Data I/O Corp (DAIO) director granted 16,260 RSUs at $3.555 fair value
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SMITH EDWARD J reported acquisition or exercise transactions in this Form 4 filing.
DATA I/O CORP director Edward J. Smith received a grant of 16,260 shares of common stock in the form of restricted stock units at a fair market value of $3.555 per share. The RSUs vest over the earlier of 1 year or the next Annual Meeting of Shareholders. Following this award, Smith holds 79,375 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SMITH EDWARD J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,260 | $3.555 | $58K |
Holdings After Transaction:
Common Stock — 79,375 shares (Direct, null)
Footnotes (1)
- RSU grant, vests over the earlier of 1 year or the next Annual Meeting of Shareholders. FMV price is the average of high low for the day.
Key Figures
RSUs granted: 16,260 shares
Grant fair market value: $3.555 per share
Shares held after grant: 79,375 shares
+1 more
4 metrics
RSUs granted
16,260 shares
Restricted stock unit grant to director Edward J. Smith
Grant fair market value
$3.555 per share
FMV price based on average of high and low for the day
Shares held after grant
79,375 shares
Total common shares directly owned by Edward J. Smith following the award
Vesting period
1 year
RSUs vest over earlier of 1 year or next Annual Meeting of Shareholders
Key Terms
RSU grant, fair market value, Annual Meeting of Shareholders
3 terms
RSU grant financial
"RSU grant, vests over the earlier of 1 year or the next Annual Meeting"
fair market value financial
"FMV price is the average of high low for the day."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
FAQ
What did DATA I/O CORP (DAIO) director Edward J. Smith report on this Form 4?
Edward J. Smith reported a grant of 16,260 restricted stock units of DATA I/O CORP common stock, awarded at a fair market value of $3.555 per share.
What is the vesting schedule for Edward J. Smith’s DAIO RSU grant?
The 16,260 RSUs granted to Edward J. Smith vest over the earlier of 1 year or the next Annual Meeting of Shareholders, as described in the footnotes.
At what price were Edward J. Smith’s DAIO RSUs valued on the grant date?
The restricted stock unit grant to Edward J. Smith was valued at a fair market value price of $3.555 per share, based on the average of the day’s high and low prices.
Is Edward J. Smith’s DAIO Form 4 transaction an open-market purchase or a grant?
The Form 4 reports a grant/award acquisition of 16,260 RSUs, not an open‑market purchase, with the transaction coded as a grant of common stock.