Equity grant
Shares or units an insider receives as compensation, reported under transaction code A rather than as a purchase.
Updated 2026-07-26
A grant is an award from the company: restricted stock, performance units, options. The insider's holdings go up, the insider pays nothing, and the timing is set by a compensation calendar rather than by any view of the company.
This is why grants and purchases must never be added together. A month in which a company makes its annual awards will show a large increase in insider holdings that carries none of the meaning a purchase would.
Grants often vest later and in stages. The grant date and the vesting date are different events, and only some of them generate their own filings.
Related terms
5 entries- Form 4
- The filing in which a company insider reports a change in their holdings, normally within two business days.
- Insider
- A person or entity whose relationship with a company obliges them to report their transactions in its securities.
- Open market purchase
- An insider buying shares on the market with their own money, reported under transaction code P.
- Option exercise
- Converting a derivative holding into shares, reported under transaction code M and often paired with a same-day sale.
- Transaction code
- The one or two letter code on each row of a Form 4 that says what kind of change occurred.
Where this appears in the data
Written for reading the records published here. This is not a legal, tax or accounting definition, and where a jurisdiction defines the term precisely, that definition governs.