Tractor Supply (TSCO) EVP John Ordus Receives 7,712-Share Award
$TSCO · TRACTOR SUPPLY CO /DE/Research Summary
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Tractor Supply (TSCO) EVP John Ordus Receives 7,712-Share Award
What Happened
John P. Ordus, EVP & Chief Stores Officer of Tractor Supply Co. (TSCO), received awards on 2026-08-06 totaling 7,712 shares: 1,588 restricted stock units (RSUs) and 6,124 derivative awards/options, each reported at $0. The RSUs/options vest in three equal installments (33 1/3% each) on August 6 of 2027, 2028 and 2029. This is a compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-06; Form filed 2026-08-07 (timely).
- Consideration: $0 — these are awards under the Tractor Supply Company 2018 Omnibus Incentive Plan.
- Vesting: 33 1/3% on Aug 6, 2027; 33 1/3% on Aug 6, 2028; 33 1/3% on Aug 6, 2029 (applies to both RSUs and the derivative award vesting schedule).
- Ownership adjustment: Footnote F2 corrects a clerical error by reducing previously reported direct ownership by 438.825 shares; this was an accounting correction, not a new transaction.
- Post-transaction holding totals are addressed in the Form 4 filing — check the filing for updated balances.
- No sale or exercise reported here; these grants are compensation awards.
Context
RSUs represent a promise to receive shares at vesting (F1). The 6,124-item derivative award is subject to the same multi-year vesting schedule (F3). Grants like these are common executive compensation and reflect future potential ownership if vesting conditions are met; they are not the same signal as an insider purchase or sale.