Form 4: Fox Factory Holding Corp Director Jean Hlay Reports Stock Grant

Director Jean Hlay reports receiving a grant of restricted stock units from Fox Factory Holding Corp.

Summary

• On May 9, 2025, Jean Hlay, a director of Fox Factory Holding Corp, acquired 6,729 shares of common stock.
• These shares were received as a grant of restricted stock units under the Issuer's Non-Employee Director Compensation Policy.
• The restricted stock units vest the day before the Issuer's 2026 annual meeting.
• Following the transaction, Hlay directly owns 18,076 shares of Fox Factory Holding Corp.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard compensation practice that aligns director interests with the company's long-term performance.

Positives

• The grant of restricted stock units to a director aligns their interests with the long-term performance of the company.

Future Outlook

The vesting of the restricted stock units is tied to the 2026 annual meeting, suggesting a continued involvement and alignment of interests of the director with the company's performance until at least that time.

Industry Context

Stock grants to directors are a common practice in publicly traded companies to incentivize and align their interests with shareholders.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity.
• Equity grants, such as restricted stock units, are designed to incentivize long-term value creation.
• The size and vesting schedule of these grants vary depending on the company's size, industry, and performance.

Stakeholder Impact

• Shareholders may view the stock grant positively as it aligns the director's interests with the company's success.

Key Dates

Keywords

Form 4, Director, Stock Grant, Restricted Stock Units, FOXF, Fox Factory Holding Corp, Beneficial Ownership, Jean Hlay