AMST Form 4: 4,754 deferred RSUs granted to director
Rhea-AI Filing Summary
Amesite Inc. (AMST) director J. Michael Losh was granted 4,754 restricted stock units (RSUs) on 09/30/2025 as deferred compensation in lieu of cash. Each RSU represents a contingent right to one share of AMST common stock or the cash equivalent. The RSUs were calculated using the closing share price on the last day of the quarter and will be delivered upon completion of board service or earlier upon a change in control. After this transaction, the reporting person beneficially owns 74,811 shares of common stock indirectly through the J. Michael Losh Irrevocable Qualified Annuity Trust #7. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Losh and filed on 10/02/2025.
Positive
- 4,754 RSUs issued as deferred compensation (no immediate cash paid)
- RSUs vest on completion of service or upon a change in control, aligning director incentives with shareholder outcomes
- Reporting person beneficially owns 74,811 shares, held indirectly in an irrevocable trust
Negative
- RSUs valued at $0 in the filing (no purchase price), indicating issuance as compensation rather than personal investment)
Insights
Director received deferred RSUs totaling 4,754 on 09/30/2025.
The filing documents a non-cash grant of 4,754 restricted stock units issued as deferred compensation to a board member, replacing cash fees. The units convert to one share each (or cash equivalent) and are contingent on continued service or a change in control, which is a common structure for retaining directors without immediate share issuance.
The reporting person holds 74,811 shares indirectly via an irrevocable annuity trust, indicating the holdings are held in a trust vehicle rather than direct ownership. The transaction was executed on 09/30/2025 and reported on the Form 4 filed 10/02/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,754 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMST common stock and/or the cash equivalent of such share. The reported securities were issued as "deferred stock units" in lieu of cash compensation earned for services as a director, and the number of deferred stock units received was calculated based on the closing share price on the last day of the quarter. The deferred stock units or cash equivalent will be issued to the reporting person upon completion of service as a member of the board of directors or, if earlier, a change in control.
FAQ
What transaction did J. Michael Losh report on Form 4 for AMST?
What are the vesting or settlement conditions for the RSUs?
Was any cash paid for the RSUs reported on this Form 4?
Who signed the Form 4 filing for J. Michael Losh?