Genasys director awarded 48,498 RSUs
Genasys Inc. director Lawrence F. Hagenbuch received an equity grant of 48,498 restricted stock units (RSUs), each representing one share of Genasys common stock.
Rhea-AI Filing Summary
Genasys Inc. director Lawrence F. Hagenbuch received an equity grant of 48,498 restricted stock units (RSUs), each representing one share of Genasys common stock. The RSUs were granted as part of the company’s standard compensation for non-employee directors and carry no cash exercise price.
The RSUs vest on the earlier of the company’s 2027 annual shareholder meeting or a change of control. After this grant, Hagenbuch holds 48,498 shares or share-settled units directly, aligning his compensation further with shareholder equity performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 48,498 shares
Grant/Award
1 txn
Insider
Hagenbuch Lawrence F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 48,498 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 48,498 shares (Direct)
Footnotes (1)
- F1. Represents pro-rata restricted stock units (RSUs) granted in accordance with the Company's compensation practice for non-employee directors. The RSUs vest on the earlier of (i) the date of the Company's 2027 annual shareholder meeting or (ii) a change of control. Each RSU represents the right to receive one share of the Company's common stock and will be settled only in shares.
Key Figures
RSUs granted: 48,498 units
Price per share: $0.0000
Holdings after grant: 48,498 shares/units
+1 more
4 metrics
RSUs granted
48,498 units
Restricted stock unit award to non-employee director
Price per share
$0.0000
Grant price for RSU award
Holdings after grant
48,498 shares/units
Total direct position following the RSU grant
Vesting trigger
2027 shareholder meeting / change of control
Earlier of these events determines RSU vesting
Key Terms
restricted stock units, RSUs, change of control, non-employee directors, +1 more
5 terms
restricted stock units financial
"Represents pro-rata restricted stock units (RSUs) granted in accordance with the Company's compensation practice"
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.
RSUs financial
"The RSUs vest on the earlier of (i) the date of the Company's 2027 annual shareholder meeting or (ii) a change of control."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
change of control regulatory
"The RSUs vest on the earlier of (i) the date of the Company's 2027 annual shareholder meeting or (ii) a change of control."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
non-employee directors financial
"RSUs granted in accordance with the Company's compensation practice for non-employee directors."
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Genasys (GNSS) report for Lawrence F. Hagenbuch?
Genasys reported that director Lawrence F. Hagenbuch received a grant of 48,498 restricted stock units. These RSUs were awarded as part of non-employee director compensation and will settle in common shares, increasing his equity-based stake in the company.
What are the vesting terms of the Genasys (GNSS) RSUs granted to Lawrence F. Hagenbuch?
The 48,498 restricted stock units vest on the earlier of Genasys’ 2027 annual shareholder meeting or a change of control. Once vested, each RSU converts into one share of Genasys common stock, settled exclusively in shares, not cash.
Was cash paid for the Genasys (GNSS) RSU grant to Lawrence F. Hagenbuch?
No cash was paid for the award; the filing lists a price per share of 0.0000. This indicates the RSUs were granted as compensation to a non-employee director rather than purchased in an open-market transaction or option exercise.
Is the Genasys (GNSS) RSU award to Lawrence F. Hagenbuch an open-market buy or sale?
The award is not an open-market buy or sale. It is classified as an acquisition under transaction code “A,” meaning a grant or award of restricted stock units as compensation, rather than a discretionary purchase or sale on the stock market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
