Noble Ryan S. 4
4 · KEWAUNEE SCIENTIFIC CORP /DE/ · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
Kewaunee Scientific (KEQU) SVP Noble Ryan Receives Award
What Happened
Noble Ryan S., Senior Vice President, Sales & Marketing Development, was granted 2,628 restricted stock units (RSUs) on June 24, 2026. The Form 4 shows this as an acquisition at $0.00 per unit (derivative award), so no cash was exchanged at grant. Each RSU represents a contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-06-24; Form 4 filed 2026-06-25 (timely filing).
- Transaction type/code: Award/Grant (A), derivative (restricted stock units).
- Amount: 2,628 RSUs acquired at $0.00 per unit.
- Vesting: Three equal annual installments beginning June 30, 2027, subject to continued employment (footnotes F1–F2).
- Shares owned after transaction: Not reported on the filing.
- No 10b5-1 plan, tax withholding, or sale noted in this filing.
Context
RSUs are contingent awards that convert to actual shares only as they vest; they do not represent immediately tradable stock. Grants like this are commonly used for compensation and retention and are neither a direct purchase (bullish signal) nor a sale. This filing documents the award; it does not indicate any immediate change in tradable share ownership.
Insider Transaction Report
- Award
Restricted Stock Units FY27
[F1][F2]2026-06-24+2,628→ 2,628 total→ Common Stock (2,628 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F2]The restricted stock units shall vest in three equal annual installments beginning June 30, 2027, subject to the reporting person's continued employment with the Company.