EZCORP (EZPW) director awarded 6,641 non-voting shares via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tillett Gary reported acquisition or exercise transactions in this Form 4 filing.
EZCORP director Gary Tillett reported an equity award of 6,641 shares of Class A Non-Voting Common Stock held through a trust. The award was valued at $25.60 per share based on the March 25, 2026 closing market value, with no cash consideration paid beyond services rendered.
All shares vest on the day immediately preceding EZCORP's 2027 annual meeting of stockholders, but no later than March 31, 2027. Following this grant, the trust associated with Tillett holds a total of 140,124 shares indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tillett Gary
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Non-Voting Common Stock | 6,641 | $25.60 | $170K |
Holdings After Transaction:
Class A Non-Voting Common Stock — 140,124 shares (Indirect, Trust)
Footnotes (1)
- All shares vest on the day immediately preceding the date of the Company's 2027 Annual Meeting of Stockholders (but no later than March 31, 2027). Closing market value on March 25, 2026. However, no consideration was paid for the award other than services rendered and to be rendered by the Reporting Person.
Key Figures
Shares awarded: 6,641 shares
Award valuation price: $25.60 per share
Indirect holdings after grant: 140,124 shares
+1 more
4 metrics
Shares awarded
6,641 shares
Class A Non-Voting Common Stock grant to trust
Award valuation price
$25.60 per share
Closing market value on March 25, 2026
Indirect holdings after grant
140,124 shares
Total Class A Non-Voting shares held via trust after transaction
Latest vesting date
March 31, 2027
All awarded shares vest by this date at the latest
Key Terms
Class A Non-Voting Common Stock, Grant, award, or other acquisition, closing market value, vest, +1 more
5 terms
Class A Non-Voting Common Stock financial
"security_title: "Class A Non-Voting Common Stock""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
closing market value financial
"Closing market value on March 25, 2026."
vest financial
"All shares vest on the day immediately preceding the date of the Company's 2027 Annual Meeting of Stockholders"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
indirect financial
"ownership_type: "indirect" with nature_of_ownership "Trust""
FAQ
What insider transaction did EZCORP (EZPW) report for Gary Tillett?
EZCORP reported that director Gary Tillett received an award of 6,641 shares of Class A Non-Voting Common Stock, held indirectly through a trust. This was a grant related to services rendered and to be rendered, not an open-market stock purchase.
What price was used to value Gary Tillett’s EZCORP (EZPW) stock award?
The award was valued using the closing market value of $25.60 per share on March 25, 2026. Footnotes explain that no cash consideration was paid for the award beyond services rendered and to be rendered by the reporting person as a director.
Is Gary Tillett’s EZCORP (EZPW) stock award a direct or indirect holding?
The 6,641-share award is reported as an indirect holding through a trust. The Form 4 lists the ownership type as indirect with the nature of ownership described as “Trust,” meaning the shares are held by a related trust rather than directly in his name.
What type of security did Gary Tillett receive from EZCORP (EZPW)?
Gary Tillett received Class A Non-Voting Common Stock in EZCORP. These shares do not carry voting rights but still represent an equity interest, aligning his compensation with shareholder value while keeping voting control separate from this particular class of stock.