FOX FACTORY HOLDING CORP·4

Mar 11, 4:06 PM ET

DENNISON MICHAEL C. 4

Research Summary

AI-generated summary

Updated

Fox Factory CEO Michael Dennison Receives 149,585 RSU Award

What Happened

  • Michael C. Dennison, CEO of Fox Factory Holding Corp (FOXF), received an award of 149,585 restricted stock units (RSUs) on March 3, 2026. The reported acquisition price is $0.00 (typical for RSU grants), so the Form 4 shows $0 paid at grant.
  • The RSUs were granted under the Issuer's 2022 Omnibus Plan and will vest in three equal annual installments beginning March 4, 2027. This is a compensation award rather than a market purchase or sale.

Key Details

  • Transaction date: 2026-03-03; Form 4 filed: 2026-03-11 (reporting marked late per footnote).
  • Transaction type/code: A = Award/Grant of RSUs; reported amount: 149,585 RSUs; price per share reported: $0.00.
  • Vesting: Three equal annual installments beginning March 4, 2027 (per footnote F2).
  • Shares owned after transaction: Not specified in the information provided on this filing.
  • Timeliness: Filing was reported late due to an "inadvertent administrative error" (footnote F1). Late filings are disclosure issues but do not by themselves indicate trading impropriety.

Context

  • RSUs are compensation awards that convert into shares (and become taxable) only as they vest; they are not an immediate cash purchase or sale.
  • Because this is a grant for compensation, it should be interpreted as part of executive pay rather than a direct bullish/bearish market signal.