Director at Keel Infrastructure Corp. (KEEL) awarded 101,010 RSUs as equity pay

Rhea-AI Filing Summary

Duso Wayne reported acquisition or exercise transactions in this Form 4 filing.

Keel Infrastructure Corp. director Duso Wayne received a grant of 101,010 Restricted Stock Units. Each RSU represents a contingent right to receive one common share of Keel Infrastructure Corp. or an equivalent cash amount, at the company’s election. The RSUs were granted at no cash cost to Wayne and will fully vest on the first anniversary of the grant date, April 2, 2027. After this award, Wayne holds 101,010 RSUs directly, aligning a portion of his compensation with the future performance of the company’s stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Duso Wayne

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	101,010	$0.00	--

Holdings After Transaction: Restricted Stock Units — 101,010 shares (Direct)

Footnotes (1)

1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share or an equivalent value in cash at the issuer's election The RSUs will vest on the first year anniversary of the grant, on April 2, 2027.

Key Figures

RSUs granted: 101,010 units Underlying common stock: 101,010 shares Grant price: $0.0000 per unit +2 more

5 metrics

RSUs granted 101,010 units Restricted Stock Units granted on April 2, 2026

Underlying common stock 101,010 shares Common shares underlying the RSU award

Grant price $0.0000 per unit Compensation award, no cash paid by director

Post-award RSU holdings 101,010 units Total RSUs directly held after this transaction

Vesting date April 2, 2027 First anniversary of the RSU grant

Key Terms

Restricted Stock Units, contingent right, vest

3 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"represents a contingent right to receive one common share"

vest financial

"The RSUs will vest on the first year anniversary of the grant"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Duso Wayne

(Last) (First) (Middle)

120 BROADWAY

SUITE 1075

(Street)

NEW YORK NEW YORK 10004

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Keel Infrastructure Corp. [ KEEL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	04/02/2026		A		101,010		(2)	(2)	Common Stock	101,010	$0	101,010	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share or an equivalent value in cash at the issuer's election

2. The RSUs will vest on the first year anniversary of the grant, on April 2, 2027.

	/s/ Rachel Silverstein, as attorney-in-fact	04/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Keel Infrastructure Corp. director Duso Wayne report in this Form 4 for KEEL?

Director Duso Wayne reported receiving a grant of 101,010 Restricted Stock Units. These RSUs are compensation-based and provide a future right to receive Keel Infrastructure Corp. common shares or cash, rather than reflecting an open-market stock purchase.

How many Restricted Stock Units did Duso Wayne receive from Keel Infrastructure Corp.?

Duso Wayne received 101,010 Restricted Stock Units from Keel Infrastructure Corp. This entire amount was acquired in a single grant and represents a future right to receive 101,010 common shares or an equivalent cash value at settlement.

When do Duso Wayne’s 101,010 RSUs from Keel Infrastructure Corp. vest?

The 101,010 Restricted Stock Units vest on April 2, 2027, the first anniversary of the grant. Vesting means Wayne’s contingent right to receive common shares or cash becomes earned at that date, assuming any applicable service conditions are satisfied.

Does this Form 4 show Duso Wayne buying or selling KEEL shares on the market?

No, the Form 4 shows a grant of Restricted Stock Units as compensation, not a market trade. The transaction code is “A,” indicating an award or other acquisition, with no cash price per share and no open-market buying or selling activity disclosed.

What does each Keel Infrastructure Corp. RSU granted to Duso Wayne represent?

Each Restricted Stock Unit represents a contingent right to receive one common share or an equivalent cash amount. Keel Infrastructure Corp. can choose whether settlement is in stock or cash, so the award aligns Wayne’s compensation with future company performance.