Form 4: FTI Consulting VP Matthew Pachman Reports Acquisition of Restricted Stock Units

Matthew Pachman, VP, Chief Risk/Ethics Officer at FTI Consulting, reports acquiring 121 restricted stock units on March 6, 2024.

Summary

• Matthew Pachman, VP, Chief Risk/Ethics Officer at FTI Consulting, filed a Form 4 on March 7, 2024.
• The report details a transaction on March 6, 2024, where Pachman acquired 121 restricted stock units.
• These restricted stock units were acquired at a price of $0.
• Following the transaction, Pachman beneficially owns 1,607 restricted stock units.
• The restricted stock units will vest in two tranches: 50% on the first anniversary of the grant date and 50% on the second anniversary.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of restricted stock units, which is a common form of executive compensation. It doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of restricted stock units suggests confidence in the company's future performance.

Future Outlook

The vesting schedule of the restricted stock units (50% on the first anniversary and 50% on the second anniversary of the grant date) suggests a long-term incentive for the reporting person.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates compensation in the form of restricted stock units, a common practice in publicly traded companies.

Stakeholder Impact

• The acquisition of restricted stock units by a company executive can signal confidence in the company's future, potentially positively influencing shareholder sentiment.

Key Dates