Form 4: Ingram Micro Director Jakki L. Haussler Receives Grant of Restricted Stock Units

Director Jakki L. Haussler of Ingram Micro Holding Corp. reports the acquisition of 8,409 restricted stock units (RSUs) on October 23, 2024, subject to a lock-up agreement.

Summary

• On October 23, 2024, Jakki L. Haussler, a director of Ingram Micro Holding Corp., received a grant of 8,409 restricted stock units (RSUs).
• These RSUs vest on October 23, 2025, and each RSU represents the right to receive one share of Common Stock upon vesting.
• The shares of Common Stock are subject to a lock-up agreement effective from October 23, 2024, preventing their sale for 180 days.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The RSU grant is a standard practice and indicates confidence in the company's future, but the lock-up period introduces a minor constraint.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders, potentially incentivizing performance.

Risks

• The lock-up agreement restricts the director's ability to sell the shares for 180 days, which could be a disadvantage if the stock price declines during that period.

Future Outlook

The director will be able to convert the RSUs to common stock on the vesting date, October 23, 2025, assuming continued service.

Industry Context

Grants of restricted stock units are a common form of executive compensation, aligning management's interests with those of shareholders.

Comparison to Industry Standards

• Executive compensation packages often include a mix of salary, bonus, and equity-based awards like RSUs.
• The vesting schedule and lock-up periods are typical features designed to incentivize long-term performance and commitment.
• Companies like Apple, Microsoft, and Alphabet also use RSUs as part of their executive compensation plans.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with theirs.
• Employees may see the grant as a sign of the company's commitment to its leadership.

Next Steps

• The director will hold the RSUs until the vesting date.
• Upon vesting, the RSUs will convert to common stock, subject to the terms of the grant agreement and lock-up agreement.

Key Dates