ROGERS CORP·4

May 21, 5:28 PM ET

El-Haj Ali Omar 4

Research Summary

AI-generated summary

Updated

Rogers (ROG) CEO Ali Omar Receives RSU Award

What Happened

  • Ali Omar, President & CEO and a director of Rogers Corporation (ROG), was awarded 24,822 Time-Based Restricted Stock Units (RSUs) on 2026-05-19. The award was granted at $0.00 per share (no cash paid); the RSUs convert one-for-one into common stock under the company's 2019 Long-Term Equity Compensation Plan.
  • This is a grant/award (compensation), not an open-market purchase or sale, and does not represent an immediate cash transaction or share sale.

Key Details

  • Transaction date: 2026-05-19; Form 4 filed: 2026-05-21.
  • Amount: 24,822 RSUs granted; grant price recorded as $0.00; aggregate value at grant not reported as cash.
  • Vesting schedule (footnote): 44% vest on May 28, 2027; 44% on May 28, 2028; remaining 12% on May 28, 2029. RSUs generally vest only if employed at vesting dates; pro-rated vesting applies on death/disability; unvested units are forfeited on termination for reasons other than death/disability.
  • Conversion: RSUs convert one-for-one to common shares per the 2019 plan.
  • Shares owned after transaction: Not specified in the filing.
  • No 10b5-1 plan, tax withholding, or late-filing indication noted in the provided filing.

Context

  • RSU grants are a common form of executive compensation intended to align long-term interests with shareholders; they are time-based here and do not indicate an immediate buying or selling preference by the insider.
  • For retail investors, awards are informative about compensation and long-term retention incentives but are less informative about short-term insider sentiment than open-market purchases or sales.