Form 4: AdvanSix Director Donald P. Newman Granted Restricted Stock Units

AdvanSix Inc. Director Donald P. Newman received a grant of 5,020 restricted stock units, which are set to vest in full on June 18, 2026.

Summary

• Donald P. Newman, a Director of AdvanSix Inc. (ASIX), was granted 5,020 shares of common stock in the form of restricted stock units (RSUs) on June 18, 2025.
• The grant was made at a price of $0 per share, consistent with a compensation award under the company's incentive plan.
• These restricted stock units are scheduled to vest in full on June 18, 2026.
• Following this transaction, Mr. Newman's direct beneficial ownership of AdvanSix common stock totals 11,049 shares.
• The total beneficial ownership includes an additional 6 shares representing stock units credited as dividend equivalents in connection with unvested restricted stock units and deferred stock units, acquired in transactions exempt from reporting under Rule 16a-11.
• The grant was issued pursuant to the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as Amended and Restated.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it represents a routine, non-dilutive (in the immediate term) compensation event for a director, aligning their interests with shareholders. It's not a major positive or negative, hence a neutral-to-slightly-positive score.

Positives

• The grant of restricted stock units to a director aligns management's long-term interests with those of shareholders by tying a portion of compensation to the company's future stock performance.
• The transaction is part of a pre-existing and approved stock incentive plan, indicating a structured and transparent approach to executive and director compensation.

Future Outlook

The restricted stock units granted to Director Donald P. Newman are scheduled to vest in full on June 18, 2026, representing a future milestone for this compensation and a continued alignment of interests.

Industry Context

This transaction represents a routine insider compensation event, common across publicly traded companies, where directors receive equity grants to align their long-term interests with those of shareholders. It does not provide specific insights into broader industry trends for the specialty chemicals sector in which AdvanSix operates.

Comparison to Industry Standards

• The grant of restricted stock units to a director is a standard practice in corporate compensation across various industries, including specialty chemicals.
• While the specific number of units (5,020) and the total beneficial ownership (11,049 shares) would typically be benchmarked against compensation packages for directors at comparable companies within the specialty chemicals sector (e.g., Eastman Chemical Company, Celanese Corporation, Westlake Chemical Corporation), this Form 4 does not provide sufficient detail to make a direct quantitative comparison of the compensation's competitiveness or size relative to industry peers.
• However, the use of RSUs with a vesting period is a common mechanism to promote long-term retention and performance alignment, consistent with best practices in corporate governance.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant of restricted stock units to a director aligns their interests with shareholders by tying a portion of their compensation to the company's stock performance and long-term value creation.
• Employees: While not directly impacting all employees, the use of equity incentive plans can signal a commitment to performance-based compensation at the leadership level, potentially influencing broader compensation philosophies.
• Management: The RSU grant serves as a retention mechanism and incentive for Director Donald P. Newman, encouraging continued dedication to the company's strategic objectives.

Next Steps

• The 5,020 restricted stock units granted to Donald P. Newman are scheduled to vest in full on June 18, 2026.

Key Dates

Keywords

AdvanSix Inc., ASIX, Form 4, SEC filing, insider transaction, restricted stock units, RSU grant, director compensation, stock incentive plan, corporate governance