Roper Technologies (ROP) director receives 85 restricted stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roper Technologies director Irene M. Esteves received a grant of 85 restricted stock units. These units were awarded as part of the company’s Director Compensation Plan and each unit represents a contingent right to receive one share of Roper Technologies common stock.
The restricted stock units vest on the 6‑month anniversary of the grant date, meaning they must be held for that period before converting into shares. After this award, Esteves is reported as directly owning 3,860 shares of common stock. She has elected to defer receipt of these shares under the company’s Non‑Qualified Retirement Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ESTEVES IRENE M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 85 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,860 shares (Direct)
Footnotes (1)
- The securities reported are restricted stock units granted to the reporting person pursuant to the Director Compensation Plan, and each restricted stock unit represents a contingent right to receive one share of Roper Technologies, Inc. common stock. The restricted stock units vest on the 6-month anniversary of the grant date. The reporting person has elected to defer receipt until a later date pursuant to the Company's Non-Qualified Retirement Plan.
FAQ
What did Roper Technologies (ROP) director Irene Esteves report on this Form 4?
Irene M. Esteves reported receiving 85 restricted stock units as director compensation. Each unit represents a contingent right to one share of Roper Technologies common stock, with vesting and payment terms defined under company compensation and retirement plans.
What are the key terms of the restricted stock units granted to the ROP director?
The 85 restricted stock units are granted under the Director Compensation Plan and each unit equals one share of common stock. The units vest on the 6‑month anniversary of the grant date, at which point they may convert into shares, subject to the deferral election.
When do Irene Esteves’s Roper Technologies restricted stock units vest?
The restricted stock units vest on the 6‑month anniversary of the grant date. Vesting means the director’s contingent right to receive Roper Technologies common shares becomes non‑forfeitable, although actual receipt may be deferred under the company’s Non‑Qualified Retirement Plan.
Did the ROP director pay anything for the 85 restricted stock units?
The reported transaction price per share is listed as 0.0000, indicating the 85 restricted stock units were granted as compensation rather than purchased. This is a typical structure for director equity awards at public companies, aligning director interests with long‑term shareholder value.
How are the Roper Technologies restricted stock units treated for payment to the director?
Irene M. Esteves elected to defer receipt of the shares into the company’s Non‑Qualified Retirement Plan. This means that even after the units vest, actual delivery of Roper Technologies common stock will occur at a later date specified under that retirement plan’s rules.