Form 4: Hillman Solutions Corp. Executive George S. Murphy JR. Reports Changes in Beneficial Ownership

George S. Murphy JR., a Divisional President at Hillman Solutions Corp., reported the acquisition and disposal of common stock and restricted stock units.

Summary

• On March 7, 2024, George S. Murphy JR., a Divisional President at Hillman Solutions Corp., filed a Form 4 to report changes in beneficial ownership.
• The reported transactions include the acquisition of 25,432 shares of common stock at $0 and the disposal of 118,719 shares.
• Murphy also holds restricted stock units (RSUs) which represent a contingent right to receive one share of common stock per RSU upon vesting, with vesting occurring on the third anniversary of the grant date, contingent upon continued employment.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, with no inherent positive or negative sentiment.

Future Outlook

The RSUs will vest on the third anniversary of the grant date, subject to the Reporting Person's continued employment with the Issuer through the vesting date.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with company performance.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company insiders as an indicator of management's confidence in the company's prospects.

Key Dates