Aware (AWRE) director receives 44,118-share unrestricted stock award grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aware, Inc. director Brent P. Johnstone reported an equity award. He acquired an unrestricted stock award covering 44,118 shares under Aware’s 2023 Equity and Incentive Plan. The award was granted at a price of $0.00 per share as a stock-based compensation grant.
The shares will be issued in two equal installments of 22,059 shares on June 30, 2026 and December 31, 2026, provided he continues serving as a director, officer or employee of Aware or its subsidiaries on those dates. Following this report, he directly owns 271,653 shares of Aware common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Johnstone Brent P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Unrestricted Stock Award | 44,118 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Unrestricted Stock Award — 44,118 shares (Direct);
Common Stock — 271,653 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Aware (AWRE) report for Brent P. Johnstone?
Aware reported that director Brent P. Johnstone received an unrestricted stock award covering 44,118 shares. The award was granted at $0.00 per share as equity compensation under the 2023 Equity and Incentive Plan, rather than a market purchase or sale.
Is Brent P. Johnstone’s Aware (AWRE) stock award a purchase or a grant?
It is a grant, not a purchase. The Form 4 shows transaction code “A,” described as a grant, award or other acquisition, with a transaction price of $0.00 per share, indicating equity-based compensation rather than an open-market transaction.
What plan governs Brent P. Johnstone’s new Aware (AWRE) stock award?
The award was granted under Aware, Inc.’s 2023 Equity and Incentive Plan. This plan provides for equity-based compensation, and the unrestricted stock award is subject to continued service conditions through June 30, 2026 and December 31, 2026 for share issuance.
What service condition applies to Brent P. Johnstone’s Aware (AWRE) stock award?
To receive each tranche of 22,059 shares, Johnstone must be serving as a director, officer or employee of Aware or any subsidiary on June 30, 2026 and December 31, 2026. Failure to meet these conditions could affect issuance of the related shares.