Hycroft SVP granted 11,113 RSUs in equity award
Hycroft Mining Holding Corp reported that SVP and General Manager Thomas David Brian received an award of 11,113 restricted stock units (RSUs) of Class A common stock at no cash price as part of his compensation.
Rhea-AI Filing Summary
Hycroft Mining Holding Corp reported that SVP and General Manager Thomas David Brian received an award of 11,113 restricted stock units (RSUs) of Class A common stock at no cash price as part of his compensation. Following this grant, he directly holds 202,374 shares of common stock.
The RSUs vest over three years, subject to his continued employment. 33% of the units vest on March 9, 2027, another 33% on March 9, 2028, and the remaining 34% on March 9, 2029. Each vested RSU converts into one share of Class A common stock on its vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 11,113 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the award of restricted stock units ("RSUs") by the issuer. Subject to the reporting person's continued employment with the issuer, 33% of the RSUs vest on each of March 9, 2027 and March 9, 2028 and 34% vest on March 9, 2029. Each RSU represents a contingent right to receive one share of the issuer's Class A common stock (the "Common Stock"). On the respective vesting date, vested RSUs will convert into shares of Common Stock on a one-to-one basis.
FAQ
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What insider transaction did Hycroft Mining (HYMC) report for Thomas David Brian?
What is the vesting schedule for Thomas David Brian’s 11,113 RSUs at Hycroft Mining (HYMC)?
What does each restricted stock unit (RSU) represent in the Hycroft Mining (HYMC) Form 4?
Was cash paid for the 11,113 Hycroft Mining (HYMC) RSUs granted to Thomas David Brian?
Is the Hycroft Mining (HYMC) RSU grant to Thomas David Brian an open-market transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.