Director at Savers Value Village (SVV) awarded 13,655 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pipes Kristy reported acquisition or exercise transactions in this Form 4 filing.
Savers Value Village director Kristy Pipes received a grant of 13,655 restricted stock units (RSUs). Each RSU represents the contingent right to receive one share of common stock after the units vest, subject to vesting and settlement conditions.
The RSUs vest on the earlier of the first anniversary of the grant or the next annual meeting of stockholders. Pipes has elected to defer receiving the common shares until separation from service or a change of control. Following this grant, she holds 13,655 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pipes Kristy
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
RSUs outstanding after grant: 13,655 units
Grant price per RSU: $0.0000 per unit
3 metrics
RSUs granted
13,655 units
Restricted stock units granted to director on 2026-06-10
RSUs outstanding after grant
13,655 units
Total restricted stock units held directly following transaction
Grant price per RSU
$0.0000 per unit
Reported transaction price for restricted stock unit grant
Key Terms
Restricted Stock Units, deferral election, change of control
3 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents the contingent right to receive, following vesting..."
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.
deferral election financial
"The reporting person has elected to defer receiving shares of common stock upon vesting... in accordance with the Reporting Person's deferral election."
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.
FAQ
What did Kristy Pipes report in this Savers Value Village (SVV) Form 4 filing?
Kristy Pipes reported receiving 13,655 restricted stock units from Savers Value Village as a grant. Each RSU represents a contingent right to one share of common stock, subject to vesting and settlement conditions described in the award terms.
How many Savers Value Village (SVV) restricted stock units did Kristy Pipes receive?
She received 13,655 restricted stock units in this transaction. Each unit is tied to one share of Savers Value Village common stock, deliverable after the RSUs vest and the applicable settlement conditions are satisfied under the company’s equity plan.
What are the vesting terms for Kristy Pipes’ new Savers Value Village (SVV) RSUs?
The RSUs vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders. Vesting must occur before any shares of common stock are delivered, and the award remains subject to the plan’s standard conditions.
Did Kristy Pipes buy or sell Savers Value Village (SVV) stock on the open market?
No open-market buy or sell is reported here. The filing shows a grant of restricted stock units as compensation, with no purchase price and no sale transaction disclosed in connection with this specific Form 4 entry.
How many Savers Value Village (SVV) restricted stock units does Kristy Pipes hold after this grant?
After this award, Pipes holds 13,655 restricted stock units directly. Each RSU corresponds to a contingent right to one share of Savers Value Village common stock, subject to the vesting schedule and her deferral election for settlement timing.