Fusemachines (FUSE) director awarded 50,000 RSUs in equity grant
Rhea-AI Filing Summary
Fusemachines Inc. reported that director Alam Salman received an equity award in the form of 50,000 shares of common stock on January 6, 2025. The transaction is coded as an acquisition at a price of $0.00 per share, reflecting a grant of restricted stock units under the company’s 2025 Omnibus Equity Incentive Plan. Following this grant, Salman beneficially owns 100,000 shares of Fusemachines common stock in direct ownership. The RSUs vest in two equal installments over a one-year period, and each RSU represents a contingent right to receive one share of common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $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.
FAQ
What insider transaction did Fusemachines (FUSE) report for Alam Salman?
Fusemachines reported that director Alam Salman acquired 50,000 shares of common stock through a restricted stock unit grant on January 6, 2025.
What type of equity award did Fusemachines grant to director Alam Salman?
The grant consists of restricted stock units (RSUs) under Fusemachines’ 2025 Omnibus Equity Incentive Plan, with each RSU representing a contingent right to receive one share of common stock.
How do Alam Salman’s RSUs at Fusemachines vest?
The RSU award to Alam Salman vests in two equal installments over a one-year period, as disclosed in the filing footnotes.
Is Alam Salman’s ownership in Fusemachines direct or indirect?
The filing states that the 100,000 shares beneficially owned by Alam Salman following the transaction are held with direct (D) ownership.