Valdez Gloria L 4
Research Summary
AI-generated summary
ESE Director Gloria L. Valdez Receives RSU Award
What Happened
- Gloria L. Valdez, a director of ESCO Technologies, received an award of 2.144 restricted share units (RSUs) on April 17, 2026. The filing lists an imputed per-share value of $314.92, for a total value of approximately $675. This was reported on a Form 4 filed April 20, 2026.
- This was an award/grant of RSUs (derivative securities), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-04-17; Form 4 filed: 2026-04-20.
- Security: Restricted Share Units (RSUs) — 2.144 RSUs @ $314.92 each; total value ≈ $675.
- Transaction code: A (award/grant/acquisition, derivative).
- Shares owned after the transaction: Not disclosed in the filing.
- Footnote: The RSUs were issued in lieu of cash dividends on RSUs held by the reporting person. Each RSU is the economic equivalent of one share; some RSUs tied to unvested shares may convert to cash and/or common stock when the underlying shares vest or upon termination, per the footnote.
- Remark: Power of Attorney on file.
Context
- RSU awards and dividend-equivalent RSUs are typically compensation or dividend-related adjustments and do not represent an open-market purchase (so they are not a direct bullish signal like an insider buy).
- Because this was a derivative award (RSUs), the economic exposure is tied to future conversion/vesting terms described in the footnote rather than an immediate share purchase.