HF Foods (HFFG) CFO receives new RSU and PSU equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HF Foods Group Inc. reported that CFO Paul E. McGarry acquired equity awards rather than buying shares on the market. He received 54,087 restricted stock units of common stock, which vest in one-third increments annually starting on April 15, 2027. Following this grant, his direct common stock holdings reported in the filing total 63,787 shares.
He was also granted 54,087 performance stock units (PSUs), each representing a contingent right to receive between 1 and 2.25 times shares of common stock if vesting conditions are met. The PSUs are scheduled to vest on April 15, 2029 if, for a 30‑trading‑day period between January 1, 2026 and December 31, 2028, the company’s closing market capitalization averages between $200 million and $400 million. After this PSU grant, his reported PSU balance is 61,287 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McGarry Paul E
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 54,087 | $0.00 | -- |
| Grant/Award | Common Stock | 54,087 | $0.00 | -- |
Holdings After Transaction:
Performance Stock Units — 61,287 shares (Direct, null);
Common Stock — 63,787 shares (Direct, null)
Footnotes (1)
- Represents a grant of restricted stock units; vests in one-third increments annually, beginning April 15, 2027. Each performance stock unit ("PSU") represents a contingent right to receive 1 to 2.25x shares of the Issuer's Class A Common Stock upon satisfaction of applicable vesting conditions. The PSUs are scheduled to vest on April 15, 2029, if for at least a period of thirty trading days commencing on January 1, 2026, and ending on December 31, 2028, the closing market capitalization of the Issuer averages $200 million to $400 million over such thirty-day period.
Key Figures
RSU grant size: 54,087 units
Common stock holdings after grant: 63,787 shares
PSU grant size: 54,087 units
+5 more
8 metrics
RSU grant size
54,087 units
Restricted stock units of common stock granted to CFO
Common stock holdings after grant
63,787 shares
Direct common stock reported following RSU grant
PSU grant size
54,087 units
Performance stock units granted, tied to common stock
PSU holdings after grant
61,287 units
Performance stock units reported following grant
PSU share multiple
1 to 2.25x
Each PSU can settle into 1–2.25 shares of common stock
Market cap vesting range
$200M–$400M
Average closing market capitalization required for PSU vesting
RSU vest start date
April 15, 2027
First one‑third of RSUs vesting date
PSU vest date
April 15, 2029
Scheduled PSU vesting date if conditions are met
Key Terms
restricted stock units, performance stock units, Class A Common Stock, market capitalization, +1 more
5 terms
restricted stock units financial
"Represents a grant of restricted stock units; vests in one-third increments annually"
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.
performance stock units financial
"Each performance stock unit ("PSU") represents a contingent right to receive 1 to 2.25x shares"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Class A Common Stock financial
"Each performance stock unit ("PSU") represents a contingent right to receive 1 to 2.25x shares of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
market capitalization financial
"the closing market capitalization of the Issuer averages $200 million to $400 million"
Market capitalization is the total market value of a company’s outstanding shares, calculated by multiplying the current share price by the number of shares issued. It gives a quick snapshot of a company’s size and how investors value it, influencing perceived risk, index membership, and roughly how much it might cost to buy the whole company — like using a sticker price to compare the relative size and price of different houses.
trading days financial
"for at least a period of thirty trading days commencing on January 1, 2026"
Trading days are the specific days when a stock exchange is open and buying and selling of securities can occur, excluding weekends and exchange-declared holidays. Investors use trading days to measure performance, calculate settlement deadlines and time-sensitive events—think of them as the business hours calendar for markets, where returns, volumes and deadlines are counted only on days the market is operating.
FAQ
What equity awards did HF Foods (HFFG) CFO Paul McGarry receive?
HF Foods CFO Paul McGarry received 54,087 restricted stock units and 54,087 performance stock units tied to common stock. These awards are compensation grants at $0.00 per unit, not open‑market purchases or sales, and vest over multi‑year performance and service periods.
How do the new restricted stock units for HFFG’s CFO vest?
The 54,087 restricted stock units vest in one‑third increments annually beginning April 15, 2027. This means the CFO earns one‑third of the units each year over three years, assuming continued service and satisfaction of any applicable award conditions.
What are the vesting conditions for HF Foods (HFFG) performance stock units?
The 54,087 performance stock units are scheduled to vest on April 15, 2029. Vesting requires that for a 30‑trading‑day period between January 1, 2026 and December 31, 2028, HF Foods’ closing market capitalization averages between $200 million and $400 million.