ChronoScale director granted 200,000 restricted shares
Cummins Wes reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Cummins Wes reported acquisition or exercise transactions in this Form 4 filing.
ChronoScale Corp director Wes Cummins received a grant of 200,000 restricted shares of common stock as equity compensation. The grant was made on May 14, 2026 and all shares are held directly, bringing his reported direct common stock holdings to 200,000 shares.
According to the vesting schedule, 100,000 restricted shares will vest on the one-year anniversary of the grant date and the remaining 100,000 will vest on the two-year anniversary, conditioned on his continuous service with the company and subject to possible adjustment or accelerated vesting upon certain conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 200,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted shares of common stock of ChronoScale Corporation (the "Issuer") granted on May 14, 2026 (the "Grant Date") which vest as follows: (i) 100,000 restricted shares will vest on the one-year anniversary of the Grant Date; and (ii) 100,000 restricted shares will vest on the two-year anniversary of the Grant Date, subject to the Reporting Person's continuous service with the Issuer through the applicable vesting date and subject to adjustment or accelerated vesting upon certain conditions.
Key Figures
Key Terms
Grant Date financial
vesting financial
accelerated vesting financial
FAQ
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What did Wes Cummins acquire in this ChronoScale (CHRN) Form 4 filing?
What are Wes Cummins’ reported ChronoScale (CHRN) holdings after this grant?
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