Backblaze director receives RSU share grant
NELSON BARBARA H reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
NELSON BARBARA H reported acquisition or exercise transactions in this Form 4 filing.
Backblaze director Barbara H. Nelson received an equity grant of 19,306 shares of Class A Common Stock through restricted stock units. The award was granted under the company’s director compensation policy at a stated price of $0.00 per share and reflects stock-based compensation rather than an open-market purchase.
The RSUs vest on the earlier of the date of Backblaze’s next Annual Meeting of Stockholders or the one-year anniversary of the grant date, if she remains in continuous service. Following this grant, Nelson directly holds 106,862 shares of Class A Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 19,306 | $0.00 | $0.00 |
Footnotes (1)
- F1. Pursuant to the Issuer's Director Compensation Policy, the Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Class A Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied on the earlier of (A) the date of the Issuer's next Annual Meeting of Stockholders, or (B) the one-year anniversary of the date of grant, provided that the Reporting Person remains in continuous service through such vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
service-based vesting requirement financial
Annual Meeting of Stockholders financial
FAQ
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What did Backblaze (BLZE) director Barbara H. Nelson report in this Form 4?
At what price were Barbara H. Nelson’s Backblaze RSUs granted?
What are the vesting terms for Barbara H. Nelson’s Backblaze RSUs?
Is Barbara H. Nelson’s Backblaze Form 4 transaction a market buy or compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.