ChronoScale Corp (CHRN) director awarded 200,000 restricted shares vesting over two years
Rhea-AI Filing Summary
CLANCY WILLIAM M reported acquisition or exercise transactions in this Form 4 filing.
ChronoScale Corp director William M. Clancy received a grant of 200,000 restricted shares of common stock as equity compensation. The shares were awarded at no cash purchase price and are held directly.
According to the vesting schedule, 100,000 restricted shares will vest on the one-year anniversary of the May 14, 2026 grant date, and another 100,000 will vest on the two-year anniversary. Vesting requires his continuous service with the company through each vesting date, with potential adjustments or accelerated vesting under certain conditions. After this grant, Clancy owns 200,000 shares of ChronoScale common stock directly.
Positive
- None.
Negative
- None.
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 May 14, 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
FAQ
What insider transaction did ChronoScale Corp (CHRN) report for William M. Clancy?
What is the vesting schedule for William M. Clancy’s CHRN restricted stock grant?
Are there any conditions attached to William M. Clancy’s CHRN restricted stock grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.