Beam Global (BEEM) director reports 71,577-share restricted stock award
Rhea-AI Filing Summary
Beam Global director reports new restricted stock award
A Beam Global director filed a report showing a grant of 71,577 shares of common stock on January 6, 2026. This is a restricted stock award, meaning the shares vest over time rather than all at once.
According to the disclosure, 25% of the shares vest on each of March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026. The reference per-share price for the award was $1.75, based on the average daily closing price of Beam Global's common stock from December 1, 2025 to December 31, 2025. After this grant, the director beneficially owns 133,019 Beam Global shares directly.
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FAQ
What insider transaction did Beam Global (BEEM) report in this Form 4?
The filing reports that a Beam Global director received a restricted stock award of 71,577 shares of Beam Global common stock on January 6, 2026.
What are the vesting terms of the 71,577 Beam Global (BEEM) restricted shares?
The award vests in four equal installments, with 25% of the shares vesting on each of March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026.
How was the $1.75 reference price for the Beam Global (BEEM) award determined?
The per-share price of $1.75 was based on the average daily closing price of Beam Global's common stock for the period from December 1, 2025 to December 31, 2025.
How many Beam Global (BEEM) shares does the reporting director own after this transaction?
Following the restricted stock grant, the reporting director beneficially owns 133,019 shares of Beam Global common stock, held directly.
What is the relationship of the reporting person to Beam Global (BEEM)?
The reporting person is identified in the filing as a director of Beam Global.
Does this Beam Global (BEEM) filing involve derivative securities like options or warrants?
The tables identify the reported transaction as an acquisition of common stock through a restricted stock award. The derivative securities table does not list any specific options, warrants, or other derivative instruments in this excerpt.