GridAI (GRDX) CEO Jason Sawyer gains two 250K share awards via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GridAI Technologies Corp. director and Chief Executive Officer Jason David Sawyer reported two stock awards tied to earlier restricted stock unit (RSU) grants. He acquired 250,000 shares of common stock on March 31, 2026 and another 250,000 shares on June 30, 2026, both at no cash cost, as RSUs vested upon meeting performance objectives. These awards stem from a December 19, 2025 grant of 1,000,000 RSUs. Following the June 30 vesting, he holds 540,000 shares of GridAI common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sawyer Jason David
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 250,000 | $0.00 | -- |
| Grant/Award | Common Stock | 250,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 540,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,000,000 restricted stock units
First RSU vesting: 250,000 shares
Second RSU vesting: 250,000 shares
+2 more
5 metrics
RSU grant size
1,000,000 restricted stock units
Granted on December 19, 2025 to the CEO
First RSU vesting
250,000 shares
Vested on March 31, 2026 based on performance objectives
Second RSU vesting
250,000 shares
Vested on June 30, 2026 based on performance objectives
Shares after June 30 vesting
540,000 shares
Common stock held directly following June 30, 2026 transaction
Award price per share
$0.0000 per share
Recorded price for both stock award acquisitions
Key Terms
restricted stock units, vested, performance objectives, grant, award, or other acquisition
4 terms
restricted stock units financial
"the Reporting Person was granted 1,000,000 restricted stock units."
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.
vested financial
"250,000 restricted stock units vested on March 31, 2026 and an additional 250,000 restricted stock units vested on June 30, 2026"
performance objectives financial
"in each case, based on satisfaction of performance objectives."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did GridAI (GRDX) report for Jason David Sawyer?
GridAI reported that CEO and director Jason David Sawyer acquired two blocks of 250,000 common shares each through vested restricted stock units. These awards vested on March 31, 2026 and June 30, 2026, based on performance objectives, and were recorded as grant or award acquisitions, not open‑market purchases.
Did the GridAI (GRDX) Form 4 disclose any sales or disposals by the CEO?
No sales or disposals are reported. The transaction summary shows two acquisition entries and zero sell, gift, tax withholding, or restructuring transactions. Both reported movements involve stock awards vesting into common shares rather than any disposition of existing holdings.