Form 4: Booz Allen Hamilton CEO Horacio Rozanski Reports Acquisition of Restricted Stock Units

Booz Allen Hamilton's CEO, Horacio Rozanski, reported the acquisition of 25,467 restricted stock units under the company's 2023 Equity Incentive Plan.

Summary

• Horacio Rozanski, President and CEO of Booz Allen Hamilton Holding Corp, filed a Form 4 to report changes in beneficial ownership.
• On May 23, 2024, Rozanski acquired 25,467 shares of Class A Common Stock in the form of restricted stock units.
• These restricted stock units were granted under the Issuer's 2023 Equity Incentive Plan and are exempt under Rule 16b-3.
• One-third of the restricted stock units are scheduled to vest on each of March 31, 2025, 2026, and 2027, contingent upon Rozanski's continued employment.
• Following the reported transaction, Rozanski beneficially owns 604,492 shares, including restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive signal.

Positives

• The grant of restricted stock units aligns the CEO's interests with the long-term performance of the company.
• The vesting schedule encourages continued employment and commitment from the CEO.

Future Outlook

The restricted stock units are subject to continued employment, suggesting an expectation of Rozanski's continued leadership.

Industry Context

Equity grants are a common practice in the industry to incentivize and retain key executives.

Comparison to Industry Standards

• Companies like Leidos, CACI International, and Science Applications International Corporation (SAIC) also utilize equity-based compensation for their executives.
• The vesting schedules and grant sizes are generally comparable to industry norms for companies of similar size and scope in the government contracting sector.

Stakeholder Impact

• Shareholders may view the equity grant as a positive sign of management's commitment.
• Employees may see the grant as an indication of the company's confidence in its leadership.

Next Steps

• Continued monitoring of Rozanski's beneficial ownership and any future transactions.
• Tracking the vesting of the restricted stock units on the specified dates.

Key Dates