Form 4 code A reports a grant, award, or other acquisition from the issuer. It frequently appears in equity compensation programs, including restricted stock, RSUs, or similar award structures.
Code A can increase reported ownership, but it should not be confused with a code P open-market purchase. The insider may have received shares as compensation rather than deciding to buy stock with personal capital.
- Often compensation-related and scheduled by the issuer.
- Can be followed by code F tax withholding rows.
- Useful for understanding ownership changes and executive compensation.
- Lower discretionary signal than open-market purchases.