Form 4: Artisan Partners CEO Eric Colson Awarded 35,912 Shares of Class A Common Stock

Artisan Partners Asset Management Inc. CEO Eric R. Colson received 35,912 shares of Class A common stock on March 1, 2024, under the company's 2023 Omnibus Incentive Compensation Plan.

Summary

• On March 1, 2024, Eric R. Colson, CEO of Artisan Partners Asset Management Inc., was awarded 35,912 shares of Class A common stock.
• The award was made pursuant to the Artisan Partners Asset Management Inc. 2023 Omnibus Incentive Compensation Plan.
• The shares are subject to vesting restrictions, meaning they cannot be transferred until they have vested.
• Following the transaction, Mr. Colson directly owns 254,451 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document indicates a standard executive compensation practice, which is generally viewed neutrally to positively. The vesting period suggests a long-term commitment, which is a positive signal.

Positives

• The grant of shares to the CEO aligns his interests with those of the shareholders.
• The vesting restrictions encourage long-term commitment from the CEO.

Industry Context

This type of equity compensation is common in the asset management industry to incentivize executives and align their interests with shareholders.

Comparison to Industry Standards

• Equity compensation is a standard practice in the asset management industry.
• Companies like BlackRock, T. Rowe Price, and Franklin Resources also utilize stock awards and option grants as part of their executive compensation packages.
• The specific number of shares awarded and the vesting schedule would need to be compared to industry benchmarks to determine if this grant is in line with typical practices.

Stakeholder Impact

• Shareholders may view the equity grant as a positive sign, aligning management's interests with theirs.
• Employees may see this as a sign of the company's commitment to its leadership.

Key Dates