Form 4: NV5 Global Director Brian C. Freckmann Reports Acquisition of 1,500 Common Stock Units

Director Brian C. Freckmann reports acquiring 1,500 common stock units of NV5 Global, Inc. through restricted stock units.

Summary

• On October 8, 2024, Brian C. Freckmann, a director of NV5 Global, Inc., acquired 1,500 shares of common stock.
• The acquisition was in the form of restricted stock units.
• These restricted stock units vest in full as of the day immediately preceding the Issuer's next annual stockholder meeting.
• Vested shares will be delivered to the Reporting Person on the earlier of (i) Reporting Person's separation from service, (ii) immediately prior to consummation of a Change of Control or (iii) October 8, 2027.
• The restricted stock units were issued in connection with the NV5 Director Compensation Plan dated January 12, 2021.
• Following the transaction, Freckmann directly owns 7,784 shares of NV5 Global, Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a company director, which is neither overtly positive nor negative.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

The restricted stock units vest in full as of the day immediately preceding the Issuer's next annual stockholder meeting, with vested shares delivered upon separation from service, a change of control, or on October 8, 2027.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates