[Form 4] DATA I/O CORP Insider Trading Activity
Charles J. DiBona, Vice President & CFO of Data I/O Corp (DAIO), received an initial RSU inducement grant of 100,000 shares on 09/01/2025 as reported on Form 4. The restricted stock units vest annually over three years and are reported as direct ownership of 100,000 shares following the grant. The fair market value per share used for the disclosure is $3.1543, calculated as the average of the high and low price for the day. The Form 4 is signed on 09/30/2025 and notes the grant was made upon hiring.
- Alignment with shareholders: 100,000 RSUs vesting over three years ties executive compensation to long-term share performance.
- Clear disclosure: Form 4 specifies grant date, amount, vesting schedule, FMV per share, and that the grant was an inducement upon hiring.
- None.
Insights
TL;DR: New executive RSU of 100,000 shares aligns compensation with shareholder value but is routine for hiring.
The grant of 100,000 RSUs to the newly hired VP & CFO creates immediate alignment between management and shareholders by converting pay into equity that vests over time. The reported FMV of $3.1543 per share provides a notional value for the grant, but no cash transaction or option exercise is involved. Because the award is an inducement RSU and vests annually over three years, its economic impact depends on future share performance and the company's total share count, which are not detailed in this filing.
TL;DR: Inducement RSU on hiring is standard governance practice; disclosure is timely and clear.
The Form 4 discloses the grant date, amount, vesting schedule, and reporting person, meeting Section 16 reporting requirements. Labeling the award as an "initial RSU inducement grant upon hiring" indicates a retention and alignment purpose. The filing does not include plan-level details, performance conditions, or company-wide equity expense information, so assessment of governance quality is limited to the adequacy of the disclosure provided here.