CNS Pharmaceuticals CFO granted 9,500 RSUs
O'Loughlin Steve reported acquisition or exercise transactions in this Form 4 filing.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,500 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Company common stock.
- F2. 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.
- F3. Issued in connection with the reporting person's employment with the Company.
FAQ
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What did CNSP report about its CFO in this Form 4 filing?
How many restricted stock units did the CNSP CFO receive?
What does each CNSP restricted stock unit represent in this grant?
What is the vesting schedule for the CNSP CFO’s 9,500 RSUs?
Why were these CNSP restricted stock units issued to the CFO?
Are the CNSP CFO’s restricted stock units immediately vested or subject to conditions?
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