Form 4: NV5 Global Executive Receives Stock Award

MaryJo O'Brien, Ex VP, Chief Admin & Secretary of NV5 Global, Inc., reports the acquisition of 3,000 shares of common stock as a restricted stock award.

Summary

• MaryJo O'Brien, Ex VP, Chief Admin & Secretary of NV5 Global, Inc., filed a Form 4 on April 3, 2024.
• The report details a transaction on April 1, 2024, where Ms. O'Brien acquired 3,000 shares of NV5 Global common stock.
• These shares were granted as a restricted stock award under the NV5 Global Inc. 2023 Equity Incentive Plan.
• The restricted stock vests three years from the grant date of April 1, 2024.
• Following the transaction, Ms. O'Brien beneficially owns 65,705 shares of NV5 Global common stock directly.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed neutrally to positively as it aligns management and shareholder interests.

Positives

• The grant of restricted stock aligns Ms. O'Brien's interests with those of the shareholders, incentivizing her to contribute to the company's long-term success.

Future Outlook

The restricted stock award vests three years from the grant date of April 1, 2024.

Industry Context

Stock awards are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.

Stakeholder Impact

• Shareholders may view the stock award positively as it incentivizes the executive to improve company performance.

Key Dates