Genius Sports (NYSE: GENI) CEO Mark Locke reports 20M+ shares, major RSU grants
Rhea-AI Filing Summary
Genius Sports Ltd chief executive Mark Locke has filed an initial Form 3 showing his equity stake in the company. He directly holds 20,063,016 Ordinary Shares. In addition, he reports several restricted share unit (RSU) awards, each representing the right to receive one Ordinary Share if service-based vesting conditions are met.
The RSU positions cover 87,512 underlying Ordinary Shares granted on April 3, 2024 that vest on January 1, 2027; 197,347 underlying shares granted on April 10, 2025 that vest in two equal annual installments on January 1, 2027 and January 1, 2028; 120,000 underlying shares granted on May 13, 2025 that vest on March 20, 2026; and 508,548 underlying shares granted on March 17, 2026 that vest in three equal annual installments on March 17 of 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- The reported securities represent restricted share units ("RSUs"), which each represent the contingent right to receive one Ordinary Share, subject to the Reporting Person's continued service through the applicable vesting date. These RSUs were granted on April 3, 2024 and vest on January 1, 2027. These RSUs were granted on April 10, 2025 and vest in two equal annual installments on January 1, 2027 and January 1, 2028. These RSUs were granted on May 13, 2025 and vest on March 20, 2026. These RSUs were granted on March 17, 2026 and vest in three equal annual installments on March 17 of each of 2027, 2028 and 2029.