Ames Brian 4
Research Summary
AI-generated summary
Savers Value Village (SVV) Director Brian Ames Converts 9,015 RSUs
What Happened
- Brian Ames, a director of Savers Value Village, had 9,015 restricted stock units (RSUs) convert/exercise into 9,015 shares on 2026-06-04. The Form 4 shows an "acquired" entry for 9,015 shares at $0.00 and a matching "disposed" derivative entry for 9,015 units at $0.00. No cash changed hands in this conversion.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (filed within the SEC’s 2-business-day window).
- Transaction codes: M (exercise/conversion of a derivative instrument).
- Price: $0.00 per share (reflects conversion/settlement of RSUs, not a market purchase/sale).
- Shares owned after the transaction: not specified in the excerpt of the filing provided.
- Footnotes: F1 explains each RSU converts to one share upon vesting; F2 notes RSUs vest on the earlier of the first anniversary of grant or the next annual meeting.
Context
- This was a vesting/settlement event (RSUs converting to common stock), not an open-market purchase or sale. The "disposed" derivative entry reflects the RSU being settled/converted rather than a sale to a third party. Such awards are routine compensation/vesting events for insiders and do not, by themselves, indicate a buy or sell opinion on the stock.