1.4M RSU grant to ChronoScale Holdings Corp (CHRN) CTO vests 2029
Rhea-AI Filing Summary
Jegannathan Rajasekar reported acquisition or exercise transactions in this Form 4 filing.
ChronoScale Holdings Corp Chief Technology Officer Jegannathan Rajasekar received a grant of 1,400,000 restricted stock units on July 22, 2026. The RSUs represent a contingent right to common shares and vest from June 1, 2027 through June 1, 2029, subject to continuous service, bringing his direct holdings to 1,402,587 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,400,000 shares
Net Buy
1 txn
Insider
Jegannathan Rajasekar
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,400,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,402,587 shares (Direct)
Footnotes (1)
- F1. Restricted stock units ("RSUs") granted on July 22, 2026 (the "Grant Date") represent a contingent right to receive shares of common stock of ChronoScale Holdings Corporation (the "Issuer") on a one-for-one basis and vest as follows: one-third of the RSUs will vest on June 1, 2027 (the "Cliff Date"), with one-sixth of the remaining RSUs vesting in equal installments every six months after the Cliff Date, such that the RSUs will be fully vested on June 1, 2029, subject to the Reporting Person's continuous service with the Issuer through each applicable vesting date and subject to accelerated vesting upon certain conditions.
Key Figures
RSUs Granted: 1,400,000 shares
Shares After Grant: 1,402,587 shares
First Vesting Date: June 1, 2027
+1 more
4 metrics
RSUs Granted
1,400,000 shares
Restricted stock units granted to CTO on July 22, 2026
Shares After Grant
1,402,587 shares
Direct common stock holdings following the reported transaction
First Vesting Date
June 1, 2027
One-third of the RSUs vest on the Cliff Date
Final Vesting Date
June 1, 2029
RSUs will be fully vested on this date if service continues
Key Terms
Restricted stock units ("RSUs"), Cliff Date, continuous service, accelerated vesting
4 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") granted on July 22, 2026 represent a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Cliff Date financial
"one-third of the RSUs will vest on June 1, 2027 (the "Cliff Date")"
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer"
accelerated vesting financial
"subject to accelerated vesting upon certain conditions"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did ChronoScale Holdings Corp (CHRN) grant to its CTO?
ChronoScale granted CTO Jegannathan Rajasekar 1,400,000 restricted stock units (RSUs) on July 22, 2026. Each RSU represents a contingent right to receive one share of common stock of ChronoScale Holdings Corporation, subject to a multi-year vesting schedule and service conditions.
How do the CTO’s RSUs at ChronoScale (CHRN) vest over time?
One-third of the 1,400,000 RSUs vests on June 1, 2027, the Cliff Date. One-sixth of the remaining RSUs then vests in equal installments every six months, with all RSUs fully vested by June 1, 2029, if service continues.
What are the service conditions tied to the ChronoScale (CHRN) CTO’s RSU grant?
Vesting of the 1,400,000 RSUs requires the CTO’s continuous service with ChronoScale Holdings Corporation through each vesting date. The award is also subject to accelerated vesting upon certain conditions, as defined in the award’s terms and company agreements.
Is there a purchase price for the CTO’s ChronoScale (CHRN) RSU grant?
The RSU grant shows a per-share price of $0.00, reflecting a grant or award acquisition rather than a market purchase. RSUs are typically settled in shares upon vesting, subject to the award’s conditions and any applicable tax withholding.