Century Aluminum (CENX) director granted 2,172 RSUs as annual award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Berntzen Jarl reported acquisition or exercise transactions in this Form 4 filing.
Century Aluminum Co director Jarl Berntzen received an annual equity award of 2,172 shares of common stock as restricted stock units (RSUs). The RSUs vest in full on the earlier of the 12-month anniversary of the grant date, the company’s next regular annual meeting of stockholders, or certain other events defined in the award terms. After this grant, Berntzen directly holds 211,123 shares of Century Aluminum common stock, which includes shares issuable from vested RSUs whose settlement has been deferred under a prior annual deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berntzen Jarl
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,172 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 211,123 shares (Direct, null)
Footnotes (1)
- Represents annual grant of restricted stock units ("RSUs"), all of which vest in full on the earlier of (i) the 12-month anniversary of the grant date, (ii) the date of the Issuer's next regular annual meeting of stockholders, or (iii) the occurrence of certain other events in accordance with the terms of the award. Includes shares of common stock issuable pursuant to vested RSUs, the settlement of which have been deferred pursuant to an annual deferral election previously made by the Reporting Person.
Key Figures
RSU grant size: 2,172 shares
Grant price: $0.0000 per share
Post-transaction holdings: 211,123 shares
+1 more
4 metrics
RSU grant size
2,172 shares
Annual grant of restricted stock units to director
Grant price
$0.0000 per share
Equity award, no cash paid by director
Post-transaction holdings
211,123 shares
Common stock held directly after the RSU grant
Vesting horizon
12-month anniversary or next annual meeting
RSUs vest on the earliest of these events or other specified events
Key Terms
restricted stock units ("RSUs"), annual grant, deferral election, annual meeting of stockholders
4 terms
restricted stock units ("RSUs") financial
"Represents annual grant of restricted stock units ("RSUs"), all of which vest in full on the earlier of"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual grant financial
"Represents annual grant of restricted stock units ("RSUs"), all of which vest in full"
deferral election financial
"settlement of which have been deferred pursuant to an annual deferral election previously made"
annual meeting of stockholders financial
"the date of the Issuer's next regular annual meeting of stockholders, or (iii) the occurrence"