Amer Sports (NYSE: AS) CEO acquires 33,350 shares via derivative exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amer Sports, Inc. Chief Executive Officer Zheng Jie (James) exercised restricted stock units into ordinary shares. He converted 33,350 restricted stock units, each representing a right to receive one ordinary share of Amer Sports, Inc., into 33,350 ordinary shares with a transaction price of $0.00 per share. Following this derivative exercise, he directly holds 1,262,385 ordinary shares. The restricted stock units were granted under the Amer Sports, Inc. 2024 Omnibus Incentive Plan on April 15, 2024 and are scheduled to vest in equal installments on the second and third anniversaries of the grant date, subject to the plan and award agreement terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
33,350 shares exercised/converted
Mixed
2 txns
Insider
Zheng Jie (James)
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 33,350 | $0.00 | -- |
| Exercise | Ordinary Shares | 33,350 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 33,350 shares (Direct);
Ordinary Shares — 1,262,385 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one Ordinary Share of Amer Sports, Inc. Reflects restricted stock units granted under the Amer Sports, Inc. 2024 Omnibus Incentive Plan ("the 2024 Omnibus Plan") on April 15, 2024, which are scheduled to vest in equal installments on the second and third anniversaries of the grant date, subject to the terms of the 2024 Omnibus Plan and the applicable award agreement.
Key Figures
RSUs exercised: 33,350 units
Shares acquired: 33,350 shares
Holding after transaction: 1,262,385 shares
+2 more
5 metrics
RSUs exercised
33,350 units
Restricted Stock Units converted into ordinary shares
Shares acquired
33,350 shares
Ordinary shares received from RSU exercise
Holding after transaction
1,262,385 shares
Ordinary shares directly held post-transaction
Transaction price per share
$0.00 per share
Price reported for RSU-to-share conversion
Exercise transactions
1 derivative exercise
Exercise or conversion of derivative security (code M)
Key Terms
Restricted Stock Units, derivative security, Amer Sports, Inc. 2024 Omnibus Incentive Plan, Ordinary Shares
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one Ordinary Share of Amer Sports, Inc."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Amer Sports, Inc. 2024 Omnibus Incentive Plan financial
"Reflects restricted stock units granted under the Amer Sports, Inc. 2024 Omnibus Incentive Plan ("the 2024 Omnibus Plan")"