Astrotech Corp (ASTC) awards 5,000 restricted shares to its COO
Rhea-AI Filing Summary
Badugu Nihanth reported acquisition or exercise transactions in this Form 4 filing.
Astrotech Corp reported that Chief Operating Officer Badugu Nihanth received a grant of 5,000 shares of restricted common stock under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan. The award was recorded at 0.0000 per share and increases his directly held common stock to 5,000.0000 shares, subject to time-based vesting on anniversaries of August 13, 2026 until fully vested on August 13, 2028, contingent on continuous employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
1 txn
Insider
Badugu Nihanth
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 5,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 5,000 shares (Direct)
Footnotes (1)
- F1. Represents shares of restricted stock granted to the Reporting Person pursuant to the Astrotech Corporation 2021 Omnibus Equity Incentive Plan. The shares of restricted stock vest on each of the first three anniversaries of August 13, 2026, such that 100% of the shares of restricted stock granted shall be fully vested on August 13, 2028, subject to Reporting Person's continuous employment with the Issuer through each such applicable anniversary.
Key Figures
Restricted shares granted: 5000.0000 shares
Grant price per share: 0.0000 per share
Shares held after transaction: 5000.0000 shares
+1 more
4 metrics
Restricted shares granted
5000.0000 shares
Non-derivative Common Stock grant to COO on 2026-07-22
Grant price per share
0.0000 per share
Reported transaction price for the restricted stock grant
Shares held after transaction
5000.0000 shares
Directly held Astrotech common stock following the grant
Full vesting date
August 13, 2028
Date when 100% of the restricted shares are scheduled to be fully vested
Key Terms
restricted stock, 2021 Omnibus Equity Incentive Plan, continuous employment
3 terms
restricted stock financial
"Represents shares of restricted stock granted to the Reporting Person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2021 Omnibus Equity Incentive Plan financial
"pursuant to the Astrotech Corporation 2021 Omnibus Equity Incentive Plan"
continuous employment financial
"subject to Reporting Person's continuous employment with the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ASTC disclose for COO Badugu Nihanth?
Astrotech Corp disclosed that COO Badugu Nihanth received 5,000 shares of restricted common stock as a grant under the 2021 Omnibus Equity Incentive Plan, recorded at 0.0000 per share and subject to multi-year vesting conditions.
What is the vesting schedule for the ASTC restricted stock granted to the COO?
The grant vests on each of the first three anniversaries of August 13, 2026, with all 5,000 shares expected to be fully vested on August 13, 2028, subject to the COO’s continuous employment with Astrotech Corp through each anniversary date.
What was the reported grant price for the ASTC restricted stock award?
The restricted stock award to COO Badugu Nihanth was recorded at a grant price of 0.0000 per share. As a restricted stock grant under an equity incentive plan, it reflects an equity-based award rather than an open-market purchase.