Unifi Inc. Director Suzanne Present Receives Annual Equity Grant of 23,256 Shares
UNIFI INC
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Filing Summary
Form 4 Alert: UNIFI INC ($UFI) Insider: PRESENT SUZANNE (Director) Action: Grant / Award (Code A) Shares Transacted: 23,256 @ $0.00 Total Value: $0.00 Post-Transaction Ownership: 153,526 shares Significance: Low (Routine Director Compensation)
Comprehensive Analysis
Transaction Overview
On October 27, 2026, Suzanne Present, a member of the Board of Directors of Unifi Inc. ($UFI), acquired 23,256 restricted stock units (RSUs) of common stock at an effective cost of $0.00 per share. Following this transaction, Director Present directly holds 153,526 shares/units of the company's common stock.
Key Terms and Vesting
According to Footnote 1 of the filing:
- The award represents a grant of restricted stock units for annual board service.
- The units vest in four equal quarterly tranches over a one-year period:
- 25% on January 27, 2027
- 25% on April 27, 2027
- 25% on July 27, 2027
- 25% on the date of the 2027 annual shareholder meeting
- The RSUs will convert into common stock following the reporting person's termination of service as a director.
Market and Trading Assessment
- Significance Level: Low
- Context: This transaction represents standard annual board equity compensation rather than open-market buying or discretionary investing. Routine director equity grants do not provide actionable directional signals regarding operational performance or market sentiment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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