Parra Danielle Porto 4
Research Summary
AI-generated summary
Xponential Fitness (XPOF) President Parra Receives 219,905-Share Award
What Happened
Danielle Parra Porto, President of Xponential Fitness (XPOF), was granted 219,905 restricted stock units (RSUs) on June 11, 2026. The grant was reported at $0.00 per share (typical for RSU awards); no immediate cash value or sale occurred. This is a compensation award rather than a market purchase or sale.
Key Details
- Transaction date and type: 2026-06-11 — Award/Grant (RSUs) of 219,905 shares at $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Vesting: Per footnote, RSUs vest 33.33% on each of the three anniversaries of the grant date, contingent on continued employment (F1).
- Filing timeliness: Report filed 2026-06-15 — within the standard two business days after the transaction (timely).
Context
RSU grants are a common form of executive compensation and do not represent an immediate purchase or sale of stock. The RSUs will convert to actual shares only as they vest, so this award does not by itself signal an immediate change in insider ownership available on the market.