Form 4: Ingram Micro Holding Corp Director Wienbar Receives Stock Grant

Sentiment:

SEC Form 4 Filing


Director Sharon L. Wienbar received 8,409 restricted stock units in Ingram Micro Holding Corp, subject to a 180-day lock-up agreement.

Summary

  • Sharon L. Wienbar, a director of Ingram Micro Holding Corp, filed a Form 4 on October 25, 2024, reporting a transaction.
  • On October 23, 2024, Wienbar 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 are subject to a 180-day lock-up agreement effective from October 23, 2024, preventing their sale during this period.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard stock grant to a director, which is a common practice. The lock-up period is a standard condition.

Positives

  • The grant of RSUs to a director aligns their interests with those of the shareholders.
  • The vesting period of one year suggests a longer-term commitment from the director.

Future Outlook

The director's holdings will increase upon vesting of the RSUs, aligning their interests with the company's performance.

Industry Context

Stock grants are a common form of executive compensation in the technology industry, aligning management's interests with shareholder value.

Stakeholder Impact

  • The stock grant aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
10/23/2024Date of earliest transaction, grant of 8,409 restricted stock units and effective date of lock-up agreement.
10/23/2025Vesting date of the 8,409 restricted stock units.
10/25/2024Date Form 4 was filed.

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