Briggs Lori 4

What Happened Lori Briggs, VP & President of Industrial Solutions at NPK International (NPKI), was granted 20,838 restricted stock units (RSUs) on May 19, 2026. The Form 4 reports the award as an acquisition (code A) at $0.00 per unit (a compensation grant), so the filing shows $0 cash paid for the grant. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (filed timely).
• Transaction type/code: Grant of RSUs (A); 20,838 units at $0.00 per unit.
• Vesting/settlement: RSUs vest in one-third increments on June 1 of each subsequent year after the grant and settle in shares (footnote F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Filed within the required window (not reported late).

Context RSUs are a form of equity compensation that convert into shares when they vest; they do not represent an immediate purchase or sale and are often routine executive compensation. Such grants increase potential future dilution when settled but do not directly signal a personal investment decision by the insider.