Form 4: CACI International Director Debora A. Plunkett Reports Acquisition of Restricted Stock Units
SEC Filing
Director Debora A. Plunkett reports the acquisition of 331 Restricted Stock Units (RSUs) in CACI International Inc.
Summary
- On October 21, 2024, Debora A. Plunkett, a director of CACI International Inc., filed a Form 4 with the SEC.
- The form reports a transaction that occurred on October 17, 2024, where Ms. Plunkett was granted 331 Restricted Stock Units (RSUs).
- These RSUs will vest in four tranches: 82 shares on January 15, 2025, 83 shares on April 15, 2025, 83 shares on July 14, 2025, and 83 shares on October 12, 2025.
- Following this transaction, Ms. Plunkett directly owns 331 derivative securities in the form of RSUs.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The granting of RSUs is a standard practice and indicates confidence in the company's future performance. There are no immediate negative implications.
Positives
- The grant of RSUs to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's long-term success.
Future Outlook
The vesting schedule of the RSUs extends into late 2025, suggesting a continued alignment of the director's interests with the company's performance over that period.
Industry Context
Grants of restricted stock units are a common form of executive compensation in publicly traded companies, particularly in the technology and government contracting sectors where CACI operates. This practice is used to attract and retain talent, and to align management's interests with those of shareholders.
Comparison to Industry Standards
- Comparing RSU grants across the industry requires detailed compensation data, which is not available in this filing.
- However, companies like Leidos, Booz Allen Hamilton, and General Dynamics also utilize equity-based compensation as part of their executive pay packages.
- The size and vesting schedule of RSU grants are typically benchmarked against peer companies to ensure competitiveness.
Stakeholder Impact
- Shareholders may view the RSU grant positively as it aligns the director's interests with the company's long-term success.
- Employees may see this as a positive sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 10/17/2024 | Date of transaction: Ms. Plunkett was granted 331 Restricted Stock Units (RSUs). |
| 01/15/2025 | Vesting date for 82 shares of the granted RSUs. |
| 04/15/2025 | Vesting date for 83 shares of the granted RSUs. |
| 07/14/2025 | Vesting date for 83 shares of the granted RSUs. |
| 10/12/2025 | Vesting date for 83 shares of the granted RSUs. |
| 10/21/2024 | Date of Form 4 filing. |
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