Brockman Ivan 4
Research Summary
AI-generated summary
Vera Bradley (VRA) Director Ivan Brockman Receives Award
What Happened
- Ivan Brockman, a director of Vera Bradley, was granted 25,074 restricted stock units (RSUs) on 2026-04-03. The Form 4 reports these as acquired at $0.00 per share (total $0 on the filing), and the award is subject to vesting and forfeiture under the issuer’s plan.
Key Details
- Transaction date: 2026-04-03; Filing date (Accession): 2026-04-07.
- Grant reported: 25,074 RSUs at $0.00 per share (reported value on Form 4 = $0).
- Shares owned after transaction: not specified in the summary provided.
- Footnote: F1 — these are restricted stock units subject to vesting and forfeiture.
- Filing timeliness: no late-filing flag provided in the supplied details.
Context
- RSUs are a form of equity compensation that convert to shares only after vesting; they do not represent immediately tradable shares and typically require continued service or meeting other conditions.
- Such awards are common for directors and executives as part of compensation and do not, by themselves, indicate an insider buying or selling shares for investment reasons.