Hillman Solutions Corp.·4

Mar 10, 9:29 AM ET

Kraft Robert O. 4

Research Summary

AI-generated summary

Updated

Hillman (HLMN) CFO Robert Kraft Receives RSU Award; Shares Withheld

What Happened

  • Robert O. Kraft, CFO and Treasurer of Hillman Solutions Corp. (HLMN), was granted 46,068 restricted stock units (RSUs) on 2026-03-07 (reported on Form 4 filed 2026-03-10). To satisfy withholding obligations, 13,192 and 4,038 shares were surrendered at $8.14 per share (reported as dispositions under code F) for proceeds/withholding amounts of $107,383 and $32,869, respectively — a total of 17,230 shares withheld valued at $140,252.
  • This transaction is an award of RSUs (not an open-market purchase or sale). The share transfers reported were to cover tax or similar obligations, which is routine when RSUs are granted or vest.

Key Details

  • Transaction date: 2026-03-07; Form 4 filed: 2026-03-10.
  • Grant: 46,068 RSUs @ $0.00 per share (award/grant, code A).
  • Withholding/dispositions: 13,192 shares @ $8.14 = $107,383; 4,038 shares @ $8.14 = $32,869 (codes F).
  • Shares owned after transaction: not specified in the filing.
  • Footnote: The 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 (footnote F1).
  • Timeliness: Filing date is 2026-03-10 for a 2026-03-07 transaction — Form 4s are typically due within two business days, so you may want to confirm timeliness.

Context

  • RSU grants are compensation, not a direct buy/sell signal. The withheld shares were used to cover tax liabilities (common practice), not necessarily sold on the open market for cash proceeds to the insider.
  • For retail investors, purchases are usually more informative about insider sentiment; awards and withholding reflect compensation and tax mechanics rather than a clear bullish or bearish personal investment decision.