Form 4: Booz Allen Hamilton EVP Kristine Anderson Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
EVP and Chief Operating Officer of Booz Allen Hamilton, Kristine Anderson, reports the acquisition of restricted stock units under the company's 2023 Equity Incentive Plan.
Summary
- Kristine Anderson, EVP & Chief Operating Officer of Booz Allen Hamilton Holding Corp, reported a transaction on May 23, 2024.
- Anderson acquired 15,097 shares of Class A Common Stock through the grant of restricted stock units under the Issuer's 2023 Equity Incentive Plan.
- These restricted stock units represent a contingent right to receive one share of the Issuer's Class A common stock upon vesting.
- One-third of the restricted stock units are scheduled to vest on each of March 31, 2025, 2026 and 2027, subject to continued employment.
- Following the reported transaction, Anderson beneficially owns 87,858 shares, including restricted stock units.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns executive interests with company performance.
Positives
- The grant of restricted stock units aligns the executive's interests with the long-term performance of the company.
- The vesting schedule encourages continued employment and commitment from the executive.
Risks
- The value of the restricted stock units is subject to the market price of Booz Allen Hamilton's Class A common stock.
- The executive must remain employed with the company to fully vest in the restricted stock units.
Future Outlook
The executive's compensation is tied to the company's stock performance over the vesting period.
Industry Context
Granting restricted stock units is a common practice in the industry to incentivize and retain key executives.
Stakeholder Impact
- Shareholders may view the grant of restricted stock units positively as it incentivizes the executive to improve company performance.
- Employees may see this as a positive sign of investment in leadership.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: Grant of restricted stock units. |
| 03/31/2025 | First vesting date for one-third of the restricted stock units. |
| 03/31/2026 | Second vesting date for one-third of the restricted stock units. |
| 03/31/2027 | Final vesting date for one-third of the restricted stock units. |
| 05/28/2024 | Date of report filing. |
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