Creative Realities CEO buys 200,000 shares
CREATIVE REALITIES, INC.
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Rhea-AI Filing Summary
CREATIVE REALITIES, INC. Chief Executive Officer Richard C. Mills reported an open-market purchase of 200,000 shares of Common Stock at $3.50 per share. After this transaction, he directly owns 952,601 common shares and indirectly holds 29,325 shares through RFK Communications, LLC, over which he has voting and investment power.
The filing also notes a grant of 450,000 Restricted Stock Units (RSUs) under the company’s 2023 Stock Incentive Plan. These RSUs vest in three tranches of 150,000 units on December 31, 2025, July 3, 2027, and July 3, 2028, with potential acceleration upon certain events such as death, disability, qualifying termination, or a defined Sale Transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 200,000 | $3.50 | $700K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Includes 450,000 Restricted Stock Units ("RSUs") granted to Reporting Person by Issuer pursuant to a Restricted Stock Unit Agreement in accordance with Issuer's 2023 Stock Incentive Plan, as amended (the "Plan"). The RSUs vest as follows: 150,000 vested on December 31, 2025, 150,000 vest on July 3, 2027 and 150,000 vest on July 3, 2028, subject to acceleration upon the earliest of Reporting Person's death or disability, termination of employment without "cause" by Issuer, or the occurrence of a "Sale Transaction" (as defined in the Plan). Vested RSUs will be settled upon the earliest of Reporting Person's death or disability, termination of employment, or the occurrence of a Sale Transaction that is also a change in control event within the meaning of Internal Revenue Code Section 409A.
- F2. The Reporting Person is a principal of RFK Communications, LLC and has voting and investment power for this entity.
Key Figures
Key Terms
Restricted Stock Units financial
2023 Stock Incentive Plan financial
Sale Transaction financial
Internal Revenue Code Section 409A financial
open-market purchase financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CREX CEO Richard Mills report?
What Restricted Stock Units (RSUs) are disclosed for CREX CEO Mills?
How do the CREX CEO’s RSUs vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.