9,500 RSUs awarded to CNS Pharmaceuticals (CNSP) CFO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
O'Loughlin Steve reported acquisition or exercise transactions in this Form 4 filing.
CNS Pharmaceuticals, Inc. reported that Chief Financial Officer Steve O'Loughlin received a grant of 9,500 restricted stock units on March 2, 2026. Each restricted stock unit represents a contingent right to receive one share of the company’s common stock, issued in connection with his employment.
The award vests over time: 25% on the six-month anniversary of the grant date, another 25% on the twelve-month anniversary, and the remaining 50% in twelve quarterly installments thereafter, subject to his continued employment on each vesting date. Following this grant, he holds 9,500 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Loughlin Steve
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 9,500 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Company common stock. The restricted stock units set forth in the table vest as follows: 25% on the six-month anniversary of the transaction date, 25% on the twelve-month anniversary of the transaction date, and the remaining 50% in twelve quarterly installments thereafter, subject to the reporting person's continued employment on each vesting date. Issued in connection with the reporting person's employment with the Company.
FAQ
What did CNSP report about its CFO in this Form 4 filing?
CNS Pharmaceuticals (CNSP) reported that Chief Financial Officer Steve O'Loughlin received 9,500 restricted stock units on March 2, 2026. These equity awards are tied to his employment and vest over time if he remains with the company.
How many restricted stock units did the CNSP CFO receive?
The CNS Pharmaceuticals (CNSP) Chief Financial Officer received 9,500 restricted stock units. After this grant, his reported direct holdings total 9,500 restricted stock units, each representing a contingent right to receive one share of company common stock upon vesting and settlement.
What does each CNSP restricted stock unit represent in this grant?
Each restricted stock unit granted to the CNS Pharmaceuticals (CNSP) CFO represents a contingent right to receive one share of the company’s common stock. Actual share delivery depends on the units vesting under the specified schedule and the executive remaining employed through each vesting date.
What is the vesting schedule for the CNSP CFO’s 9,500 RSUs?
The CNS Pharmaceuticals (CNSP) CFO’s 9,500 restricted stock units vest 25% six months after the grant date, another 25% twelve months after the grant date, and the remaining 50% in twelve quarterly installments, all conditioned on his continued employment at each vesting date.
Why were these CNSP restricted stock units issued to the CFO?
The restricted stock units were issued in connection with the CNS Pharmaceuticals (CNSP) CFO’s employment. This type of equity compensation is commonly used to align an executive’s interests with shareholders by delivering company stock over time as service-based vesting conditions are met.
Are the CNSP CFO’s restricted stock units immediately vested or subject to conditions?
The CNS Pharmaceuticals (CNSP) CFO’s restricted stock units are subject to a multi-stage vesting schedule and are not fully vested immediately. Vesting occurs at six and twelve months, then through twelve quarterly installments, contingent on his continued employment on each vesting date.