Savers Value Village (SVV) counsel granted options, RSUs and common stock
Rhea-AI Filing Summary
Savers Value Village General Counsel Richard A. Medway received new equity awards and exercised previously granted units. On March 12, he was granted 83,120 non-qualified stock options with a $7.80 exercise price, vesting in roughly one-third increments on March 12 of 2027, 2028 and 2029. He also received 41,666 restricted stock units scheduled to vest in similar one-third increments over those same dates, plus 15,675 restricted stock units granted on March 13, 2026 that vest one year from grant.
On March 12, 19,089 restricted stock units granted in 2024 and 2025 vested and converted one-for-one into common shares, with 4,649 shares surrendered to cover tax withholding obligations. Following these transactions, he directly holds 14,440 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,675 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,025 | $0.00 | -- |
| Exercise | Restricted Stock Units | 14,064 | $0.00 | -- |
| Grant/Award | Stock Options (Right to Purchase) | 83,120 | $7.80 | $648K |
| Grant/Award | Restricted Stock Units | 41,666 | $0.00 | -- |
| Exercise | Common Stock | 5,025 | $8.03 | $40K |
| Exercise | Common Stock | 14,064 | $8.03 | $113K |
| Tax Withholding | Common Stock | 4,649 | $8.03 | $37K |
Footnotes (1)
- Represents vested shares of restricted stock units granted on March 12, 2024. Restricted stock units convert to shares of common stock on a one-for-one basis. Represents vested shares of restricted stock units granted on March 12, 2025. Restricted stock units convert to shares of common stock on a one-for-one basis. Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit awards granted on March 12, 2024 and March 12, 2025. 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. The remaining unvested portion of this restricted stock unit award will vest in substantially equal portions on March 12, 2027, and March 12, 2028. Each option represents the right to receive upon exercise one share of the Registrant's common stock subject to the applicable vesting conditions. Reflects an award of non-qualified stock options pursuant to the Savers Value Village Omnibus Incentive Compensation Plan that are scheduled to vest in approximately one-third increments at each of March 12, 2027, March 12, 2028 and March 12, 2029. Reflects an award of restricted stock units pursuant to the Savers Value Village Omnibus Incentive Compensation Plan that are scheduled to vest in approximately one-third increments at each of March 12, 2027, March 12, 2028 and March 12, 2029. Reflects an award of restricted stock units pursuant to the Savers Value Village Omnibus Incentive Compensation Plan that are scheduled to vest one year from the grant date of March 13, 2026.