Form 4: FutureFuel Corp. Director Paul Manheim Acquires 5,000 Shares in Stock Award

Sentiment:

SEC Form 4 Filing


Director Paul Manheim of FutureFuel Corp. acquired 5,000 shares of common stock as part of an annual stock award.

Summary

  • Paul Manheim, a director at FutureFuel Corp., acquired 5,000 shares of common stock on December 5, 2024.
  • These shares were granted as part of an annual stock award under the company's 2017 Omnibus Incentive Plan.
  • The shares were granted at a price of $0.
  • Following the transaction, Mr. Manheim beneficially owns 24,103 shares of FutureFuel Corp.
  • The restricted shares vest in four equal installments starting March 31, 2025, and ending on the first anniversary of the grant date.

Sentiment

Score: 7

Explanation: The document reflects a routine stock award to a director, which is generally viewed positively as it aligns interests. There are no negative implications.

Positives

  • The stock award aligns the director's interests with the company's performance.
  • The vesting schedule encourages long-term commitment from the director.

Industry Context

Stock awards are a common practice for compensating board members and aligning their interests with shareholders in the corporate world.

Comparison to Industry Standards

  • Stock awards are a standard form of compensation for directors across various industries.
  • The vesting schedule of four equal installments is a typical approach to ensure long-term commitment.
  • Many companies use similar omnibus incentive plans to grant equity to directors and employees.

Stakeholder Impact

  • The stock award aligns the director's interests with those of shareholders.
  • The vesting schedule encourages long-term commitment from the director, which can be beneficial for the company's performance.

Key Dates

DateDescription
12/05/2024Date of the stock award transaction.
12/09/2024Date of the filing of the SEC Form 4.
03/31/2025First vesting date for the restricted shares.

Keywords

stock award, director, beneficial ownership, restricted shares, FutureFuel Corp, equity, incentive plan

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.