Shimmick (SHIM) director Del Guercio exercises 100,671 RSUs and receives 44,000 new units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shimmick Corp director Joseph Del Guercio increased his equity stake through compensation-related transactions. He exercised 100,671 restricted stock units (RSUs) into the same number of common shares at a reported price of $0.00 per share, bringing his direct common stock holdings to 224,576 shares.
On the same date, he also received a new grant of 44,000 RSUs, which convert into common stock on a one-for-one basis. These new RSUs will vest and settle into common shares on the date of Shimmick’s next annual stockholder meeting, contingent on his continued service through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
100,671 shares exercised/converted
Mixed
3 txns
Insider
DEL GUERCIO JOSEPH
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 44,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 100,671 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 100,671 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 44,000 shares (Direct, null);
Common Stock, par value $0.01 per share — 224,576 shares (Direct, null)
Footnotes (1)
- RSUs convert into common stock on a one-for-one basis. The RSUs will vest in full and settle into shares of common stock on the date of the next annual meeting of the Issuer's stockholders, subject to Reporting Perons's continued service through such date. On June 4, 2025, the Reporting Person was granted 100,671 RSUs, vesting and settling upon the date of next annual meeting of the Issuer's stockholders, subject to Reporting Person's continued service through such date.
Key Figures
RSUs exercised into common stock: 100,671 shares
New RSU grant: 44,000 RSUs
Common shares after exercise: 224,576 shares
+3 more
6 metrics
RSUs exercised into common stock
100,671 shares
RSUs converted one-for-one into common stock on exercise
New RSU grant
44,000 RSUs
Grant to director, vesting at next annual stockholder meeting
Common shares after exercise
224,576 shares
Total direct holdings of common stock following RSU conversion
RSU-to-share conversion ratio
1 RSU : 1 share
RSUs convert into common stock on a one-for-one basis
Exercise price per RSU
$0.00 per unit
Reported transaction price for RSU conversion into common stock
Vesting trigger for new RSUs
Next annual meeting date
Vest and settle on date of next annual stockholder meeting, if service continues
Key Terms
Restricted Stock Units, RSUs, Form 4, annual meeting of the Issuer's stockholders
4 terms
Restricted Stock Units financial
"The RSUs will vest in full and settle into shares of common stock on the date of the next annual meeting"
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.
RSUs financial
"RSUs convert into common stock on a one-for-one basis."
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
annual meeting of the Issuer's stockholders financial
"settle into shares of common stock on the date of the next annual meeting of the Issuer's stockholders"
FAQ
What insider transactions did Shimmick (SHIM) director Joseph Del Guercio report?
Director Joseph Del Guercio reported exercising 100,671 restricted stock units into common stock and receiving a new grant of 44,000 RSUs. All moves are compensation-related equity acquisitions, with no open-market buying or selling disclosed in this Form 4 filing.
What are the terms of Joseph Del Guercio’s new 44,000 Shimmick (SHIM) RSU grant?
The new award of 44,000 restricted stock units will vest in full and settle into Shimmick common shares on the date of the next annual stockholder meeting, provided Del Guercio continues serving as a director through that vesting date.
Did Joseph Del Guercio buy or sell Shimmick (SHIM) stock on the open market?
The Form 4 shows no open-market purchases or sales. It reports an RSU conversion into 100,671 common shares and a grant of 44,000 new RSUs, both compensation and equity-award events rather than discretionary market trades.
How do Shimmick (SHIM) RSUs convert into common stock for Joseph Del Guercio?
The filing states that restricted stock units convert into Shimmick common stock on a one-for-one basis. Each vested RSU delivers one share of common stock once the vesting and settlement conditions described in the award are satisfied.