Genasys director granted 47,620 RSUs
Genasys Inc. director Susan Lee Schmeiser reported receiving a grant of 47,620 shares of common stock in the form of restricted stock units at no cash cost.
Rhea-AI Filing Summary
Genasys Inc. director Susan Lee Schmeiser reported receiving a grant of 47,620 shares of common stock in the form of restricted stock units at no cash cost. These RSUs vest upon the earlier of the company’s 2027 annual shareholder meeting or a change of control event. Each RSU converts into one share of common stock, deliverable only in shares. Following this grant, her reported direct holdings total 193,256 shares of Genasys common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 47,620 shares
Grant/Award
1 txn
Insider
Schmeiser Susan Lee
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 47,620 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 193,256 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units (RSUs) that vest upon the earlier of (i) the date of the Company's 2027 annual shareholder meeting or (ii) a change of control event. Each RSU represents a contingent right to one share of the Company's common stock and is eligible to be settled solely in shares of the Company's common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Genasys (GNSS) disclose for Susan Lee Schmeiser?
Genasys Inc. disclosed that director Susan Lee Schmeiser received a grant of 47,620 restricted stock units. The RSUs were awarded at no cash cost and each unit represents a contingent right to receive one share of Genasys common stock, settled solely in shares.
What are the vesting terms of the 47,620 RSUs granted by Genasys (GNSS)?
The 47,620 restricted stock units vest upon the earlier of Genasys Inc.’s 2027 annual shareholder meeting or a change of control event. Once vested, each RSU entitles the holder to receive one share of the company’s common stock, settled only in shares.
What type of security was granted to the Genasys (GNSS) director in this Form 4?
The director was granted restricted stock units linked to Genasys common stock. Each RSU provides a contingent right to receive one share of common stock, and all units are eligible to be settled solely in shares after the stated vesting conditions are met.
AI-generated analysis. How Rhea-AI works. Not financial advice.