Form 4: Hackett Group Director Rivero Receives Stock Grants

Director Robert A. Rivero of Hackett Group, Inc. reports acquisition of common stock through restricted stock unit (RSU) grants.

Summary

• Robert A. Rivero, a director at Hackett Group, Inc., reported the acquisition of common stock through grants of restricted stock units (RSUs).
• On February 14, 2025, Rivero received 1,147 RSUs that vest in three equal installments beginning February 14, 2026.
• Rivero also received 2,294 RSUs that vest in full on February 14, 2026.
• Upon vesting, each RSU converts into one share of common stock.
• Following these transactions, Rivero 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. The grant of RSUs is a standard practice and aligns the director's interests with shareholders. There are no explicit negative indicators.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's long-term success.

Future Outlook

The RSUs will vest in the future, converting into shares of common stock, contingent on the terms of the grants.

Industry Context

Grants of stock and options are common forms of compensation for directors and executives in publicly traded companies, aligning their interests with shareholders.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity, with the equity component designed to incentivize long-term value creation.
• The size and vesting schedule of the RSU grants are likely determined based on industry benchmarks for director compensation at companies of similar size and performance to Hackett Group.
• Comparing Hackett Group's director compensation practices to those of its peers, such as Accenture or McKinsey, would provide further context.

Stakeholder Impact

• The RSU grants align the director's interests with shareholders, potentially leading to decisions that benefit shareholders in the long term.

Key Dates

Keywords

RSU, Director, Hackett Group, Stock Grant, Beneficial Ownership, Form 4