Csquare, Inc. (CSQR) grants COO 266,666 shares and RSUs
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
Analyzing...
Insider Trade Summary
Net Buyer: 266,666 shares
Net Buy
3 txns
Insider
Charnock Sean Patrick
Role
Chief Operating Officer
| 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 |
Holdings After Transaction:
Restricted Stock Units — 351,570 shares (Direct);
Common Stock — 266,666 shares (Direct)
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
Common stock grant: 266,666 shares at $21.0000
Time-vested common shares: 200,000 shares
IPO rollover RSU grant: 330,142 RSUs
+1 more
4 metrics
Common stock grant
266,666 shares at $21.0000
Shares of common stock issued to COO Sean Patrick Charnock on 2026-07-15 as a result of the IPO
Time-vested common shares
200,000 shares
Portion of the common stock grant subject to time-based vesting; 1/3 vests on April 30, 2027 and the next two anniversaries
IPO rollover RSU grant
330,142 RSUs
Restricted stock units granted under the 2026 Omnibus Incentive Plan, vesting in equal annual installments over five years from March 30, 2027
Additional RSU grant
21,428 RSUs
Restricted stock units granted under the Omnibus Incentive Plan, vesting in equal annual installments over three years from July 15, 2027
Key Terms
restricted stock unit, IPO rollover restricted stock units, Omnibus Incentive Plan, time-based vesting conditions
4 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share 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.
IPO rollover restricted stock units financial
"Consists of IPO rollover restricted stock units granted to the Reporting Person under the Csquare, Inc."
Omnibus Incentive Plan financial
"granted to the Reporting Person under the Csquare, Inc. 2026 Omnibus Incentive Plan (the "Omnibus Incentive Plan")"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
time-based vesting conditions financial
"200,000 shares remain subject to time-based vesting conditions, with 1/3 vesting on each of April 30, 2027"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity awards were reported for CSQR COO Sean Patrick Charnock?
Chief Operating Officer Sean Patrick Charnock received 266,666 common shares at $21 per share, plus 330,142 IPO rollover RSUs and 21,428 additional RSUs. All RSUs are granted under Csquare’s 2026 Omnibus Incentive Plan and settle in common stock upon vesting.
What are the details of the 330,142 RSUs granted to the CSQR COO?
The COO received 330,142 IPO rollover restricted stock units, each representing one share of common stock. These RSUs were granted under the 2026 Omnibus Incentive Plan and vest in equal annual installments over five years, beginning on March 30, 2027.
How do the additional 21,428 RSUs for CSQR’s COO vest?
Charnock also received 21,428 restricted stock units under the Omnibus Incentive Plan. These RSUs vest in equal annual installments over three years, with the initial vesting date on July 15, 2027, and each unit represents a right to one share of common stock.
Are the CSQR insider transactions open-market purchases or equity awards?
All reported transactions are grant or award acquisitions, not open-market purchases. They include common stock issued as a result of the IPO and restricted stock units granted under Csquare’s 2026 Omnibus Incentive Plan, with vesting schedules extending over multiple years.
What does each RSU reported for CSQR’s COO represent?
Each restricted stock unit reported for Csquare’s COO represents a contingent right to receive one share of Csquare common stock. Settlement occurs as the units vest under the specified schedules in the 2026 Omnibus Incentive Plan and related IPO rollover arrangements.