Merlin CFO awarded RSUs and stock options
Carrithers Ryan Michael reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Carrithers Ryan Michael reported acquisition or exercise transactions in this Form 4 filing.
Merlin, Inc. reported that CFO & Treasurer Ryan Michael Carrithers received new equity compensation. He was granted 256,416 shares tied to restricted stock units, each representing one share of common stock, along with 806,393 stock options exercisable at $6.64 per share.
The RSUs vest in staggered schedules beginning on September 16, 2026 and March 16, 2027, while the options vest 25% on October 14, 2026 and monthly thereafter until fully vested, and expire on May 20, 2036. After these awards, he holds 256,416 common shares and 806,393 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,062,809 shares
Grant/Award
2 txns
Insider
Carrithers Ryan Michael
Role
CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 806,393 | $0.00 | $0.00 |
| Grant/Award | Common stock | 256,416 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 806,393 contracts (Direct);
Common stock — 256,416 shares (Direct)
Footnotes (2)
- F1. Represents an award of (i) 241,416 restricted stock units (RSUs), which vest in three equal annual installments beginning on March 16, 2027, and (ii) 15,000 RSUs, which vest in four equal installments every six months beginning on September 16, 2026. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs do not expire.
- F2. The stock option vests as to 25% of the underlying shares on October 14, 2026, and the remaining will vest in 36 substantially equal monthly installments thereafter.
Key Figures
RSUs total shares: 256,416 shares
Primary RSU grant: 241,416 RSUs
Secondary RSU grant: 15,000 RSUs
+5 more
8 metrics
RSUs total shares
256,416 shares
Common stock underlying RSU awards granted on May 20, 2026
Primary RSU grant
241,416 RSUs
Vests in three equal annual installments from March 16, 2027
Secondary RSU grant
15,000 RSUs
Vests in four equal installments every six months from September 16, 2026
Stock options granted
806,393 options
Options on common stock granted May 20, 2026
Option exercise price
$6.64 per share
Conversion or exercise price of stock options
Option vesting start
25% on October 14, 2026
Remaining vests in 36 substantially equal monthly installments
Option expiration
May 20, 2036
Expiration date of granted stock options
Holdings after grant
256,416 shares; 806,393 options
Direct ownership following the reported transactions
Key Terms
restricted stock units (RSUs), Stock Option, exercise price, vesting
4 terms
restricted stock units (RSUs) financial
"Represents an award of (i) 241,416 restricted stock units (RSUs), which vest in three equal annual installments..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Stock Option financial
"The stock option vests as to 25% of the underlying shares on October 14, 2026..."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"conversion_or_exercise_price: "6.6400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"which vest in three equal annual installments beginning on March 16, 2027..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Merlin (MRLN) report in this Form 4?
Merlin reported that CFO & Treasurer Ryan Michael Carrithers received equity awards, including restricted stock units and stock options. These are compensation-related grants, not open-market purchases or sales, and increase his direct holdings in the company’s stock and options.
What stock options were granted to the Merlin (MRLN) CFO?
He was granted 806,393 stock options with an exercise price of $6.64 per share. Twenty‑five percent of the underlying shares vest on October 14, 2026, with the remainder vesting in 36 substantially equal monthly installments, and the options expire on May 20, 2036.
When do the Merlin (MRLN) CFO’s new RSUs start vesting?
The 241,416 RSUs begin vesting in three equal annual installments on March 16, 2027. A separate 15,000 RSU grant vests in four equal installments every six months starting on September 16, 2026, creating a staggered vesting schedule over several years.
What are the CFO’s holdings after this Merlin (MRLN) Form 4 transaction?
Following these awards, the CFO directly holds 256,416 shares of common stock and 806,393 stock options. These figures reflect his updated equity position as reported, combining the RSU-related common shares and the newly granted options in his direct ownership.
Are the Merlin (MRLN) Form 4 transactions open-market buys or sells?
No, these transactions are classified as grants or awards, not open-market buys or sells. The Form 4 identifies them with transaction code A, meaning compensatory acquisitions of RSUs and options, so they do not represent trading activity by the executive in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
