Form 4: CACI International Director Scott Morrison Reports Stock Unit Vesting

Sentiment:

SEC Form 4 Filing


Director Scott Morrison of CACI International Inc. reported the vesting of 82 restricted stock units on January 15, 2025.

Summary

  • Scott Morrison, a director at CACI International Inc., filed a Form 4 indicating a change in beneficial ownership.
  • The filing reports the vesting of 82 restricted stock units (RSUs) on January 15, 2025.
  • These RSUs are part of a larger grant of 331 RSUs awarded on October 17, 2024.
  • The remaining RSUs will vest in three tranches: 83 shares on April 15, 2025, 83 shares on July 14, 2025, and 83 shares on October 12, 2025.

Sentiment

Score: 7

Explanation: The document is a routine filing related to executive compensation, which is generally neutral. The vesting of stock units is a positive for the executive but not a significant event for the company as a whole.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

  • The vesting of restricted stock units is a standard practice for executive compensation in publicly traded companies.
  • Many companies use similar vesting schedules to align executive interests with long-term company performance.
  • Companies like Leidos, Booz Allen Hamilton, and General Dynamics also use RSUs as part of their compensation packages.

Stakeholder Impact

  • The vesting of RSUs has a minor positive impact on the director's personal holdings.
  • The impact on other stakeholders is negligible.

Key Dates

DateDescription
10/17/2024Date Mr. Morrison was granted 331 Restricted Stock Units (RSUs).
01/15/2025Date 82 Restricted Stock Units vested.
04/15/2025Date 83 Restricted Stock Units will vest.
07/14/2025Date 83 Restricted Stock Units will vest.
10/12/2025Date 83 Restricted Stock Units will vest.
01/17/2025Date of the Form 4 filing.

Keywords

CACI International, Form 4, Restricted Stock Units, RSU, Stock Vesting, Director, Scott Morrison, Beneficial Ownership

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