Form 4: Alan T. Wix Receives Stock Grants from Hackett Group, Inc.

Director Alan T. Wix received grants of restricted stock units (RSUs) from Hackett Group, Inc. on February 14, 2025, which vest over time and will be settled in shares of common stock.

Summary

• On February 14, 2025, Alan T. Wix, a director of Hackett Group, Inc., received two grants of restricted stock units (RSUs) as part of the company's Outside Director Compensation Program.
• The first grant was for 1,147 RSUs, vesting in three equal installments beginning February 14, 2026.
• The second grant was for 2,294 RSUs, vesting in full on February 14, 2026.
• Upon vesting, each RSU will be converted into one share of Hackett Group, Inc. common stock.
• Following these transactions, Wix beneficially owns 10,783 shares including 1,147 unvested RSUs from the first grant and 13,077 shares including 3,441 unvested RSUs from the second grant.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The document describes a standard compensation practice (RSU grants) for a company director, which is generally viewed as a positive aspect of corporate governance as it aligns the interests of management with shareholders.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing long-term value creation.
• The vesting schedule encourages continued service and commitment from the director.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's financial performance or future prospects, focusing instead on the details of the stock grants to the director.

Industry Context

Granting stock options and restricted stock units to directors is a common practice in corporate governance to align their interests with those of shareholders and incentivize long-term value creation. The specifics of the vesting schedule and grant size would be benchmarked against industry peers to ensure competitiveness and effectiveness.

Stakeholder Impact

• Shareholders may view the RSU grants as a positive sign, aligning the director's interests with the company's long-term success.
• Employees are not directly impacted by this filing.

Key Dates

Keywords

RSU, Hackett Group, Director Compensation, Beneficial Ownership, Form 4, Alan T. Wix, Stock Grant