Beeline Holdings (BLNE) director receives 7,010 fully vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freedman Joseph David reported acquisition or exercise transactions in this Form 4 filing.
Beeline Holdings, Inc. director Joseph David Freedman received an equity grant of 7,010 shares of restricted common stock. The award was granted on April 8, 2026 under Beeline’s Amended and Restated 2025 Equity Incentive Plan as compensation for board service in lieu of cash fees for the quarter ended March 31, 2026. The restricted shares are fully vested, meaning Freedman owns them outright upon grant. After this award, he directly holds a total of 371,901 shares of Beeline common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Freedman Joseph David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,010 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 371,901 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock grant: 7,010 shares
Holdings after transaction: 371,901 shares
Reported grant price: $0.0000 per share
+1 more
4 metrics
Restricted stock grant
7,010 shares
Fully vested award on April 8, 2026 for director services
Holdings after transaction
371,901 shares
Total Beeline common stock directly held by Freedman after grant
Reported grant price
$0.0000 per share
Form 4 transaction price field for the restricted stock award
Section 16(b) exemption rule
Rule 16b-3
Board-approved equity grant exempt from Section 16(b) short-swing rules
Key Terms
restricted common stock, Section 16(b), Rule 16b-3, Amended and Restated 2025 Equity Incentive Plan
4 terms
restricted common stock financial
"The shares of restricted common stock were granted under the Issuer's Amended and Restated 2025 Equity Incentive Plan"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
Section 16(b) regulatory
"The grant of the Issuer's restricted common stock was exempt from Section 16(b) of the Securities Exchange Act of 1934"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3 regulatory
"by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
Amended and Restated 2025 Equity Incentive Plan financial
"were granted under the Issuer's Amended and Restated 2025 Equity Incentive Plan for services as a director"
FAQ
What insider transaction did Beeline Holdings (BLNE) report for Joseph David Freedman?
Beeline Holdings reported that director Joseph David Freedman received 7,010 shares of restricted common stock. The grant was made on April 8, 2026 as fully vested equity compensation for his board service, rather than paying cash fees for the quarter ended March 31, 2026.
Under what plan was the Beeline (BLNE) restricted stock granted to Joseph David Freedman?
The award was granted under Beeline’s Amended and Restated 2025 Equity Incentive Plan. The plan provided 7,010 fully vested shares of restricted common stock as compensation for Freedman’s service as a director in lieu of cash fees for the quarter ended March 31, 2026.
Why was Joseph David Freedman’s Beeline (BLNE) stock grant exempt from Section 16(b)?
The grant was exempt from Section 16(b) because it was approved by Beeline’s Board of Directors under Rule 16b-3. This rule allows certain board-approved equity awards, such as this 7,010-share restricted stock grant for director services, to avoid short-swing profit recovery provisions.