Form 4: AdvanSix Inc. Director Patrick Williams Acquires Shares
Insider Transaction
AdvanSix Inc. reports that Director Patrick Williams acquired 6,207 shares of common stock through a restricted stock unit grant.
Summary
- Director Patrick Williams was granted 6,207 restricted stock units (RSUs) on June 22, 2026.
- These RSUs are part of the 2016 Stock Incentive Plan and will vest in full on June 22, 2027.
- Following this transaction, Mr. Williams beneficially owns 42,774 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine stock grant to a director rather than a significant financial event.
Positives
- Director Patrick Williams has increased his beneficial ownership of AdvanSix Inc. stock.
- The grant of RSUs indicates a continued incentive for management and directors to align with shareholder interests.
Future Outlook
The filing does not contain forward-looking statements or guidance. The vesting of RSUs on June 22, 2027, represents a future event related to compensation.
Industry Context
StockSavvy.ai notes that grants of restricted stock units to directors are a common practice in the chemical industry to incentivize long-term performance and retention.
Stakeholder Impact
- Shareholders: The grant of RSUs aligns director interests with long-term shareholder value, potentially positively impacting their perception of governance.
Next Steps
- Vesting of 6,207 restricted stock units on June 22, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/22/2026 | Date of earliest transaction and grant of restricted stock units. |
| 06/22/2027 | Vesting date for the granted restricted stock units. |
Keywords
AdvanSix Inc., Patrick Williams, Form 4, SEC Filing, Restricted Stock Units, Stock Incentive Plan, Director, Beneficial Ownership
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