Adient (ADNT) director Henderson receives 12,429-share equity award, lifting holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adient plc director Frederick A. Henderson received an equity grant of 12,429 ordinary shares as compensation for his board service. The shares were awarded at no cash cost to him under the Adient plc 2021 Omnibus Incentive Plan and are classified as a grant or award acquisition.
Following this transaction, Henderson directly holds a total of 104,614 Adient ordinary shares. This is a routine, compensation-related equity award rather than an open-market purchase or sale, and it increases his direct ownership stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Henderson Frederick A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 12,429 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 104,614 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Adient (ADNT) director Frederick A. Henderson report?
Frederick A. Henderson reported receiving 12,429 Adient ordinary shares as an equity grant. The award was delivered as compensation for his service as a director under the Adient plc 2021 Omnibus Incentive Plan, rather than through an open-market purchase.
Was the Adient (ADNT) insider transaction a purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. Henderson received 12,429 ordinary shares at no cash cost under the Adient plc 2021 Omnibus Incentive Plan as part of his director compensation, classified as a grant or award acquisition.
What is the significance of the Adient plc 2021 Omnibus Incentive Plan in this Form 4?
The Adient plc 2021 Omnibus Incentive Plan is the vehicle through which Henderson’s 12,429-share grant was delivered. It governs equity-based compensation for eligible participants, and in this case provided ordinary shares as compensation for his ongoing service on Adient’s board.