GenFlat Holdings (GFLT) cancels and replaces 330,000 RSUs for its president
Rhea-AI Filing Summary
GenFlat Holdings, Inc. President Hall Garrett Ryan reported equity award changes. On May 12, 2026, a prior grant of 330,000 RSUs under the 2020 Equity Incentive Plan was mutually cancelled. On July 20, 2026, 330,000 RSUs vested and converted into 330,000 shares of common stock, leaving him with 330,000 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 330,000 shares
Net Buy
3 txns
Insider
Hall Garrett Ryan
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F3 | 330,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 330,000 | $0.00 | $0.00 |
| Disposition | Restricted Stock Unit F1, F2 | 330,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 330,000 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
- F2. Represents a February 4, 2026 grant of RSUs under the Issuer's 2020 Equity Incentive Plan. 330,000 RSU's scheduled to vest on February 28, 2026. On May 12, 2026, the Issuer and reporting person mutually rescinded, revoked, annulled, voided and cancelled the RSU's in their entirety.
- F3. Represents a grant of RSUs under the Issuer's 2020 Equity Incentive Plan, which vest on July 20, 2026, the date of grant.
Key Figures
RSUs cancelled: 330,000 units
RSUs vested and converted: 330,000 units
Common shares acquired: 330,000 shares
+1 more
4 metrics
RSUs cancelled
330,000 units
February 4, 2026 RSU grant fully rescinded on May 12, 2026
RSUs vested and converted
330,000 units
RSUs vested on July 20, 2026 and converted into common stock
Common shares acquired
330,000 shares
Shares issued July 20, 2026 upon settlement of vested RSUs
Shares held after transaction
330,000 shares
Direct ownership of GenFlat common stock after July 20, 2026
Key Terms
Restricted Stock Unit, 2020 Equity Incentive Plan, Disposition to issuer
3 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents the contingent right to receive"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2020 Equity Incentive Plan financial
"Represents a February 4, 2026 grant of RSUs under the Issuer's 2020 Equity Incentive Plan"
Disposition to issuer financial
"Transaction coded as "Disposition to issuer" for the cancelled RSUs"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did GenFlat Holdings (GFLT) report for President Hall Garrett Ryan?
GenFlat reported that President Hall Garrett Ryan had a prior 330,000 RSU grant cancelled on May 12, 2026, and a separate 330,000 RSU award vested and converted into 330,000 common shares on July 20, 2026.
What happened to the February 2026 RSU grant for Hall Garrett Ryan at GenFlat (GFLT)?
A February 4, 2026 grant of 330,000 RSUs, scheduled to vest on February 28, 2026, was fully rescinded and cancelled by mutual agreement between GenFlat and Hall Garrett Ryan on May 12, 2026, so no shares were issued from that award.
Were GenFlat (GFLT) insider transactions for Hall Garrett Ryan under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox in the filing was not marked as affirmative, and the footnotes do not reference any trading plan, indicating these equity award changes were not reported as occurring under a Rule 10b5-1 arrangement.