Form 4: Thryv Holdings Executive Bolger Receives Stock Grant

Lesley Bolger, Chief Legal Officer & Human Resources and EVP, Chief Compliance Officer and Secretary at Thryv Holdings, received 46,791 shares of common stock on January 6, 2025, as part of a restricted stock unit grant.

Summary

• Lesley Bolger, a key executive at Thryv Holdings, received 46,791 shares of common stock on January 6, 2025.
• The shares were granted as restricted stock units under the company's 2020 Incentive Award Plan.
• These restricted stock units will vest in three equal annual installments, starting in January 2026.
• Following the transaction, Bolger beneficially owns 122,445 shares of Thryv Holdings.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The stock grant is a routine event, but it signals confidence in the executive and the company's future.

Positives

• The stock grant aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Future Outlook

The vesting schedule of the restricted stock units suggests an expectation of continued service and contribution from the executive over the next three years.

Industry Context

Stock grants are a common form of executive compensation, particularly in publicly traded companies, to incentivize performance and align management's interests with those of shareholders.

Stakeholder Impact

• The stock grant could have a slightly positive impact on shareholder sentiment.
• The vesting schedule incentivizes the executive to contribute to the company's long-term success, which benefits all stakeholders.

Key Dates