Csquare COO receives new stock and RSU awards
Csquare, Inc. reported that Chief Operating Officer Sean Patrick Charnock acquired 266,666 shares of common stock at $21 per share as a result of the IPO, with 200,000 shares subject to time-based vesting, 1/3 on April 30, 2027 and the next two anniversaries.
Rhea-AI Filing Summary
Csquare, Inc. reported that Chief Operating Officer Sean Patrick Charnock acquired 266,666 shares of common stock at $21 per share as a result of the IPO, with 200,000 shares subject to time-based vesting, 1/3 on April 30, 2027 and the next two anniversaries.
He also received 330,142 IPO rollover restricted stock units and 21,428 additional restricted stock units under the 2026 Omnibus Incentive Plan, each RSU representing one share of common stock and vesting in equal annual installments starting on March 30, 2027 and July 15, 2027, respectively.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F2, F3 | 330,142 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F2, F4 | 21,428 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 266,666 | $21.00 | $5.60M |
Footnotes (4)
- F1. As a result of the initial public offering ("IPO") of Csquare, Inc. (the "Issuer"), reflects the issuance of shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock"). Of the amount reported, 200,000 shares remain subject to time-based vesting conditions, with 1/3 vesting on each of April 30, 2027 and the next two anniversaries thereafter.
- F2. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F3. Consists of IPO rollover restricted stock units granted to the Reporting Person under the Csquare, Inc. 2026 Omnibus Incentive Plan (the "Omnibus Incentive Plan") that will vest in equal annual installments over five years, with an initial vesting date of March 30, 2027.
- F4. Consists of restricted stock units granted to the Reporting Person under the Omnibus Incentive Plan that will vest in equal annual installments over three years, with an initial vesting date of July 15, 2027.
Key Figures
Key Terms
restricted stock unit financial
IPO rollover restricted stock units financial
Omnibus Incentive Plan financial
time-based vesting conditions financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity awards were reported for CSQR COO Sean Patrick Charnock?
What are the details of the 330,142 RSUs granted to the CSQR COO?
How do the additional 21,428 RSUs for CSQR’s COO vest?
Are the CSQR insider transactions open-market purchases or equity awards?
What does each RSU reported for CSQR’s COO represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.