Form 4: Artisan Partners Executive Vice President Kwei Receives Stock Award

Eileen Lee Kwei, Executive Vice President of Artisan Partners Asset Management Inc., was awarded 14,844 shares of Class A common stock on March 1, 2024, under the company's 2023 Omnibus Incentive Compensation Plan.

Summary

• On March 1, 2024, Eileen Lee Kwei, an Executive Vice President at Artisan Partners Asset Management Inc., received 14,844 shares of Class A common stock.
• The award was granted under the company's 2023 Omnibus Incentive Compensation Plan.
• The awarded shares are subject to vesting restrictions, meaning they cannot be transferred until they have vested.
• Following the transaction, Ms. Kwei directly owns 55,735 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard executive compensation practice, indicating confidence in the executive and aligning her interests with the company's success.

Positives

• The stock award to a key executive aligns her interests with the company's performance and shareholder value.
• The vesting restrictions encourage long-term commitment from the executive.

Future Outlook

The document does not contain specific forward-looking statements, but the stock award suggests a continued investment in key personnel.

Industry Context

Stock awards are a common practice in the asset management industry to incentivize and retain key executives. The size and terms of the award are likely benchmarked against peer companies to ensure competitiveness.

Comparison to Industry Standards

• Stock awards are a common component of executive compensation packages in the asset management industry.
• Companies like BlackRock, T. Rowe Price, and Franklin Resources also utilize stock awards as part of their compensation strategy.
• The specific amount and vesting schedule of the award would typically be determined based on factors such as the executive's performance, company performance, and industry benchmarks.

Stakeholder Impact

• The stock award aligns the executive's interests with those of shareholders, potentially leading to decisions that benefit the company's long-term performance.
• The award serves as an incentive for the executive to remain with the company and contribute to its success.

Key Dates