Beeline director granted 40,000-share equity awards
Romano Stephen Michael reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Romano Stephen Michael reported acquisition or exercise transactions in this Form 4 filing.
Beeline Holdings, Inc. director Stephen Michael Romano reported equity awards of the company’s common stock. On May 29, 2026 he received a grant of 30,000 fully vested shares of restricted common stock at no cash cost, issued under the Amended and Restated 2025 Equity Incentive Plan and approved by the board under Rule 16b-3.
On May 28, 2026 he was also granted 10,000 restricted stock units, each representing a contingent right to one share of common stock. These units vest on the earlier of May 29, 2027 or the delivery of a final report and recommendation by the board’s special committee, subject to his continued service as a director. Following these awards, he directly owns 116,463 shares.
Insider Trade Summary
Grant/Award: 40,000 shares
Grant/Award
2 txns
Insider
Romano Stephen Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 10,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 116,463 shares (Direct)
Footnotes (2)
- F1. The grant of the Issuer's restricted common stock was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors. The shares of restricted common stock are fully vested and granted under the Issuer's Amended and Restated 2025 Equity Incentive Plan.
- F2. Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors. The units shall vest on the earlier of (i) May 29, 2027 or (ii) the delivery of a final report and recommendation by the special committee of the Board of Directors, subject to continued service as a director on the applicable vesting date. The grant of restricted stock units was made under the Issuer's Amended and Restated 2025 Equity Incentive Plan.
Key Figures
Restricted stock grant: 30,000 shares
RSU grant: 10,000 units
Post-transaction holdings: 116,463 shares
+2 more
5 metrics
Restricted stock grant
30,000 shares
Fully vested restricted common stock granted May 29, 2026 at $0.00 per share
RSU grant
10,000 units
Restricted stock units granted May 28, 2026 at $0.00 per unit
Post-transaction holdings
116,463 shares
Common stock directly owned by Romano after awards
RSU vesting date
May 29, 2027
Vests earlier of this date or special committee’s final report, subject to service
Grant price
$0.00 per share
Equity compensation awards, not market purchases or sales
Key Terms
restricted common stock, restricted stock units, Section 16(b), Rule 16b-3, +1 more
5 terms
restricted common stock financial
"The grant of the Issuer's restricted common stock was exempt from Section 16(b)..."
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.
restricted stock units financial
"Represents restricted stock units. Each restricted stock unit represents a contingent right..."
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.
Section 16(b) regulatory
"The grant ... 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..."
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
"The shares ... are fully vested and granted under the Issuer's Amended and Restated 2025 Equity Incentive Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Beeline Holdings (BLNE) report for Stephen Michael Romano?
Beeline Holdings reported that director Stephen Michael Romano received 30,000 fully vested restricted common shares and 10,000 restricted stock units, both granted at no cash cost as equity compensation approved by the board under the company’s 2025 Equity Incentive Plan.
What are the vesting terms for Stephen Michael Romano’s Beeline Holdings (BLNE) RSU grant?
Romano’s 10,000 restricted stock units vest on the earlier of May 29, 2027 or the delivery of a final report and recommendation by the board’s special committee, provided he continues serving as a director through the applicable vesting date under the company’s 2025 Equity Incentive Plan.
Are Stephen Michael Romano’s recent Beeline Holdings (BLNE) equity awards open-market purchases?
No, the transactions are not open-market purchases. They are equity compensation awards: 30,000 fully vested restricted common shares and 10,000 restricted stock units, both granted at a price of $0.00 per share and approved by the board under Rule 16b-3.
Under which plan were Stephen Michael Romano’s Beeline Holdings (BLNE) awards granted?
Both the restricted common stock and restricted stock unit awards to Stephen Michael Romano were granted under Beeline Holdings’ Amended and Restated 2025 Equity Incentive Plan, following approval by the company’s Board of Directors pursuant to Rule 16b-3 exemptions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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