DUNCAN THOMAS E. 4
Research Summary
AI-generated summary
Fox Factory Director Thomas E. Duncan Receives 8,989 RSUs
What Happened
Thomas E. Duncan, a director of Fox Factory Holding Corp (FOXF), received a grant of 8,989 restricted stock units (RSUs) on May 8, 2026. The filing reports the acquisition price as $0.00 (no cash exchanged). This was an award/grant as part of director compensation—neither a purchase nor a sale of existing shares.
Key Details
- Transaction date: 2026-05-08 (Form 4 filed 2026-05-12).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 8,989 RSUs at $0.00 (reported acquisition value $0).
- Shares owned after transaction: not specified in the filing.
- Footnote: RSUs were granted under the issuer’s Non-Employee Director Compensation Policy and vest the day before the issuer’s 2027 annual meeting.
- Filing timing: The Form 4 was filed four days after the reported transaction date, which appears later than the usual two-business-day deadline for Form 4s.
Context
RSU grants to non-employee directors are common as routine compensation and vest in the future; they do not represent an immediate market purchase or sale. The award increases potential future ownership if and when the units vest and convert to shares, but until vesting they are subject to forfeiture and restrictions.