ASIX.NYSEAdvansix INC

Form 4: AdvanSix Director Todd Karran Granted 5,020 Restricted Stock Units

Sentiment:

Insider Transaction Disclosure


AdvanSix Inc. Director Todd D. Karran received a grant of 5,020 restricted stock units, increasing his total beneficial ownership to 85,739 shares.

Summary

  • Todd D. Karran, a Director of AdvanSix Inc. (ASIX), was granted 5,020 shares of Common Stock in the form of restricted stock units.
  • The transaction occurred on June 18, 2025, and the shares were granted at a price of $0.
  • These restricted stock units are part of the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as Amended and Restated, and are scheduled to vest in full on June 18, 2026.
  • Following this transaction, Mr. Karran's beneficial ownership of AdvanSix Inc. common stock increased to 85,739 shares.
  • The total beneficial ownership includes an additional 491 shares representing stock units credited as dividend equivalents and deferred stock units, acquired in transactions exempt from reporting under Rule 16a-11.

Sentiment

Score: 6

Explanation: Slightly positive as it represents a routine equity grant to a director, aligning their interests with shareholders, which is generally viewed favorably. No negative implications are present.

Positives

  • The grant of restricted stock units to Director Todd D. Karran aligns his interests with those of shareholders, incentivizing long-term performance.
  • The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged equity compensation strategy.

Negatives

  • No negative aspects are directly indicated by this routine equity grant disclosure.

Risks

  • The document does not disclose specific risks related to the company's operations or financial health; it is a disclosure of an insider transaction.

Future Outlook

The 5,020 restricted stock units granted to Director Todd D. Karran are scheduled to vest in full on June 18, 2026, indicating a future milestone for this equity compensation.

Industry Context

This Form 4 filing is a standard disclosure of insider equity compensation, common across all industries for publicly traded companies, and does not provide specific insights into broader industry trends for AdvanSix Inc.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Equity Compensation GrantGrant of 5,020 restricted stock units to Director Todd D. Karran under the existing 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as Amended and Restated.06/18/2025Reinforces alignment of director's interests with long-term shareholder value through equity-based compensation.

Stakeholder Impact

  • Shareholders: The grant of equity to a director aligns their financial interests with the long-term performance of the company, potentially benefiting shareholders through improved governance and strategic decisions.

Next Steps

  • The 5,020 restricted stock units granted on June 18, 2025, are expected to vest in full on June 18, 2026.

Key Dates

DateDescription
06/18/2025Date of transaction (grant of restricted stock units).
06/20/2025Date the Form 4 was signed.
06/18/2026Vesting date for the 5,020 restricted stock units.

Keywords

AdvanSix Inc., ASIX, Todd D. Karran, Restricted Stock Units, RSU, Equity Grant, Insider Transaction, Form 4, Director Compensation, Stock Incentive Plan

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