Form 4: Director Peter Starrett Receives Boot Barn Equity Grant
Director Equity Compensation Disclosure
Boot Barn Holdings, Inc. director Peter Starrett was granted 1,028 restricted stock units as part of the company's 2020 Equity Incentive Plan.
Summary
- Director Peter Starrett acquired 1,028 restricted stock units (RSUs) on May 18, 2026.
- The grant is subject to time-based vesting on May 19, 2027.
- Following this transaction, the director holds 13,157 shares in RSUs subject to vesting, 9,599 shares indirectly via a family trust, and 10,442 shares in deferred vested RSUs.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director compensation.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified; this is a standard equity compensation disclosure.
Risks
- None identified; this is a standard equity compensation disclosure.
Future Outlook
The filing does not provide forward-looking financial guidance, as it is a disclosure of director equity compensation.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.
Comparison to Industry Standards
- The use of restricted stock units for director compensation is consistent with standard practices for publicly traded retail companies in the U.S.
Related Party Transactions
- The reporting person holds 9,599 shares indirectly through The Starrett Family Trust.
Stakeholder Impact
- Minimal impact on shareholders; reflects standard board compensation structure.
Next Steps
- Vesting of the 1,028 restricted stock units on May 19, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/11/1999 | Date of The Starrett Family Trust establishment. |
| 05/18/2026 | Date of the RSU grant transaction. |
| 05/19/2027 | Vesting date for the newly granted restricted stock units. |
Keywords
Boot Barn, BOOT, Form 4, Insider Trading, Equity Incentive Plan, Director Compensation
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