Mobile Infrastructure (BEEP) Director Receives $11.7K Stock Grant Package
Mobile Infrastructure Corp (BEEP) director Damon D. Jones received a grant of 11,679 restricted stock units (RSUs) on June 18, 2025.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,679 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Includes 11,679 unvested RSUs.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.