Arrive AI director granted 87,413 RSUs
Fitz Michael Todd reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Fitz Michael Todd reported acquisition or exercise transactions in this Form 4 filing.
Arrive AI Inc. director Michael Todd Fitz received a grant of restricted stock units as equity compensation. The award covers 87,413 RSUs, each representing one share of common stock, and was granted on July 6, 2026 under the company’s 2023 Equity Incentive Plan.
These RSUs vest on June 30, 2027, meaning Todd will receive the underlying common shares if the vesting conditions are satisfied by that date. After this grant, his reported holdings from this award total 87,413 shares, and the units do not have a traditional expiration date; they either vest or are canceled before the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Award | 87,413 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted Stock Units (RSUs) were granted on July 6, 2026, which vest on June 30, 2027. The RSUs have been issued pursuant to the Company's 2023 Equity Incentive Plan.
- F2. The RSUs do not expire, they either vest or are canceled prior to vesting date.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
2023 Equity Incentive Plan financial
Form 4 regulatory
FAQ
What did Arrive AI (ARAI) director Michael Todd Fitz report on this Form 4?
How many restricted stock units did the Arrive AI (ARAI) director receive?
When do the Arrive AI (ARAI) restricted stock units granted to the director vest?
Were the Arrive AI (ARAI) restricted stock units granted under an equity plan?
Do the Arrive AI (ARAI) restricted stock units reported on this Form 4 expire?
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