Arxis director buys 25,000 shares at $28
Arxis, Inc. director Stephen Duane Oetgen reported new investments in the company’s Class A Common Stock.
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Rhea-AI Filing Summary
Arxis, Inc. director Stephen Duane Oetgen reported new investments in the company’s Class A Common Stock. He made an open-market purchase of 25,000 shares at $28.00 per share, and after this trade he directly holds 30,357 shares.
Separately, he received a grant of 5,357 restricted stock units, which will vest on the first anniversary of the grant date. The purchased shares were acquired through the directed share program conducted in connection with Arxis’s initial public offering.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,357 | $0.00 | $0.00 |
| Purchase | Class A Common Stock | 25,000 | $28.00 | $700K |
Footnotes (2)
- F1. Represents an award of restricted stock units with respect to Class A Common Stock which will vest on the first anniversary of the grant date.
- F2. Represents shares of Class A Common Stock purchased by the Reporting Person through the directed share program conducted in connection with the Issuer's initial public offering.
Key Figures
Key Terms
restricted stock units financial
initial public offering financial
FAQ
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What insider transactions did Arxis (ARXS) director Stephen Duane Oetgen report?
What are the terms of the 5,357 restricted stock units reported for Arxis (ARXS)?
AI-generated analysis. How Rhea-AI works. Not financial advice.