Murphy Brian Daniel 4
Research Summary
AI-generated summary
American Outdoor Brands (AOUT) CEO Brian Murphy Receives Award
What Happened
- Brian Daniel Murphy, President & CEO and a Director of American Outdoor Brands (AOUT), was granted equity awards on May 27, 2026. The filing shows 58,698 restricted stock units (RSUs) acquired at $0.00 and 117,394 performance rights (derivative award) listed as N/A for price/value.
- The RSUs have no purchase price (standard compensation grant). The performance rights are contingent awards that could convert into shares if performance goals are met; the filing lists the maximum potential shares.
Key Details
- Transaction date(s): May 27, 2026 (code A = Award/Grant)
- RSUs: 58,698 shares @ $0.00 (acquired)
- Performance rights: 117,394 (derivative; listed as N/A for price/value)
- Vesting/conditions (from footnotes):
- RSUs: One‑third vests and is deliverable (net of withholding) on May 27, 2027, May 1, 2028, and May 1, 2029. (F1)
- Performance rights: Each right can convert to one share if cumulative adjusted EBITDA and average return on invested capital targets are met over a three‑year performance period; 117,394 represents the maximum (2x target). (F2)
- Shares owned after transaction: not specified in the provided filing excerpt.
- Timeliness: Filed May 29, 2026 for a May 27 transaction—reported within the typical Form 4 filing window (not indicated as late).
Context
- These awards are compensation grants (not open‑market purchases or sales). RSUs vest over time and performance rights are contingent on future company performance, so they do not immediately increase tradable shares.
- Such grants are common for executives and reflect pay arrangements rather than direct buying/selling of stock.