Fusemachines (NASDAQ: FUSE) CEO receives 475,000 RSUs in equity grant
Rhea-AI Filing Summary
Fusemachines Inc. reported that Chief Executive Officer and director Sameer Maskey received an award of 475,000 restricted stock units on 01/06/2025. The grant was made at a price of $0.00 per unit under the company's 2025 Omnibus Equity Incentive Plan, and the RSUs vest in two equal installments over a one-year period. Each RSU represents a contingent right to receive one share of Fusemachines common stock.
After this award, Maskey directly beneficially owned 4,602,708 shares of common stock. He also had indirect beneficial ownership of 329,014 shares held by his spouse, and 658,029 shares held by Maskey Everest Trust and 658,029 shares held by Maskey Annapurna Trust, where he exercises voting or dispositive control but disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| Grant/Award | Common Stock | 475,000 | $0.00 | -- |
Footnotes (1)
- Restricted Stock Unit ("RSU") award under the issuer's 2025 Omnibus Equity Incentive Plan, which vest in two equal installments over a one-year period. Each RSU represents a contingent right to receive one share of the issuer's common stock. These shares are held by Maskey Everest Trust. The Reporting Person exercises voting or dispositive control over the securities held by Maskey Everest Trust and may be deemed to be the beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of the securities held by the Maskey Everest Trust except to the extent of his pecuniary interest therein. The Maskey Everest Trust is a trust established for the benefit of certain family members of the Reporting Person. These shares are held by Maskey Annapurna Trust. The Reporting Person exercises voting or dispositive control over the securities held by Maskey Annapurna Trust and may be deemed to be the beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of the securities held by the Maskey Annapurna Trust except to the extent of his pecuniary interest therein. The Maskey Annapurna Trust is a trust established for the benefit of certain family members of the Reporting Person.
FAQ
What insider equity award did Fusemachines (FUSE) disclose for its CEO?
Fusemachines disclosed that Chief Executive Officer and director Sameer Maskey received an award of 475,000 restricted stock units of common stock on 01/06/2025.
How do the new RSUs for the Fusemachines (FUSE) CEO vest?
The 475,000 RSUs granted to Sameer Maskey under Fusemachines' 2025 Omnibus Equity Incentive Plan vest in two equal installments over a one-year period.
What does each RSU granted to the Fusemachines CEO represent?
Each restricted stock unit granted to the CEO represents a contingent right to receive one share of Fusemachines common stock, according to the filing.
Did the Fusemachines CEO pay anything for the 475,000 RSUs?
No. The filing states that the 475,000 RSUs were acquired at a price of $0.00 per unit.