Form 4: REV Group Director Charles Dutil Acquires 3,611 Shares of Common Stock

Director Charles Dutil of REV Group, Inc. acquired 3,611 shares of common stock on December 5, 2024, as part of a restricted stock unit grant.

Summary

• Charles Dutil, a director at REV Group, Inc., acquired 3,611 shares of common stock on December 5, 2024.
• The acquisition was part of a grant of restricted stock units.
• These restricted stock units will vest 100% on December 31, 2025.
• Following the transaction, Mr. Dutil beneficially owns 45,239 shares of REV Group common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine insider transaction, which is generally neutral to positive. The acquisition of shares by a director can be seen as a sign of confidence.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It reflects the compensation structure for directors and executives.

Comparison to Industry Standards

• Stock grants to directors are a common practice across publicly listed companies as part of their compensation packages.
• The vesting period of the restricted stock units is typical for such grants, often ranging from one to three years.
• Companies like Oshkosh Corporation (OSK) and Navistar International Corporation (NAV) also use similar equity-based compensation for their directors and executives.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates director confidence in the company.

Key Dates

Keywords

REV Group, Director, Charles Dutil, Stock Acquisition, Restricted Stock Units, Beneficial Ownership, Insider Trading