Fidelis Insurance (FIHL) grants 71,725 shares to Group MD
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Strickle Jonathan reported acquisition or exercise transactions in this Form 4 filing.
Fidelis Insurance Holdings Ltd Group Managing Director Jonathan Strickle received a grant of 71,725 common shares as equity compensation. The shares were awarded at no cash cost to him. Following this grant, he directly holds 140,186 common shares.
This total includes 123,806 restricted share units that are subject to time-based vesting conditions, each representing a contingent right to receive one common share when vesting requirements are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Strickle Jonathan
Role
Group Managing Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 71,725 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 140,186 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 71,725 shares
Grant price: $0.00 per share
Total shares after grant: 140,186 shares
+1 more
4 metrics
Shares granted
71,725 shares
Equity award of common shares
Grant price
$0.00 per share
Compensation-related share grant
Total shares after grant
140,186 shares
Direct common share holdings post-transaction
Restricted share units
123,806 RSUs
Subject to time-based vesting; each for one common share
Key Terms
restricted share units, RSUs, time-based vesting conditions, contingent right
4 terms
RSUs financial
"Includes 123,806 restricted share units ("RSUs") subject to time-based vesting conditions."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
time-based vesting conditions financial
"Includes 123,806 restricted share units ("RSUs") subject to time-based vesting conditions."
contingent right financial
"Each RSU represents a contingent right to receive one common share upon vesting."
FAQ
What insider transaction did FIHL’s Jonathan Strickle report on this Form 4?
Jonathan Strickle reported an acquisition of 71,725 Fidelis Insurance common shares as an equity grant. The award carried a per-share price of $0.00, indicating compensation rather than a market purchase. This increased his directly held common share position.
What role does Jonathan Strickle hold at Fidelis Insurance (FIHL)?
Jonathan Strickle is an officer of Fidelis Insurance Holdings Ltd and serves as Group Managing Director. The reported equity grant aligns his compensation with the company’s performance through additional common share and restricted share unit exposure.