Form 4: ABM Industries CFO Granted Restricted Stock Units

ABM Industries' EVP & Chief Financial Officer, David Marshall Orr, was granted 3,787 restricted stock units, increasing his beneficial ownership to 26,187 shares.

Summary

• David Marshall Orr, EVP & Chief Financial Officer of ABM Industries Inc. (ABM), acquired 3,787 shares of common stock.
• The transaction occurred on July 1, 2025, and was a grant at a price of $0.0000 per share.
• Following this transaction, Mr. Orr beneficially owns 26,187 shares of ABM common stock.
• The acquired shares are Restricted Stock Units (RSUs) granted under the company's 2021 Equity and Incentive Compensation Plan.
• These RSUs are contingent rights to receive shares of common stock and will vest in three equal annual installments, commencing one year from the grant date.
• Dividend equivalent rights (DERs) will accrue on these RSUs.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a key executive is a positive sign of aligning management incentives with long-term shareholder value, reflecting a standard compensation practice.

Positives

• The grant of Restricted Stock Units (RSUs) to the EVP & Chief Financial Officer aligns management's long-term interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The RSU grant is a standard component of executive compensation, indicating a structured approach to incentivizing key personnel.

Future Outlook

The granted Restricted Stock Units (RSUs) are scheduled to vest in three equal annual installments, beginning one year from the grant date.

Stakeholder Impact

• Shareholders: The RSU grant aligns the interests of the EVP & Chief Financial Officer with shareholders, as his compensation is tied to the company's stock performance, potentially encouraging decisions that enhance long-term shareholder value.

Next Steps

• Vesting of Restricted Stock Units in three equal annual installments, commencing one year from the grant date.

Key Dates

Keywords

ABM Industries, ABM, Form 4, SEC filing, insider transaction, restricted stock units, RSU, executive compensation, David Marshall Orr