Brown Joy 4
Research Summary
AI-generated summary
Tractor Supply (TSCO) Director Joy Brown Receives RSU Award
What Happened Joy Brown, a director of Tractor Supply Company (TSCO), was granted 5,712 restricted stock units (RSUs) on May 14, 2026. The grant was recorded at $0.00 per share (no cash paid at grant). Each RSU entitles Brown to one share of common stock upon vesting; the RSUs vest one year from the grant date.
Key Details
- Transaction date: 2026-05-14 (reported on Form 4 filed 2026-05-18). Filing appears timely (within required two business days).
- Type: Award/Grant (code A) — 5,712 RSUs @ $0.00; reported value $0 at grant.
- Vesting: RSUs vest one year from the grant date (per footnote). Each RSU converts to one share at vesting.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: Grant made under the Tractor Supply Company 2018 Stock Incentive Plan.
Context
- This is a compensation award to a board director (not an open-market purchase or sale). Such grants are commonly used to compensate and retain directors and do not by themselves indicate a buy/sell view.
- No immediate sale or cashless exercise occurred; value will be realized only if/when RSUs vest and convert to shares.
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