Form 4: Distribution Solutions Group Director Lee Hillman Receives Restricted Stock Unit Grant
Insider Transaction Report
Distribution Solutions Group, Inc. Director Lee S. Hillman was granted 4,630 Restricted Stock Units (RSUs) valued at $27 per unit, aligning his interests with shareholders.
Summary
- Lee S. Hillman, a Director at Distribution Solutions Group, Inc. (DSGR), acquired 4,630 Restricted Stock Units (RSUs) on May 22, 2025.
- Each RSU was valued at $27, totaling an aggregate value of $125,010 for the grant.
- Following this transaction, Mr. Hillman beneficially owns a total of 107,261 Common Stock Restricted Stock Units.
- These newly acquired RSUs are scheduled to vest on May 22, 2026, at which point they will convert into shares of Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is mildly positive as the RSU grant aligns the director's interests with shareholders, which is generally viewed favorably. However, it's a routine compensation event and not indicative of significant operational or financial changes.
Positives
- The grant of Restricted Stock Units to a director aligns management's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
- Equity compensation is a common practice that can incentivize long-term commitment and performance from key personnel.
Future Outlook
The acquired Restricted Stock Units are set to vest on May 22, 2026, at which point they will convert into shares of Common Stock, representing a future increase in the director's direct equity ownership.
Industry Context
This RSU grant is a standard form of equity compensation for directors in publicly traded companies across various industries, aiming to align their long-term interests with shareholder value creation.
Comparison to Industry Standards
- The use of Restricted Stock Units (RSUs) as a form of director compensation is a common practice across industries, including industrial distribution and solutions groups, aligning with global benchmarks for corporate governance and executive incentives.
- While specific grant sizes vary based on company size, director responsibilities, and compensation philosophy, this grant size for a director at a company like Distribution Solutions Group (DSGR) appears to be within typical ranges for non-executive director equity compensation.
Stakeholder Impact
- Shareholders: The RSU grant aligns the director's financial interests with the company's stock performance, potentially leading to more shareholder-centric decision-making.
Next Steps
- The 4,630 Restricted Stock Units will vest on May 22, 2026, and subsequently convert into shares of Common Stock.
Key Dates
| Date | Description |
|---|---|
| 05/22/2025 | Date of transaction where 4,630 Restricted Stock Units were acquired by Lee S. Hillman. |
| 05/27/2025 | Date the Form 4 filing was signed by Richard D. Pufpaf, Attorney-in-Fact for Lee S. Hillman. |
| 05/22/2026 | Date when the 4,630 Restricted Stock Units are scheduled to vest and convert to shares of Common Stock. |
Keywords
Distribution Solutions Group, DSGR, Restricted Stock Units, RSU, Insider Transaction, SEC Form 4, Equity Compensation, Director Compensation, Stock Grant
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