Savers Value Village (NYSE: SVV) director receives grant of 13,655 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Savers Value Village director Aina E. Konold received a grant of 13,655 restricted stock units (RSUs). Each RSU represents the right to receive one share of common stock after vesting, at no cash exercise price.
The RSUs vest on the earlier of the first anniversary of the grant or the next annual stockholder meeting. Konold has elected to defer settlement of the vested RSUs until separation from service or a change of control, so she will not receive the underlying shares until one of those events occurs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Konold Aina E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,655 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 13,655 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents the contingent right to receive, following vesting of the RSU, one share of the Registrant's common stock subject to the applicable vesting and settlement conditions. Restricted stock units ("RSUs") vest on the earlier of (i) the first anniversary of grant or (ii) the next annual meeting of stockholders. The reporting person has elected to defer receiving shares of common stock upon vesting of these RSUs until separation from service or change of control in accordance with the Reporting Person's deferral election.
Key Figures
RSUs granted: 13,655 units
Underlying common stock: 13,655 shares
Exercise price: $0.0000 per unit
3 metrics
RSUs granted
13,655 units
Restricted stock units granted to director on reported date
Underlying common stock
13,655 shares
Each RSU represents one share of common stock upon settlement
Exercise price
$0.0000 per unit
No cash exercise price for RSUs
Key Terms
Restricted Stock Units, vesting, change of control, deferral election
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents the contingent right to receive..."
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.
vesting financial
"RSUs vest on the earlier of the first anniversary of grant or the next annual meeting..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
change of control financial
"until separation from service or change of control in accordance with the Reporting Person's deferral election"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
deferral election financial
"in accordance with the Reporting Person's deferral election"
FAQ
What insider transaction did Savers Value Village (SVV) report for Aina E. Konold?
Savers Value Village reported that director Aina E. Konold received a grant of 13,655 restricted stock units. These RSUs are compensation, not an open-market purchase, and each unit represents a right to receive one share of common stock after vesting and settlement.
How many Savers Value Village (SVV) RSUs were granted to Aina E. Konold?
Aina E. Konold was granted 13,655 restricted stock units. After vesting and settlement, each RSU converts into one share of Savers Value Village common stock, giving her contingent rights to 13,655 shares as part of her director compensation package.
When do Aina E. Konold’s Savers Value Village (SVV) RSUs vest?
The RSUs vest on the earlier of the first anniversary of the grant or the next annual meeting of stockholders. This means vesting is tied to standard board service timelines rather than performance targets or multi-year schedules, aligning with typical director equity awards.
What does Aina E. Konold’s deferral election mean for her Savers Value Village (SVV) RSUs?
Konold elected to defer receiving common shares until separation from service or a change of control. She will not receive actual shares when the RSUs vest; instead, settlement is postponed, which can align equity compensation timing with her eventual departure or a corporate transaction.
Are there any cash exercise costs for Aina E. Konold’s Savers Value Village (SVV) RSUs?
There is no cash exercise price for these RSUs, as reflected by the reported price of 0.0000 per unit. RSUs are a form of stock-based compensation where shares are delivered after vesting and settlement conditions are met, rather than being purchased by the director.
How many Savers Value Village (SVV) RSUs does Aina E. Konold hold after this grant?
Following this grant, Aina E. Konold holds 13,655 restricted stock units directly. Each unit corresponds to one potential share of common stock, contingent on vesting and her deferral terms for settlement tied to separation from service or a change of control event.