CISO Global (CISO) CEO gains 138K shares as 2025 RSUs vest
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
CISO Global, Inc. reported that Chief Executive Officer David Grant Jemmett acquired additional common stock through restricted stock unit vesting. On June 13, 2026, an initial portion of a prior 400,000-share RSU grant vested, resulting in a net issuance of 138,468 common shares at a reference price of $0.29 per share.
The RSU grant was originally awarded on June 13, 2025, with 25% of the underlying shares scheduled to vest on June 13, 2026 and the remaining 6.25% vesting after each subsequent three-month period until the fourth anniversary of the grant date. Following this vesting event, the CEO directly holds 4,567,468 shares of CISO Global common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jemmett David Grant
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 138,468 | $0.29 | $40K |
Holdings After Transaction:
Common Stock — 4,567,468 shares (Direct, null)
Footnotes (1)
- On June 13, 2025 (the "Grant Date"), the Reporting Person was granted a Restricted Stock Unit grant for 400,000 shares of common stock (the "2025 RSU"). Each restricted stock unit represented a contingent right to receive one share of issuer's common stock. The 2025 RSU will vest with respect to 25% of the underlying shares on June 13, 2026, and 6.25% shall vest at the end of each three-month period following the first anniversary of the Grant Date, such that 100% shall be vested on the fourth anniversary of the Grant Date. On June 13, 2026, the initial 25% of the 2025 RSU vested. A net number of 138,468 shares were issued.
Key Figures
RSU grant size: 400,000 shares
Initial RSU vesting: 138,468 shares
Transaction price per share: $0.29 per share
+4 more
7 metrics
RSU grant size
400,000 shares
Restricted Stock Unit grant on June 13, 2025
Initial RSU vesting
138,468 shares
Net shares issued on June 13, 2026
Transaction price per share
<money>$0.29</money> per share
Reference price for June 13, 2026 transaction
Post-transaction holdings
4,567,468 shares
CEO direct common stock ownership after vesting
Initial vesting percentage
25%
Portion of 2025 RSU vesting on June 13, 2026
Ongoing vesting rate
6.25%
Vests at end of each three-month period after first anniversary
Full vesting schedule
100% by fourth anniversary
2025 RSU fully vested on fourth anniversary of grant date
Key Terms
Restricted Stock Unit, Grant Date, vest, contingent right, +1 more
5 terms
Restricted Stock Unit financial
"the Reporting Person was granted a Restricted Stock Unit grant for 400,000 shares of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Grant Date financial
"On June 13, 2025 (the "Grant Date"), the Reporting Person was granted a Restricted Stock Unit"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
vest financial
"The 2025 RSU will vest with respect to 25% of the underlying shares on June 13, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each restricted stock unit represented a contingent right to receive one share of issuer's common stock"
fourth anniversary financial
"such that 100% shall be vested on the fourth anniversary of the Grant Date"
FAQ
What insider transaction did CISO (CISO) report for its CEO?
CISO Global’s CEO acquired shares through restricted stock unit vesting. On June 13, 2026, 25% of a prior RSU grant vested, issuing a net 138,468 common shares, increasing his direct ownership position in the company’s stock.
What are the vesting terms of the CEO’s 2025 CISO Global RSU grant?
The 2025 RSU grant covers 400,000 CISO Global shares. It vests 25% on June 13, 2026, then 6.25% at the end of each three-month period afterward, so the award becomes fully vested on the fourth anniversary of the June 13, 2025 grant date.
Was the CISO CEO’s transaction an open-market stock purchase or sale?
The CEO’s transaction was not an open-market trade; it was an RSU vesting. The Form 4/A records an acquisition from the exercise or conversion of a derivative security, issuing shares as part of previously granted equity compensation rather than a market purchase.