Form 4: Hackett Group Director John R. Harris Acquires Shares Through Restricted Stock Units
SEC Form 4 Filing
Director John R. Harris reports acquisition of Hackett Group shares through grants of restricted stock units (RSUs) that vest over time.
Summary
- On February 14, 2025, John R. Harris, a director of Hackett Group, Inc., acquired shares of common stock through the grant of restricted stock units (RSUs).
- Harris received 1,147 RSUs that vest in three equal installments beginning February 14, 2026.
- He also received 2,294 RSUs that vest in full on February 14, 2026.
- The RSUs were granted in connection with the company's Outside Director Compensation Program.
- Upon vesting, each RSU converts into one share of common stock.
- Following these transactions, Harris beneficially owns 4,224 shares including 1,147 unvested RSUs from the first grant and 6,518 shares including 3,441 unvested RSUs from the second grant.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and aligns director interests with shareholders through equity ownership.
Positives
- The RSU grants align the director's interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the director.
Future Outlook
The director will receive shares of common stock as the RSUs vest according to the specified schedule.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The RSU grants align the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of RSU grants |
| 02/14/2026 | Start date for vesting of the first RSU grant and full vesting of the second RSU grant |
| 02/19/2025 | Date of Form 4 filing |
Keywords
RSU, Hackett Group, Director Compensation, Beneficial Ownership, Form 4, Stock Grant, Vesting
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