ACCESS Newswire director awarded 4,386 RSUs
Rein Graeme P. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Rein Graeme P. reported acquisition or exercise transactions in this Form 4 filing.
ACCESS Newswire Inc. director Rein Graeme P. received a grant of 4,386 restricted stock units tied to the company’s common stock. The filing also reports 87,000 common shares held directly and 202,745 shares held indirectly through Yorkmont Capital Partners, LP.
The restricted stock units vest on the earlier of the company’s 2027 annual stockholders’ meeting or June 26, 2027, provided he remains on the board. Any unvested units vest immediately upon a Change in Control under the company’s 2023 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 4,386 shares
Grant/Award
3 txns
Insider
Rein Graeme P.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,386 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,386 contracts (Direct);
Common Stock — 202,745 shares (Indirect, Yorkmont Capital Partners, LP);
Common Stock — 87,000 shares (Direct)
Footnotes (2)
- F1. These shares are owned directly by Yorkmont Capital Partners, LP. The Reporting Person is the managing member of Yorkmont Capital Management, LLC, which is the general partner of Yorkmont Capital Partners, LP. Mr. Rein and Yorkmont Capital Management, LLC are indirect beneficial owners of the reported securities.
- F2. This restricted stock unit vests on the earlier of (i) the date of the Issuer's 2027 annual meeting of stockholders or (ii) June 26, 2027. 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. The Reporting Person must be a member of the Board of Directors as of the vesting date.
Key Figures
RSUs granted: 4,386 units
Direct common shares: 87,000 shares
Indirect common shares: 202,745 shares
+2 more
5 metrics
RSUs granted
4,386 units
Restricted Stock Units granted to director on June 26, 2026
Direct common shares
87,000 shares
Common Stock held directly after reported transactions
Indirect common shares
202,745 shares
Common Stock held indirectly via Yorkmont Capital Partners, LP
RSU vesting date
June 26, 2027
Latest possible vesting date, or earlier 2027 annual meeting
Change in Control vesting
Immediate vesting
Unvested RSUs vest upon Change in Control under 2023 Equity Incentive Plan
Key Terms
Restricted Stock Units, Change in Control, beneficial owners, Equity Incentive Plan
4 terms
Restricted Stock Units financial
"This restricted stock unit vests on the earlier of (i) the date of the Issuer's 2027 annual meeting..."
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.
Change in Control financial
"In the event of a Change in Control (as defined in the Issuer's 2023 Equity Incentive Plan)..."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
beneficial owners financial
"Mr. Rein and Yorkmont Capital Management, LLC are indirect beneficial owners of the reported securities."
Beneficial owners are the people or entities that actually enjoy the economic benefits and control of shares or other assets, even when legal title is held by someone else such as a broker, custodian or trustee. Investors pay attention because beneficial owners hold the real voting power, receive dividends and can influence strategy and takeover outcomes — like the driver of a car who uses and maintains it while the bank holds the title — so disclosure shows who truly controls and benefits.
Equity Incentive Plan financial
"Change in Control (as defined in the Issuer's 2023 Equity Incentive Plan), the restricted stock units..."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ACCESS Newswire (ACCS) report for Rein Graeme P.?
ACCESS Newswire reported that director Rein Graeme P. received a grant of 4,386 restricted stock units. These RSUs are tied to the company’s common stock and represent equity-based compensation rather than a market purchase or sale of existing shares.
When do the 4,386 RSUs granted to the ACCS director vest?
The 4,386 restricted stock units vest on the earlier of the issuer’s 2027 annual stockholders’ meeting or June 26, 2027. Vesting requires that the reporting person continue serving on the Board of Directors through the applicable vesting date.
What happens to the ACCS restricted stock units if there is a Change in Control?
If a Change in Control occurs, as defined in the 2023 Equity Incentive Plan, any unvested restricted stock units immediately become vested. This acceleration applies to the 4,386 RSUs granted, assuming the reporting person is still serving on the Board at that time.
Does the Form 4 for ACCS show any open-market buying or selling by the director?
The Form 4 does not show any open-market purchases or sales by the director. It reports a grant of 4,386 restricted stock units and the direct and indirect share positions, without recording buy or sell transactions in the company’s common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
