American Bitcoin Corp. (NASDAQ: ABTC) grants 49,304 RSUs to director
Rhea-AI Filing Summary
Broukhim Michael reported acquisition or exercise transactions in this Form 4 filing.
American Bitcoin Corp. director Michael Broukhim received a grant of 49,304 restricted stock units (RSUs), each representing a contingent right to receive one share of Class A common stock. The RSUs were awarded at no purchase price, vest on the date of the 2027 Annual General Meeting, and settle in stock, cash, or a combination at the issuer’s discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Broukhim Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 49,304 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 49,304 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer Class A common stock. The RSUs settle in either Class A common stock or cash (or a combination thereof) at the discretion of the Issuer.
- F2. These RSUs vest on the date of the 2027 Annual General Meeting of the Stockholders of the Issuer.
Key Figures
RSUs granted: 49,304 units
Underlying shares: 49,304 shares
Transaction price per unit: $0.0000
+2 more
5 metrics
RSUs granted
49,304 units
Restricted stock units awarded to director Michael Broukhim
Underlying shares
49,304 shares
Class A common stock underlying the RSUs
Transaction price per unit
$0.0000
RSUs granted at no purchase price per unit
RSUs following transaction
49,304 units
Total RSUs held directly after the grant
Vesting date
2027 Annual General Meeting
RSUs vest on the date of the 2027 Annual General Meeting of Stockholders
Key Terms
Restricted Stock Units, Class A common stock, contingent right, Annual General Meeting
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A common stock financial
"receive one share of Issuer Class A common stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"represents a contingent right to receive one share"
Annual General Meeting financial
"These RSUs vest on the date of the 2027 Annual General Meeting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did ABTC grant to director Michael Broukhim?
American Bitcoin Corp. granted director Michael Broukhim 49,304 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A common stock or an equivalent cash amount, at the company’s discretion, after vesting at the 2027 annual meeting.
When do Michael Broukhim’s ABTC restricted stock units vest?
The RSUs granted to Michael Broukhim vest on the date of American Bitcoin Corp.’s 2027 Annual General Meeting of Stockholders. Vesting timing is tied specifically to that shareholder meeting rather than to a service-based or time-based schedule stated in months or years.
What is the purchase price for the ABTC RSUs granted to Michael Broukhim?
The restricted stock units were granted at a price of $0.0000 per unit, meaning there is no purchase price payable by Michael Broukhim. Value will be realized upon vesting and settlement in American Bitcoin Corp. Class A common stock, cash, or a combination of both.
How many ABTC restricted stock units does Michael Broukhim hold after this grant?
Following this grant, Michael Broukhim holds 49,304 RSUs directly. These units represent potential future delivery of shares of American Bitcoin Corp. Class A common stock or cash, subject to vesting at the 2027 Annual General Meeting and the company’s settlement choice.