Davis Robert Dale 4
4 · Hillman Solutions Corp. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Hillman (HLMN) EVP Robert Dale Davis Receives RSU Award
What Happened
Robert Dale Davis, EVP — Global Supply Chain at Hillman Solutions (HLMN), was granted 24,570 restricted stock units (RSUs) on 2026-03-07 (code A). To satisfy tax withholding related to the grant, 2,062 shares were surrendered/withheld (code F) at an indicated price of $8.14 per share, totaling $16,785. The RSU grant is reported as an acquisition at $0 because RSUs convert to shares only upon vesting.
Key Details
- Transaction date: 2026-03-07; Form 4 filed 2026-03-10. No late-filing flag indicated in the report.
- Grant: 24,570 RSUs (acquisition reported at $0 per RSU).
- Tax withholding/disposition: 2,062 shares withheld at $8.14 each = $16,785 (code F).
- Shares owned after the transactions: not specified in the provided filing details.
- Footnote: RSUs are contingent rights to receive one share per RSU on vesting; they vest in three equal annual installments beginning one year after grant, subject to continued employment.
Context
RSU grants are compensation awards, not open-market purchases, and only convert into actual shares as they vest. The withholding of shares to cover taxes is a routine administrative action and does not necessarily indicate a bullish or bearish view by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-07+24,570→ 89,134 total - Tax Payment
Common Stock
2026-03-07$8.14/sh−2,062$16,785→ 87,072 total
Footnotes (1)
- [F1]Represents restricted stock units ("RSUs") that are a contingent right for the Reporting Person to receive one share of common stock for each RSU upon vesting. The RSUs will vest in three equal annual installments beginning on the first anniversary of the date of grant, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.