Kane Erin N 4
Research Summary
AI-generated summary
AdvanSix (ASIX) CEO Erin N. Kane Receives RSU Award
What Happened
- Erin N. Kane, Chief Executive Officer of AdvanSix Inc. (ASIX), was granted 111,298 restricted stock units (RSUs) on February 26, 2026. The grant was reported at a per-share value of $17.79, for a total reported value of $1,979,991. This is an award/compensation grant (transaction code A), not a market purchase or sale.
Key Details
- Transaction date and price: 2026-02-26; 111,298 RSUs at $17.79 each (total $1,979,991).
- Transaction type: Award/Grant (code A) — restricted stock units, not an open-market purchase.
- Vesting: Per the filing footnote, the RSUs are scheduled to vest in three equal annual installments on the first three anniversaries of the grant date.
- Shares owned after transaction: Not specified in the provided filing excerpt; consult the full Form 4 for post-transaction holdings.
- Filing date: Form 4 filed with the SEC on 2026-03-02. The filing did not indicate any special exception or 10b5-1 plan in the provided data.
Context
- RSU grants are a common form of executive compensation intended for retention/incentive and do not represent an immediate cash outlay or open-market buying/selling by the insider. Because these are restricted units that vest over time, they do not necessarily signal immediate bullish or bearish insider trading behavior.