BEEP Director Boosts Stake to 45K Shares Through Latest RSU Award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mobile Infrastructure Corp (BEEP) director Damon D. Jones received a grant of 11,679 restricted stock units (RSUs) on June 18, 2025. The Form 4 filing discloses the following key details:
- The RSUs will fully vest on the first anniversary of the grant date
- Vesting is contingent on Jones's continued service as a director
- Each RSU represents the right to receive one share of common stock
- The RSUs were granted at $0 cost to the director
- Following this transaction, Jones beneficially owns 45,013 shares, including the unvested RSUs
This equity grant appears to be part of the company's director compensation program, aligning the director's interests with shareholders through stock-based compensation with a one-year vesting requirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jones Damon D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,679 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 45,013 shares (Direct)
Footnotes (1)
- Represents the grant of restricted stock units ("RSUs") which will vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director. Each RSU represents the contingent right to receive one share of the Issuer's common stock. Includes 11,679 unvested RSUs.
FAQ
How many restricted stock units (RSUs) did BEEP director Damon Jones receive on June 18, 2025?
According to the Form 4 filing, BEEP director Damon Jones received 11,679 restricted stock units (RSUs) on June 18, 2025. These RSUs were granted at a price of $0 and represent the right to receive an equal number of common stock shares.
When will Damon Jones' BEEP RSUs vest?
The RSUs granted to Damon Jones will vest in full on the first anniversary of the grant date (June 18, 2026), subject to his continued service as a director of Mobile Infrastructure Corporation (BEEP).
What is Damon Jones' role at BEEP?
According to the Form 4 filing, Damon Jones serves as a Director of Mobile Infrastructure Corporation (BEEP). This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.
Where is BEEP's director Damon Jones located?
According to the Form 4 filing, Damon Jones' address is listed as 30 W. 4th Street, Cincinnati, OH 45202.