Form 4: REV Group CFO Amy Campbell Acquires 8,205 Shares of Common Stock
SEC Form 4 Filing
REV Group's Senior VP and CFO, Amy Campbell, acquired 8,205 shares of common stock through restricted stock units.
Summary
- Amy Campbell, Senior VP and CFO of REV Group, Inc., acquired 8,205 shares of common stock on December 5, 2024.
- The acquisition was through restricted stock units, which were granted at a price of $0.00.
- Following the transaction, Ms. Campbell beneficially owns 31,737 shares of REV Group common stock.
- The restricted stock units vest in three equal installments on December 31, 2025, 2026, and 2027.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, which is generally viewed positively as it aligns management interests with shareholders. The acquisition of shares by the CFO is a positive sign of confidence in the company.
Positives
- The acquisition of shares by a key executive like the CFO can be seen as a positive sign of confidence in the company's future.
Future Outlook
The restricted stock units will vest in three equal installments over the next three years, which could incentivize continued performance from the CFO.
Industry Context
This type of stock acquisition is common for executive compensation packages and is a standard practice in publicly traded companies.
Comparison to Industry Standards
- Stock-based compensation is a common practice among publicly traded companies to align executive interests with shareholder value.
- Many companies in the industrial sector, such as Oshkosh Corporation and PACCAR Inc., use similar methods of equity compensation for their executives.
- The vesting schedule of three equal installments over three years is also a typical structure for restricted stock units.
Stakeholder Impact
- The stock acquisition could positively impact shareholder confidence due to the CFO's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 12/05/2024 | Date of the transaction where Amy Campbell acquired 8,205 shares of common stock. |
| 12/09/2024 | Date the SEC Form 4 was signed. |
| 12/31/2025 | First vesting date for the restricted stock units. |
| 12/31/2026 | Second vesting date for the restricted stock units. |
| 12/31/2027 | Third vesting date for the restricted stock units. |
Keywords
REV Group, Amy Campbell, stock acquisition, restricted stock units, insider trading, beneficial ownership, executive compensation
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