Form 4: Shimmick COO Sarah Tacker Receives RSU Grant
Statement of Changes in Beneficial Ownership
Shimmick Corp Chief Operating Officer Sarah Tacker was granted 115,248 restricted stock units as part of an equity compensation package.
Summary
- Chief Operating Officer Sarah Tacker received a grant of 115,248 restricted stock units (RSUs) on April 29, 2026.
- The grant is split into two tranches: 26,596 units vesting in full on May 29, 2026, and 88,652 units vesting in three equal annual installments starting April 29, 2027.
- The RSUs convert to common stock on a one-for-one basis and are subject to continued employment requirements.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation with no material impact on the company's operational outlook.
Positives
- Equity-based compensation aligns the interests of the Chief Operating Officer with those of shareholders.
- The multi-year vesting schedule for the larger portion of the grant encourages long-term retention of key executive talent.
Negatives
- The issuance of new RSUs results in potential future dilution for existing shareholders upon vesting and settlement.
Risks
- Vesting is contingent upon the continued service of the reporting person, creating a dependency on executive retention.
- Market volatility could impact the ultimate value realized by the executive, though the grant price is currently zero.
Future Outlook
The filing does not provide forward-looking financial guidance, focusing solely on executive equity compensation.
Industry Context
StockSavvy.ai notes that equity grants for C-suite executives are standard practice in the construction and engineering sector to ensure leadership stability and performance alignment.
Comparison to Industry Standards
- The use of time-based vesting for RSUs is consistent with standard corporate governance practices for publicly traded companies.
- The grant size is commensurate with typical executive compensation packages for a COO role in mid-cap industrial firms.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Sarah Tacker appointed John Carpenter as attorney-in-fact for SEC filing purposes. | 04/29/2026 | Administrative change to streamline regulatory compliance. |
Stakeholder Impact
- Shareholders may experience minor dilution upon the settlement of these RSUs into common stock.
Next Steps
- Vesting of 26,596 RSUs on May 29, 2026.
- Commencement of annual vesting for the remaining 88,652 RSUs on April 29, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/29/2026 | Date of RSU grant and execution of Power of Attorney. |
| 05/29/2026 | Vesting date for the first tranche of 26,596 RSUs. |
| 04/29/2027 | First vesting date for the second tranche of 88,652 RSUs. |
Keywords
Shimmick Corp, SHIM, Form 4, Executive Compensation, Restricted Stock Units, Insider Transaction
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