ST JOE Co (JOE) CEO receives 11,126-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ST JOE Co reported that President, CEO and Chairman Jorge Luis Gonzalez acquired 11,126 shares of common stock through a grant of restricted stock. The award was made under The St. Joe Company 2025 Performance and Equity Incentive Plan at a stated price of $0.00 per share, reflecting a compensation grant rather than an open-market purchase.
After this grant, Gonzalez directly owns 77,883 shares of common stock. The restricted stock will vest in three equal annual installments on March 2 of 2027, 2028 and 2029, conditioned on his continued employment with the company, which ties the value of this award to his longer-term service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gonzalez Jorge Luis
Role
President, CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,126 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 77,883 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ST JOE Co (JOE) report for Jorge Luis Gonzalez?
ST JOE Co reported that President, CEO and Chairman Jorge Luis Gonzalez received a grant of 11,126 shares of restricted common stock. This award is part of his equity compensation and was not an open-market stock purchase or sale.
Was the ST JOE Co (JOE) restricted stock grant an open-market purchase?
No, the restricted stock grant was not an open-market purchase. The shares were awarded at a stated price of $0.00 per share under The St. Joe Company 2025 Performance and Equity Incentive Plan as part of executive compensation.
Which equity plan governed the restricted stock grant at ST JOE Co (JOE)?
The restricted stock grant was made under The St. Joe Company 2025 Performance and Equity Incentive Plan. This plan provides for equity-based awards, such as restricted stock, that align executive compensation with the company’s long-term performance and service.