Form 4: Adams Resources & Energy Director Richard Jenner Reports Stock Transactions
SEC Form 4 Filing
Director Richard Jenner reports the vesting and disposal of 366 restricted stock units and the acquisition of 817 new restricted stock units in Adams Resources & Energy, Inc.
Summary
- Richard Jenner, a director of Adams Resources & Energy, Inc., reported transactions involving the company's stock on March 1, 2024.
- Jenner vested and disposed of 366 shares of common stock related to restricted stock units that vested on March 1, 2024.
- He also acquired 817 restricted stock units on March 1, 2024, which will vest on March 1, 2025, contingent upon continued service.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The reporting person will vest into 817 restricted stock units on March 1, 2025, provided they remain in active service.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/01/2023 | Date of previous grant of 366 restricted stock units that vested on March 1, 2024 |
| 03/01/2024 | Date of transaction: Vesting and disposal of 366 restricted stock units and grant of 817 new restricted stock units. |
| 03/01/2025 | Vesting date for the 817 restricted stock units granted on March 1, 2024. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Adams Resources & Energy, Richard Jenner, Restricted Stock Units, Beneficial Ownership, Director, AE
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