Form 4: ASGN CEO Theodore Hanson Reports RSU Award

ASGN Inc. CEO Theodore S. Hanson reported the acquisition of 68,581 restricted stock units and the disposition of 9,744 shares for tax withholding purposes.

Summary

• ASGN Inc. CEO Theodore S. Hanson was awarded 68,581 restricted stock units (RSUs) on January 2, 2026.
• These RSUs will vest in three equal installments on January 2, 2027, January 2, 2028, and January 2, 2029, contingent on his continued service to the company.
• Concurrently, 9,744 shares of common stock were disposed of at a price of $46.66 per share to satisfy tax withholding obligations related to the vesting of RSUs.
• Following these transactions, Mr. Hanson directly beneficially owns 118,337 shares of common stock and indirectly owns 306,224 shares through a trust.

Sentiment

Score: 6

Explanation: The filing reports a standard executive compensation event. The award of RSUs is positive for the executive and aligns interests, while the tax withholding is a routine part of such awards. No significant positive or negative operational news.

Positives

• The CEO, Theodore S. Hanson, received a significant award of 68,581 restricted stock units, aligning his interests with long-term shareholder value.

Negatives

• 9,744 shares of common stock were disposed of to cover tax withholding obligations, reducing the immediate direct beneficial ownership.

Risks

• The vesting of the awarded restricted stock units is subject to the executive officer's continued service to the issuer, posing a risk of forfeiture if service is terminated.

Future Outlook

The vesting schedule for the restricted stock units extends through January 2029, indicating an expectation of continued service from the CEO, Theodore S. Hanson, for the foreseeable future.

Management Comments

• The executive officer received an award of restricted stock units which vests in three equal installments on January 2 of 2027, 2028 and 2029, subject to the executive officer's continued service to the issuer.
• The executive officer elected to satisfy tax withholding obligations upon vesting of RSUs by having the issuer withhold a number of vested shares equal to that of the executive officer's tax liability.

Industry Context

This Form 4 filing represents a routine disclosure of executive compensation in the form of restricted stock units, a common practice across publicly traded companies to incentivize long-term performance and retention of key management personnel.

Stakeholder Impact

• Shareholders: The RSU award aligns the CEO's long-term interests with shareholder value, potentially fostering sustained performance.
• Employees: No direct impact on general employees, but reflects the company's executive compensation strategy.

Next Steps

• First RSU vesting installment on January 2, 2027.
• Second RSU vesting installment on January 2, 2028.
• Third RSU vesting installment on January 2, 2029.

Key Dates

Keywords

ASGN Inc., ASGN, Theodore S. Hanson, Form 4, Restricted Stock Units, RSU, Insider Transaction, Executive Compensation, Stock Award, Tax Withholding