ChronoScale director gets 200,000 restricted shares
Schaap Andrew Cordell reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Schaap Andrew Cordell reported acquisition or exercise transactions in this Form 4 filing.
ChronoScale Corp director Andrew Cordell Schaap received an equity grant of 200,000 shares of Common Stock as restricted stock. The grant was made on June 29, 2026 at a stated price of $0.00 per share and brings his reported direct holdings to 200,000 shares.
The award vests in two equal installments: 100,000 restricted shares vest on the one-year anniversary of the June 29, 2026 grant date and 100,000 restricted shares vest on the two-year anniversary. Vesting requires his continuous service with ChronoScale through each vesting date, with potential adjustment or accelerated vesting under certain conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 200,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted shares of common stock of ChronoScale Corporation (the "Issuer") granted on June 29, 2026 (the "Grant Date") which vest as follows: (i) 100,000 restricted shares will vest on the one-year anniversary of the Grant Date; and (ii) 100,000 restricted shares will vest on the two-year anniversary of the Grant Date, subject to the Reporting Person's continuous service with the Issuer through the applicable vesting date and subject to adjustment or accelerated vesting upon certain conditions.
Key Figures
Key Terms
Grant Date financial
continuous service financial
accelerated vesting financial
Grant, award, or other acquisition financial
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