FOX FACTORY HOLDING CORP·4

Mar 11, 4:06 PM ET

Merchant Toby D 4

Research Summary

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Updated

FOX Factory (FOXF) CLO Toby D. Merchant Receives Award of 23,546 RSUs

What Happened

Toby D. Merchant, Chief Legal Officer of FOX Factory Holding Corp (FOXF), received a grant of 23,546 restricted stock units (RSUs) on March 3, 2026. The RSUs were reported as acquired at $0.00 (award/grant). This is a compensation grant rather than an open-market purchase or sale.

Key Details

  • Transaction date reported: 2026-03-03 (Form 4 filed 2026-03-11). The filing notes it was reported late due to an inadvertent administrative error.
  • Transaction type/code: A (Award/Grant). Acquired 23,546 shares at $0.00.
  • Vesting: RSUs vest in three equal annual installments beginning March 4, 2027 (per filing footnote).
  • Shares owned after transaction: not specified in the filing.
  • No tax withholding, sale, or 10b5-1 plan is indicated in the filing.

Context

This grant is part of executive compensation (2022 Omnibus Plan) and should be viewed as an award rather than a market buy or sell. The late filing is described as inadvertent; late reporting can delay public visibility into insider compensation but does not necessarily imply other issues.