ABTC awards 477,708 RSUs to its President
Prusak Matthew reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Prusak Matthew reported acquisition or exercise transactions in this Form 4 filing.
American Bitcoin Corp. reported that its President and Interim CFO, Matthew Prusak, received a grant of 477,708 restricted stock units. Each RSU represents a contingent right to receive one share of Class C common stock. The RSUs vest in three equal annual installments on the first, second and third anniversaries of the grant date, aligning the executive’s compensation with longer-term company performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 477,708 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class C Common Stock, par value $0.0001 per share, of American Bitcoin Corp. (the "Company").
- F2. These RSUs vest ratably in three equal annual installments on each of the first, second and third anniversaries of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did American Bitcoin Corp. (ABTC) report in this Form 4 for Matthew Prusak?
How many restricted stock units were granted to the ABTC President and Interim CFO?
What does each ABTC restricted stock unit in this filing represent?
What is the vesting schedule for the 477,708 ABTC restricted stock units?
How many ABTC restricted stock units does Matthew Prusak hold after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.