ALLEN WILLIAM T 4
Research Summary
AI-generated summary
Savers Value Village (SVV) Director William T. Allen Converts 12,206 RSUs
What Happened
- William T. Allen, a director of Savers Value Village, reported a derivative conversion on 2026-06-04 in which 12,206 shares were acquired at $0.00 and 12,206 shares were disposed (also reported at $0.00). The filing shows conversion/exercise of RSU-like derivatives (transaction code M) and no dollar proceeds or purchase price are reported.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (Accession 0001883313-26-000048).
- Transaction type/code: M — exercise or conversion of a derivative (reported as RSU conversion per footnotes).
- Shares: 12,206 shares acquired via conversion; 12,206 shares disposed on the same date. Reported price for both entries: $0.00; no sale proceeds shown in the filing.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1—each RSU represents the contingent right to one share upon vesting; F2—RSUs vest on the earlier of the first anniversary of grant or the next annual meeting of stockholders.
- Filing timeliness: filing date is 2026-06-08 for a 2026-06-04 transaction (the filing shows these dates but does not include a timeliness flag in the provided data).
Context
- The M code covers exercises or conversions of derivatives. Here, the filing indicates RSUs vested/converted to shares and a same-day disposal of the same shares; the report does not disclose cash proceeds or whether the disposition was a sale to cover taxes or another form of net settlement. These kinds of automatic vesting/settlement events are common and not necessarily a directional trading signal.