ACCESS Newswire (ACCS) Form 4: CFO Granted 5,000 RSUs
Steven Winfield Knerr, Chief Financial Officer of ACCESS Newswire Inc. (ACCS), reported a grant of 5,000 restricted stock units (RSUs) on 10/01/2025 on Form 4.
Rhea-AI Filing Summary
Steven Winfield Knerr, Chief Financial Officer of ACCESS Newswire Inc. (ACCS), reported a grant of 5,000 restricted stock units (RSUs) on 10/01/2025 on Form 4. The RSUs have a $0 per-share price and are recorded as direct beneficial ownership of 5,000 common shares following the grant. The award vests in three equal installments, with one-third vesting on each of 10/01/2026, 10/01/2027, and 10/01/2028. The RSUs accelerate to immediate vesting if a Change in Control occurs as defined in the issuer's 2023 Equity Incentive Plan.
Positive
- 5,000 RSU grant provides executive-long term alignment via multi-year vesting
- Vesting schedule is explicit: one-third on 10/01/2026, 10/01/2027, and 10/01/2028
Negative
- None.
Insights
TL;DR: CFO received a 5,000 RSU grant with three-year vesting and change-in-control acceleration.
The Form 4 documents a grant of 5,000 restricted stock units to Steven Winfield Knerr on 10/01/2025, recorded at a $0 price and showing 5,000 shares owned following the grant. The award vests in three equal annual tranches on 10/01/2026, 10/01/2027, and 10/01/2028.
The grant includes immediate vesting upon a Change in Control per the 2023 Equity Incentive Plan, which is relevant for assessing retention incentives and potential accelerated payouts in a transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. One third (1/3) of this restricted stock unit grant shall vest (subject to any rounding adjustments) on each of the following dates: (i) October 1, 2026, (ii) October 1, 2027 and (iii) October 1, 2028. In the event of a Change in Control (as defined in the Issuer's 2023 Equity Incentive Plan), the restricted stock units not previously vested shall immediately become vested.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ACCESS Newswire (ACCS) report on Form 4?
What is the vesting schedule for the RSUs in the ACCS Form 4?
Is there any acceleration provision for the RSUs?
What price was recorded for the RSU award on the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.