Form 4: NV5 Global Executive Alexander Hockman Receives Significant Restricted Stock Award

Alexander A. Hockman, CEO Infrastructure of NV5 Global, Inc., was granted 22,472 shares of common stock as a restricted stock award, vesting over three years from June 2, 2025.

Summary

• Alexander A. Hockman, the CEO Infrastructure of NV5 Global, Inc. (NVEE), reported the acquisition of 22,472 shares of common stock.
• The transaction occurred on June 2, 2025, and was a restricted stock award, meaning the shares are forfeitable until vested.
• The shares were granted at a price of $0, indicating they are part of an equity compensation plan.
• Vesting for these shares will occur three years from the grant date of June 2, 2025.
• This award was made in connection with the NV5 Global Inc. 2023 Equity Incentive Plan.
• Following this transaction, Mr. Hockman beneficially owns 365,084 shares of common stock directly.

Sentiment

Score: 7

Explanation: The sentiment is positive as it indicates a standard executive compensation practice aimed at retaining key talent and aligning interests, which is generally viewed favorably by investors.

Positives

• The grant of restricted stock to a key executive like Alexander A. Hockman serves as a strong incentive for long-term retention and alignment of management interests with shareholder value.
• The award is part of the company's 2023 Equity Incentive Plan, indicating a structured approach to executive compensation and performance incentives.

Future Outlook

The restricted stock award is designed to vest three years from the grant date of June 2, 2025, aligning the executive's future compensation with the company's long-term performance.

Industry Context

The granting of restricted stock awards to key executives is a common practice across various industries, including the professional and technical services sector where NV5 Global operates, as a means of attracting, retaining, and incentivizing top talent.

Corporate Governance

Related Party Transactions

• The transaction involves an equity award to a key executive (Alexander A. Hockman, CEO Infrastructure), which is a common form of compensation and an insider transaction.

Stakeholder Impact

• Shareholders: The grant of restricted stock aligns the interests of a key executive with long-term shareholder value creation, though it represents a minor potential for future dilution upon vesting.
• Employees (Executive): Alexander A. Hockman receives a significant equity award, enhancing his compensation and providing a strong incentive for continued performance and retention.

Next Steps

• The restricted stock award will vest three years from the grant date of June 2, 2025, at which point the shares will no longer be forfeitable.

Key Dates

Keywords

NV5 Global, NVEE, Alexander A. Hockman, Restricted Stock Award, Executive Compensation, Insider Transaction, Form 4, Equity Incentive Plan, CEO Infrastructure