Form 4: Booz Allen Hamilton Executive Judith Dotson Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Executive Vice President Judith Dotson of Booz Allen Hamilton reports the acquisition of restricted stock units under the company's 2023 Equity Incentive Plan.
Summary
- Judith Dotson, an Executive Vice President at Booz Allen Hamilton, filed a Form 4 to report changes in beneficial ownership.
- On May 23, 2024, Dotson acquired 3,939 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.
- 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 of 2025, 2026, and 2027, contingent upon Dotson's continued employment.
- Following the reported transaction, Dotson beneficially owns 75,087 shares, including restricted stock units.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The acquisition of restricted stock units by an executive is generally seen as a positive sign, aligning their interests with the company's performance. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's outlook.
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.
Future Outlook
The vesting of the restricted stock units is contingent upon the Reporting Person's continued employment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their alignment with shareholder interests.
Stakeholder Impact
- The acquisition of restricted stock units by an executive can have a positive impact on shareholders by aligning management's interests with the company's long-term success.
- Employees may view this as a positive sign of the company's commitment to its executives.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: Acquisition of restricted stock units. |
| 05/28/2024 | Date of signature on the Form 4 filing. |
| 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. |
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