported in this filing.
Context
RSU grants are a form of long‑term compensation; the units convert to actual shares only as they vest over time. Because this is a grant tied to employment service and not an open‑market purchase or sale, it should not be interpreted as a direct market sentiment signal.