Form 4: REV Group Executive Receives Equity Awards

Stephen Zamansky, SVP, General Counsel & Secretary of REV Group, Inc., reported the acquisition of restricted stock awards and related tax withholdings.

Summary

• Stephen Zamansky, SVP, General Counsel & Secretary of REV Group, Inc. (REVG), reported transactions on December 3, 2025.
• Acquired 4,782 shares of restricted common stock, which will vest in three equal installments on December 31, 2026, 2027, and 2028.
• Acquired an additional 11,892 shares of restricted common stock, granted in lieu of restricted stock units, also vesting in three equal installments on December 31, 2026, 2027, and 2028.
• Disposed of 2,085 shares and 5,185 shares of common stock, respectively, for tax withholding purposes related to the restricted stock awards.
• Following these transactions, Zamansky beneficially owns 72,408 shares of REV Group, Inc. common stock.

Sentiment

Score: 7

Explanation: The filing reflects routine executive compensation, which is generally positive for aligning management incentives with shareholder interests, but does not contain significant new operational or financial news.

Positives

• The grant of restricted stock awards to a key executive aligns management's interests with shareholders for long-term value creation.
• The awards are part of the company's 2016 Omnibus Incentive Plan, indicating a structured and established approach to executive compensation.

Future Outlook

The restricted stock awards are structured to vest over three years, indicating a long-term incentive for the executive, aligning with future performance and retention goals.

Management Comments

• No direct management comments or quotes are provided in this Form 4 filing, which is a transactional report.

Industry Context

Executive equity compensation, particularly through restricted stock, is a standard practice across various industries to incentivize long-term performance and retain key talent. This filing reflects a routine aspect of corporate compensation strategy within the manufacturing or specialty vehicle industry where REV Group operates.

Comparison to Industry Standards

• The grant of restricted stock awards with a multi-year vesting schedule is a common and widely accepted practice in executive compensation across public companies.
• This approach is consistent with industry standards for aligning executive incentives with shareholder value creation over the long term.
• Specific comparable companies or projects are not detailed in this filing, but similar compensation structures are observed in peers within the industrial manufacturing sector.

Stakeholder Impact

• Shareholders: The grant of restricted stock aligns the interests of a key executive with long-term shareholder value.
• Employees: Reflects the company's compensation strategy for senior management.

Next Steps

• First installment of restricted stock awards will vest on December 31, 2026.
• Second installment of restricted stock awards will vest on December 31, 2027.
• Third installment of restricted stock awards will vest on December 31, 2028.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation in the form of restricted stock awards and related tax withholdings. While the awards align executive interests with long-term shareholder value, the filing itself does not contain new operational, financial, or strategic information that would warrant a change in investment recommendation. It is a standard disclosure of an expected event.

Keywords

REV Group, REVG, Form 4, Insider Trading, Restricted Stock, Executive Compensation, Equity Award, Stephen Zamansky