Form 4: Director Laura O'Shaughnessy Acquires Deferred Stock Units in Acuity Brands

Acuity Brands director Laura O'Shaughnessy acquired 534 deferred stock units (DSUs) as part of her director compensation.

Summary

• Director Laura O'Shaughnessy received 534 deferred stock units (DSUs) from Acuity Brands as part of her annual director fees.
• The DSUs were granted on January 22, 2025, and will vest on the first anniversary of the grant date or the next annual meeting, whichever is earlier.
• The value of the DSUs was calculated using an average stock price of $328.00 per share.
• The DSUs will be payable upon retirement in either a lump sum or five annual installments.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed as neutral to slightly positive for long-term alignment.

Positives

• The acquisition of DSUs aligns the director's interests with the long-term performance of the company.
• The use of DSUs as part of director compensation is a common practice.

Industry Context

The granting of deferred stock units to directors is a common practice in corporate governance, aligning their interests with the long-term performance of the company.

Comparison to Industry Standards

• Many public companies use stock-based compensation, including deferred stock units, as part of their director compensation packages.
• The vesting schedule of one year is fairly standard for these types of grants.
• The use of an average stock price over a period of time to determine the value of the grant is also a common practice.

Stakeholder Impact

• The granting of DSUs to a director aligns their interests with shareholders, as the value of the DSUs is tied to the company's stock performance.

Key Dates

Keywords

Deferred Stock Units, DSU, Director Compensation, Acuity Brands, Stock Incentive, Laura O'Shaughnessy, AYI