Form 4: Rocky Brands SVP Acquires Restricted Stock Units
SEC Form 4 Filing
Byron Wortham, SVP at Rocky Brands, acquired 813 restricted stock units on March 17, 2025, convertible to common stock.
Summary
- Byron Wortham, a Senior Vice President at Rocky Brands, acquired 813 restricted stock units on March 17, 2025.
- These restricted stock units represent a contingent right to receive one share of Rocky Brands' common stock each.
- The restricted stock units vest on March 17, 2027.
- Following the transaction, Wortham directly owns 813 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider transactions, common for publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of earliest transaction: Byron Wortham acquired 813 restricted stock units. |
| 03/17/2027 | Restricted stock units become exercisable and expire. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
Keywords
Rocky Brands, Restricted Stock Units, Form 4, Beneficial Ownership, Insider Transaction, RCKY, Wortham, Equity Securities
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