CISO Global (CISO) CFO RSU vesting adds 73,850 common shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
CISO Global Chief Financial Officer Debra Lou Smith acquired 73,850 shares of common stock on June 13, 2026 through the vesting of previously granted restricted stock units. These shares relate to a 2025 RSU grant covering 400,000 shares that vests over four years. The initial 25% tranche vested on June 13, 2026, resulting in a net issuance of 73,850 shares after withholding. Following this transaction, Smith directly holds 73,850 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Debra Lou
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 73,850 | $0.29 | $21K |
Holdings After Transaction:
Common Stock — 73,850 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 73,850 shares were issued.
Key Figures
Shares acquired: 73,850 shares
Transaction price per share: $0.29 per share
2025 RSU grant size: 400,000 shares
+4 more
7 metrics
Shares acquired
73,850 shares
Net common shares issued on June 13, 2026 RSU vesting
Transaction price per share
$0.29 per share
Reported price for the 73,850 common shares
2025 RSU grant size
400,000 shares
Total common shares covered by 2025 restricted stock unit grant
Initial vesting portion
25%
Portion of 2025 RSU vesting on June 13, 2026
Ongoing vesting rate
6.25% per quarter
Vests at end of each three-month period after first anniversary
Full vesting schedule
100% by 4th anniversary
2025 RSU fully vested on fourth anniversary of grant date
Shares owned after transaction
73,850 shares
Direct holdings of Debra Lou Smith following RSU vesting
Key Terms
Restricted Stock Unit, RSU, 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.
RSU financial
"The 2025 RSU will vest with respect to 25% of the underlying shares"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
vest financial
"The 2025 RSU will vest with respect to 25% of the underlying shares"
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"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did CISO (CISO) report for Debra Lou Smith?
CISO Global reported that CFO Debra Lou Smith acquired 73,850 common shares. The shares were issued upon vesting of a previously granted restricted stock unit award tied to her 2025 equity compensation package.
What are the terms of the 2025 RSU grant disclosed by CISO (CISO)?
The 2025 RSU grant covers 400,000 shares of CISO Global common stock. It vests 25% on June 13, 2026, with 6.25% vesting every three months afterward so it fully vests on the fourth anniversary of the grant date.
When did the CISO Global (CISO) CFO’s RSUs first vest?
The initial 25% of the 2025 restricted stock unit grant vested on June 13, 2026. That vesting event triggered the net issuance of 73,850 CISO Global common shares to Chief Financial Officer Debra Lou Smith.
Is the CISO Global (CISO) CFO’s transaction an open-market stock purchase?
No, the transaction is not an open-market purchase. The shares were acquired through the exercise of derivative securities, specifically the vesting and settlement of a restricted stock unit grant awarded as part of compensation.