Director Weber awarded new Uniti (NYSE: UNIT) stock grants with vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weber Johannes reported acquisition or exercise transactions in this Form 4 filing.
Uniti Group director Johannes Weber received two stock awards of common stock as equity compensation. One grant covers 8,803 shares at no cost and will vest in full on May 21, 2027, if he continues serving on the board.
A second grant covers 13,204 shares at no cost and will vest in four equal installments each May 21, starting on May 21, 2027, also conditioned on his continued board service. These are awards, not open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Weber Johannes
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 13,204 | $0.00 | -- |
| Grant/Award | COMMON STOCK | 8,803 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 13,204 shares (Direct, null)
Footnotes (1)
- Subject to the reporting person's continued service on the issuer's board of directors, these shares will vest in full on May 21, 2027. Subject to the reporting person's continued service on the issuer's board of directors, these shares vest in four equal installments on May 21 of each year, with the first vesting date being May 21, 2027.
Key Figures
Stock award 1 size: 8,803 shares
Stock award 2 size: 13,204 shares
Award 1 vesting date: May 21, 2027
+4 more
7 metrics
Stock award 1 size
8,803 shares
Common stock grant subject to cliff vesting
Stock award 2 size
13,204 shares
Common stock grant subject to installment vesting
Award 1 vesting date
May 21, 2027
First grant vests in full on this date
Award 2 first vesting date
May 21, 2027
First of four equal annual installments
Price per share for awards
$0.00 per share
Equity compensation, not open-market purchases
Shares following first award line
22,007 shares
Total holdings shown after 8,803-share award entry
Shares following second award line
13,204 shares
Total holdings shown after 13,204-share award entry
Key Terms
Grant, award, or other acquisition, vesting, four equal installments, board of directors
4 terms
Grant, award, or other acquisition financial
"Transaction code A is described as a grant, award, or other acquisition of common stock."
vesting financial
"These shares will vest in full on May 21, 2027, subject to continued service."
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.
four equal installments financial
"These shares vest in four equal installments on May 21 of each year."
board of directors financial
"Subject to the reporting person's continued service on the issuer's board of directors."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Uniti Group (UNIT) director Johannes Weber report in this Form 4?
Johannes Weber reported receiving two equity compensation awards of Uniti Group common stock. One grant is for 8,803 shares and another for 13,204 shares, both at no cost, subject to future vesting tied to his continued board service.
When do Johannes Weber’s Uniti Group (UNIT) stock awards vest?
The 8,803-share award vests in full on May 21, 2027. The 13,204-share award vests in four equal installments on May 21 each year, beginning May 21, 2027, assuming he continues serving on Uniti Group’s board.
Are Johannes Weber’s Uniti Group (UNIT) stock grants tied to his board service?
Yes. Both Uniti Group stock awards are conditioned on Weber’s continued service on the board of directors. The shares vest over time, with specific cliff and installment dates, only if he remains in that director role through those vesting dates.