Form 4: Booz Allen Hamilton EVP Matthew Calderone Reports Acquisition of Restricted Stock Units

Matthew Calderone, EVP & Chief Financial Officer of Booz Allen Hamilton Holding Corp, reports the acquisition of 14,310 restricted stock units.

Summary

• On May 23, 2024, Matthew Calderone, the EVP & Chief Financial Officer of Booz Allen Hamilton Holding Corp, acquired 14,310 shares of Class A Common Stock.
• These shares were granted as restricted stock units under the Issuer's 2023 Equity Incentive Plan and are exempt under Rule 16b-3.
• Each restricted stock unit represents a contingent right to receive one share of Booz Allen Hamilton's Class A common stock upon vesting.
• One-third of the restricted stock units are scheduled to vest on March 31, 2025, 2026, and 2027, contingent upon Calderone's continued employment.
• Following the reported transaction, Calderone beneficially owns 37,748 shares, including restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. The sentiment is neutral to positive as it suggests confidence in the executive's continued contribution.

Positives

• The grant of restricted stock units aligns executive compensation with the company's long-term performance.
• 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 vesting of the restricted stock units is contingent upon the executive's continued employment.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule of the restricted stock units suggests an expectation of continued employment and contribution from the executive.

Industry Context

Equity compensation is a common practice in the consulting industry to attract and retain top talent. Restricted stock units are often used to align executive interests with shareholder value and long-term company performance.

Comparison to Industry Standards

• Companies like Accenture, Deloitte, and McKinsey also utilize equity-based compensation for their executives.
• The vesting schedules and terms of these grants are typically aligned with industry best practices to ensure retention and performance incentives.
• The specific details of equity compensation plans vary depending on the company's size, performance, and strategic goals.

Stakeholder Impact

• Shareholders may view the equity grant positively as it aligns executive interests with long-term company performance.
• Employees may see this as a positive sign of the company's commitment to its leadership team.
• The grant has no immediate impact on customers, suppliers, or creditors.

Key Dates