Form 4: CACI Director Debora A. Plunkett Reports Stock Unit Vesting

Director Debora A. Plunkett reports the vesting of restricted stock units in CACI International Inc.

Summary

• On April 17, 2024, Debora A. Plunkett, a director of CACI International Inc., filed a Form 4 with the SEC.
• The filing reports the vesting of 132 shares of CACI common stock on April 16, 2024, as part of a previously granted restricted stock unit (RSU) award.
• Following the transaction, Ms. Plunkett directly owns 2,278 shares of CACI common stock.
• The RSUs were granted on October 19, 2023, and vest in four equal installments.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the sentiment is neutral.

Positives

• The vesting of RSUs aligns the director's interests with those of the shareholders.
• The director continues to hold a significant number of shares in the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices for directors.

Comparison to Industry Standards

• Director compensation packages often include restricted stock units (RSUs) that vest over time, aligning their interests with long-term shareholder value.
• Companies like Booz Allen Hamilton and Leidos also utilize RSUs as part of their director compensation.
• The vesting schedule of CACI's RSUs is fairly standard, with quarterly vesting dates.

Stakeholder Impact

• The vesting of RSUs has a minor dilutive effect on existing shareholders.
• The transaction is part of the director's compensation and does not significantly impact other stakeholders.

Key Dates