Genasys (GNSS) CFO forfeits 11,667 performance-based RSUs after 2026 target miss
Rhea-AI Filing Summary
Genasys Inc. officer Cassandra L. Hernandez-Monteon, CFO/Treasurer/Secretary, reported a disposition to the issuer of 11,667 shares of common stock on May 14, 2026. This reflects the forfeiture of 11,667 restricted stock units that were subject to performance-based vesting because one of three fiscal 2026 performance measures was not achieved; the forfeiture was for no consideration. Following the transaction, she holds 76,039 shares of common stock directly and an additional 1,913 shares indirectly through her spouse, for which she disclaims beneficial ownership except to the extent of her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,667 shares
Net Sell
2 txns
Insider
HERNANDEZ-MONTEON CASSANDRA L
Role
CFO/Treasurer/Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 11,667 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 76,039 shares (Direct);
Common Stock — 1,913 shares (Indirect, See Footnote)
Footnotes (2)
- F1. Represents the forfeiture of 11,667 restricted stock units that were subject to performance-based vesting, granted to the Reporting Person on December 24, 2025 under the Issuer's 2025 Equity Incentive Plan, because one of the three performance measures for fiscal year 2026 was not achieved. Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock. The forfeiture was for no consideration.
- F2. Shares held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares except to the extent of their pecuniary interest.
Key Figures
Restricted stock units forfeited: 11,667 shares
Direct common shares held after transaction: 76,039 shares
Indirect common shares held after transaction: 1,913 shares
+2 more
5 metrics
Restricted stock units forfeited
11,667 shares
Performance-based RSUs forfeited to issuer on May 14, 2026 for no consideration
Direct common shares held after transaction
76,039 shares
Shares of Genasys common stock held directly by Cassandra L. Hernandez-Monteon after forfeiture
Indirect common shares held after transaction
1,913 shares
Shares held by reporting person’s spouse; beneficial ownership disclaimed except for pecuniary interest
Per-share consideration for forfeiture
$0.0000 per share
Forfeiture of 11,667 RSUs to issuer was for no consideration
Grant date of forfeited RSUs
December 24, 2025
Date the 11,667 performance-based RSUs were granted under the 2025 Equity Incentive Plan
Key Terms
restricted stock units, performance-based vesting, Equity Incentive Plan, beneficial ownership
4 terms
restricted stock units financial
"Represents the forfeiture of 11,667 restricted stock units that were subject"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based vesting financial
"restricted stock units that were subject to performance-based vesting, granted"
Equity Incentive Plan financial
"granted to the Reporting Person on December 24, 2025 under the Issuer's 2025 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these shares except"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Genasys (GNSS) report for Cassandra L. Hernandez-Monteon?
Genasys reported that Cassandra L. Hernandez-Monteon had 11,667 restricted stock units forfeited on May 14, 2026. The units, tied to performance-based vesting, were returned to the issuer for no consideration after one of three fiscal 2026 performance measures was not achieved.
What are Cassandra L. Hernandez-Monteon’s Genasys (GNSS) holdings after the transaction?
After the reported forfeiture, she directly holds 76,039 shares of Genasys common stock. She also reports 1,913 shares held indirectly by her spouse and disclaims beneficial ownership of those shares except for any pecuniary interest.
Why were the 11,667 Genasys (GNSS) restricted stock units forfeited?
The 11,667 restricted stock units were forfeited because one of three performance measures for Genasys’ fiscal year 2026 was not achieved. These units were subject to performance-based vesting under the company’s 2025 Equity Incentive Plan and were forfeited for no consideration.