STOCK TITAN

ARAI insider: William Stafford granted 8,549 shares; disclosure late

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Arrive AI Inc. director William Elwyn Stafford was issued common stock in 2025 as compensation for board service. He received 7,693 shares on 06/23/2025 and 856 shares on 06/30/2025, bringing his total reported beneficial ownership after the transactions to 8,549 shares. The shares were issued for $0.00 consideration. The Form 4 discloses the transactions were reported late due to an inadvertent administrative error and the filing includes a signature by an attorney-in-fact dated 09/03/2025. The filing is limited to these equity grants and does not include option or derivative activity.

Positive

  • Director alignment: Shares issued to the director as compensation align insider interests with shareholders
  • No cash outflow: Grants were issued for $0.00, preserving company cash

Negative

  • Late disclosure: Transactions were reported late and attributed to an administrative error
  • Limited detail: Filing contains no information on total outstanding shares or percentage ownership, limiting material context

Insights

TL;DR: Director received 8,549 shares as board compensation; no cash paid and filing was late.

The issuance of 7,693 and 856 common shares to a director is a routine equity compensation event that increases insider alignment with shareholders without immediate cash outflow for the company. The reported ownership post-transactions is 8,549 shares. There is no derivative activity disclosed. The late reporting, attributed to an administrative error, introduces a disclosure control concern but does not change the economic nature of the grants.

TL;DR: Equity grants to a director align incentives; the delayed Form 4 filing raises governance and compliance questions.

Issuing shares to a director for service is a common governance practice to align interests. However, timely Section 16 reporting is a regulatory requirement; the filing notes the transactions were reported late due to an inadvertent administrative error and was signed by an attorney-in-fact on 09/03/2025. The record should be reviewed to prevent future late disclosures and to maintain investor confidence in disclosure controls.

Insider Stafford William Elwyn
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 856 $0.00 --
Grant/Award Common Stock 7,693 $0.00 --
Holdings After Transaction: Common Stock — 8,549 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stafford William Elwyn

(Last) (First) (Middle)
12175 VISIONARY WAY

(Street)
FISHERS, IN 46038

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Arrive AI Inc. [ ARAI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/23/2025 A 7,693(1) A $0 7,693 D
Common Stock 06/30/2025 A 856(1) A $0 8,549 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares were issued to the Reporting Person for his service to the Issuer's board of directors in 2025, in return for $0.00 in consideration.
Remarks:
Exhibit 24 - Power of Attorney These transactions are being reported late due to an inadvertent administrative error.
/s/ Todd Pepmeier as Attorney-in-Fact for William Stafford 09/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What shares did William Elwyn Stafford receive according to the Form 4 for ARAI?

He received 7,693 common shares on 06/23/2025 and 856 common shares on 06/30/2025, totaling 8,549 shares.

What was the price paid by the reporting person for the ARAI shares?

The shares were issued for $0.00 consideration as compensation for board service.

Was the Form 4 filed on time for the ARAI insider transactions?

No. The filing states the transactions are being reported late due to an inadvertent administrative error.

Who signed the Form 4 for William Stafford and when?

The Form 4 bears a signature by an attorney-in-fact, Todd Pepmeier, dated 09/03/2025.

Does the Form 4 report any derivative securities or options for ARAI?

No. Table II shows no derivative securities, options, or convertible activity reported.