Form 4: Director Amer Akhtar Receives Thryv Holdings RSU Grant

Thryv Holdings, Inc. director Amer Akhtar was granted 38,258 restricted stock units as part of the company's 2020 Incentive Award Plan.

Summary

• Director Amer Akhtar acquired 38,258 restricted stock units (RSUs) on June 11, 2026.
• The grant was issued under the Thryv Holdings, Inc. 2020 Incentive Award Plan.
• Following this transaction, the director's total beneficial ownership of common shares is 69,828.
• RSUs vest on the anniversary of the grant, contingent upon continued service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation, which is neutral in terms of immediate market impact.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• The issuance of RSUs results in potential future dilution for existing shareholders.

Risks

• Vesting is subject to the director remaining in service, creating a dependency on continued board tenure.

Future Outlook

The RSUs will settle into common stock three months after the reporting person separates from service, subject to the terms of the 2020 Incentive Award Plan.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.

Comparison to Industry Standards

• The use of RSU-based compensation for board members is consistent with standard practices for mid-cap technology and services companies.
• The vesting schedule tied to service anniversary is a common retention mechanism used by publicly traded firms.

Corporate Governance

Stakeholder Impact

• Shareholders: Potential minor dilution upon settlement of RSUs.
• Director: Increased financial alignment with company performance.

Next Steps

• Vesting of the 38,258 RSUs on the anniversary of the grant date.

Key Dates

Keywords

Thryv Holdings, THRY, Form 4, Insider Trading, Restricted Stock Units, Director Compensation