Kitzberger Amanda 4
Research Summary
AI-generated summary
Hillman (HLMN) CLO Amanda Kitzberger Receives RSU Award
What Happened
Amanda Kitzberger, Chief Legal Officer & Secretary of Hillman Solutions Corp., was granted 24,570 restricted stock units (RSUs) on 2026-03-07 (transaction code A) at $0.00. The same Form 4 reports dispositions of 4,729 and 1,747 shares (total 6,476 shares) at $8.14 per share to satisfy tax or other withholding obligations (transaction code F), yielding proceeds of $38,494 and $14,221 respectively (total ≈ $52,715). The primary event is an equity award (RSUs); the share transfers were withholding to cover tax liabilities rather than open-market sales.
Key Details
- Transaction date: 2026-03-07; Form 4 filed 2026-03-10.
- Grant: 24,570 RSUs @ $0.00 (award).
- Withholding/dispositions: 4,729 shares @ $8.14 ($38,494) and 1,747 shares @ $8.14 ($14,221); total withheld = 6,476 shares for ≈ $52,715.
- Shares owned after the transactions: not specified in the provided filing details.
- Footnote: RSUs are contingent rights to receive one share per RSU upon vesting; they vest in three equal annual installments beginning on the first anniversary of the grant, subject to continued employment (see F1).
- Filing timeliness: Form lists filing date 2026-03-10 for transactions on 2026-03-07; the report does not indicate a late filing.
Context
RSU grants are a common form of executive compensation and are an acquisition/award rather than an open-market purchase. Withholding shares to cover taxes is routine and does not necessarily signal an insider's view on the stock — it’s a method to satisfy tax liabilities when shares are delivered or vested.