GridAI Technologies Corp. (GRDX) director receives 40,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Syage Jack reported acquisition or exercise transactions in this Form 4 filing.
GridAI Technologies Corp. director Jack Syage reported an equity grant on Form 4. On January 1, 2026, he was awarded 40,000 restricted stock units that are settled in common shares with par value $0.0001 per share. The footnote states these RSUs vested immediately upon issuance, giving Syage direct ownership of 40,000 shares after the transaction. This is a compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Syage Jack
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 40,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 40,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 40,000 units
Price per share: $0.0000
Shares owned after grant: 40,000 shares
+1 more
4 metrics
RSUs granted
40,000 units
Restricted stock units granted to director on January 1, 2026
Price per share
$0.0000
Reported transaction price per share for the RSU grant
Shares owned after grant
40,000 shares
Total common shares directly owned by Jack Syage after transaction
Par value
$0.0001 per share
Par value of GridAI Technologies common stock linked to the RSUs
Key Terms
restricted stock units, vested immediately, par value, Form 4
4 terms
restricted stock units financial
"the Reporting Person was granted 40,000 restricted stock units, which will be settled in shares of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vested immediately financial
"The restricted stock units vested immediately upon issuance on January 1, 2026"
par value financial
"settled in shares of common stock, par value $0.0001"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did GridAI Technologies Corp. (GRDX) report on this Form 4?
GridAI Technologies Corp. reported that director Jack Syage received 40,000 restricted stock units on January 1, 2026. These units are settled in common stock and represent a compensation-related equity grant rather than an open-market trade.
Was Jack Syage’s GridAI Technologies stock transaction a market buy or sell?
The transaction was not a market buy or sell; it was a grant. The Form 4 shows an “A” code, indicating an award of 40,000 restricted stock units as compensation, with a reported price per share of $0.0000.
When did the 40,000 restricted stock units for Jack Syage vest at GridAI Technologies?
The 40,000 restricted stock units vested immediately on January 1, 2026. The footnote explains that the RSUs were granted and became fully vested upon issuance, providing Jack Syage with direct ownership of the corresponding common shares.
What is Jack Syage’s direct ownership in GridAI Technologies after this Form 4 transaction?
After this transaction, Jack Syage directly owns 40,000 shares of GridAI Technologies common stock. The Form 4 indicates total shares following the transaction are 40,000, all tied to the immediately vested restricted stock unit grant.