Valdez Gloria L 4
Research Summary
AI-generated summary
ESCO (ESE) Director Gloria Valdez Receives RSU Shares
What Happened
Gloria L. Valdez, a director of ESCO Technologies, had restricted stock units (RSUs) vest and convert into 1,349 whole shares on 2026-02-05 at a NYSE closing price of $238.40 per share (total value ≈ $321,602). A remaining fractional RSU (0.254 share) was settled for cash for $60. These entries reflect RSU vesting/conversion rather than an open-market purchase or discretionary sale.
Key Details
- Transaction date: 2026-02-05; Form 4 filed 2026-02-06 (timely filing).
- Price per share reported: $238.40. Total value for 1,349 shares ≈ $321,602; fractional cash-out = $60.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 explains these were vesting RSUs converted into whole shares and the fractional RSU was cashed out at the NYSE closing price; F2 notes the RSUs were granted 2025-02-05 and vested one year later.
- Remarks: Power of Attorney on file.
Context
This was an award/vesting event (conversion of RSUs) rather than a market buy or sale by the director. Such vesting entries are routine compensation events and do not, by themselves, indicate an insider trading signal.