AleAnna director Duncan Palmer converts stock awards
The associated awards are subject to service conditions, with vesting tied to an annual-meeting date or installments through October 29, 2028.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
AleAnna, Inc. director Duncan Palmer reported converting 33,898 and 20,178 restricted stock units into common stock on October 29, 2026. The units convert one-for-one, corresponding to 33,898 and 20,178 common shares, respectively. The associated awards are subject to continued employment by or service to AleAnna or a subsidiary through the applicable vesting dates.
Insider Trade Summary
54,076 shares exercised/converted
Exercise
4 txns
Insider
Palmer Duncan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2 | 33,898 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3 | 20,178 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 33,898 | -- | -- |
| Exercise | Common Stock F1 | 20,178 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 78,904 contracts (Direct);
Common Stock — 54,076 shares (Direct)
Holdings Before and After:
Restricted Stock Units, 132,980 to 78,904 contracts (Direct);
Common Stock, 0 to 54,076 shares (Direct)
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. Represents restricted stock units granted by the Issuer to the reporting person pursuant to the 2025 Plan and represents a contingent right to receive one share of common stock of the Issuer or its cash equivalent, as determined at the time of settlement by the Compensation Committee. The restricted stock units will vest on the earlier of (i) October 29, 2026, or (ii) the next annual meeting of the stockholders; provided that such annual meeting of the stockholders occurs at least 52 weeks following the prior annual meeting of the stockholders; and further provided that the reporting person is employed by or providing services to the Issuer or subsidiary through each such date.
- F3. Represents restricted stock units granted by AleAnna, Inc. (the "Issuer") to the reporting person pursuant to the AleAnna, Inc. 2025 Long-Term Incentive Plan ("2025 Plan") and represents a contingent right to receive one share of common stock of the Issuer or its cash equivalent, as determined at the time of settlement by the Compensation Committee of the Company's Board of Directors (the "Committee"). The restricted stock units will vest in three equal installments, with one-third of the restricted stock units vesting on October 29, 2026, 2027 and 2028, respectively, provided that the reporting is employed by or providing services to the Issuer or subsidiary through each such date.
Key Figures
Restricted stock units converted: 33,898 restricted stock units
Common shares received: 33,898 shares
Restricted stock units converted: 20,178 restricted stock units
+1 more
4 metrics
Restricted stock units converted
33,898 restricted stock units
Converted into common stock on October 29, 2026.
Common shares received
33,898 shares
Received one-for-one for the associated restricted stock units.
Restricted stock units converted
20,178 restricted stock units
Converted into common stock on October 29, 2026.
Common shares received
20,178 shares
Received one-for-one for the associated restricted stock units.
Key Terms
Restricted Stock Units, one-for-one basis, contingent right, 2025 Long-Term Incentive Plan
4 terms
Restricted Stock Units financial
"Restricted stock units convert into common stock on a one-for-one basis"
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.
one-for-one basis financial
"convert into common stock on a one-for-one basis"
contingent right technical
"represents a contingent right to receive one share"
2025 Long-Term Incentive Plan financial
"pursuant to the AleAnna, Inc. 2025 Long-Term Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the vesting terms for Duncan Palmer’s ANNA restricted stock units?
One award was scheduled to vest on the earlier of October 29, 2026 or the next annual meeting, provided that meeting occurs at least 52 weeks after the prior annual meeting; continued employment or service through the date was required. The other award vests in three equal installments on October 29, 2026, 2027 and 2028, subject to continued employment or service through each date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
