Williams-Sonoma (NYSE: WSM) awards CAO 2,208 RSUs vesting 2027-30
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brooks Jeremy reported acquisition or exercise transactions in this Form 4 filing.
Williams-Sonoma Inc. reported that its Chief Accounting Officer, Jeremy Brooks, received a grant of 2,208 restricted stock units. Each unit represents a right to receive one share of Williams-Sonoma common stock. The award vests in four equal annual installments on the grant-date anniversaries in 2027, 2028, 2029 and 2030, and the units are cancelled as shares are delivered.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brooks Jeremy
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,208 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,208 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of WSM common stock. The restricted stock units vest in four equal installments on each anniversary of the grant date in 2027, 2028, 2029 and 2030. The restricted stock units are cancelled upon vesting and delivery of shares of WSM common stock.
FAQ
What insider transaction did Williams-Sonoma (WSM) report for Jeremy Brooks?
Williams-Sonoma reported a grant of 2,208 restricted stock units to Chief Accounting Officer Jeremy Brooks. These units are a stock-based compensation award that convert into Williams-Sonoma common shares as they vest over a multi-year period starting in 2027.
How many Williams-Sonoma (WSM) restricted stock units were granted?
Jeremy Brooks received 2,208 restricted stock units from Williams-Sonoma. Each restricted stock unit represents a contingent right to receive one share of WSM common stock, providing equity-based compensation that aligns the officer’s interests with shareholders over the vesting period.
What is the vesting schedule for Jeremy Brooks’ WSM restricted stock units?
The 2,208 restricted stock units vest in four equal installments on each anniversary of the grant date in 2027, 2028, 2029 and 2030. This creates a staggered vesting schedule that rewards continued service over several years.
What does each Williams-Sonoma (WSM) restricted stock unit represent?
Each restricted stock unit granted to Jeremy Brooks represents a contingent right to receive one share of Williams-Sonoma common stock. When a unit vests, it is cancelled and replaced by delivery of an equivalent share, turning the deferred award into actual equity ownership.
Are the Williams-Sonoma (WSM) restricted stock units cancelled at vesting?
Yes. The restricted stock units are cancelled upon vesting and delivery of shares of Williams-Sonoma common stock. This means units cease to exist once they convert into shares, reflecting completion of the equity award for that vested portion.
Is the Williams-Sonoma (WSM) Form 4 transaction a purchase or a grant?
The Form 4 transaction is a grant or award acquisition of restricted stock units, not an open-market purchase. It reflects stock-based compensation provided by Williams-Sonoma to its Chief Accounting Officer rather than shares bought or sold on the market.