Genius Sports (NYSE: GENI) CLO nets shares after 35,000 RSUs vest
Rhea-AI Filing Summary
Genius Sports Ltd Chief Legal Officer Russell Thomas exercised 35,000 Restricted Share Units into Ordinary Shares on March 20, 2026. These RSUs represented the right to receive one Ordinary Share each, subject to continued service through the vesting date.
To cover tax obligations, 16,450 Ordinary Shares were disposed of by share withholding at $4.53 per share. After these compensation-related transactions, Thomas holds 521,467 Ordinary Shares directly, reflecting a net increase in his equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 18,550 shares
Net Buy
3 txns
Insider
Russell Thomas
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units (May 2025) | 35,000 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 35,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 16,450 | $4.53 | $75K |
Holdings After Transaction:
Restricted Share Units (May 2025) — 0 shares (Direct);
Ordinary Shares — 521,467 shares (Direct)
Footnotes (1)
- F1. The reported securities represent restricted share units, which each represent the contingent right to receive one Ordinary Share, subject to the Reporting Person's continued service through the applicable vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Genius Sports (GENI) insider Russell Thomas do in this Form 4?
Russell Thomas exercised 35,000 Restricted Share Units into Ordinary Shares and had 16,450 shares withheld for taxes. Following these compensation-related transactions, he directly holds 521,467 Ordinary Shares in Genius Sports Ltd.
What is Russell Thomas’s ownership in Genius Sports (GENI) after these transactions?
After exercising RSUs and the related tax withholding, Russell Thomas directly owns 521,467 Ordinary Shares. This figure reflects his updated equity stake following the March 20, 2026 compensation-related transactions reported in the Form 4.
Were these Genius Sports (GENI) transactions open-market buys or sells?
No, the transactions were not open-market trades. They involved exercising 35,000 Restricted Share Units into Ordinary Shares and a related tax-withholding disposition of 16,450 shares, which is a standard mechanism to cover tax obligations on equity awards.