InfuSystem (INFU) grants RSUs and stock options to EVP Jerod Funke
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InfuSystem Holdings, Inc executive Jerod Funke, EVP–Chief HR Officer, reported new equity compensation awards. He received 11,478 restricted stock units, which each convert into one share of common stock and vest in three equal annual installments beginning on May 12, 2027.
He was also granted a stock option for 23,913 shares of common stock at an exercise price of $8.37 per share, vesting in four equal annual installments beginning May 12, 2027 and expiring on May 12, 2036. Following these awards, he holds 18,662 shares of common stock directly, alongside the new unvested RSUs and options.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Funke Jerod
Role
EVP-Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 23,913 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 11,478 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 23,913 shares (Direct, null);
Restricted Stock Units — 11,478 shares (Direct, null);
Common Stock — 18,662 shares (Direct, null)
Footnotes (1)
- The option, representing the right to purchase a total of 23,913 shares of InfuSystem Holdings, Inc. common stock, vests in four equal annual installments beginning May 12, 2027. Restricted stock units convert into common stock on a one-for-one basis. These restricted stock units vest in three equal annual installments beginning on May 12, 2027.
Key Figures
Restricted stock units granted: 11,478 units
Stock options granted: 23,913 options
Option exercise price: $8.37 per share
+4 more
7 metrics
Restricted stock units granted
11,478 units
Award to EVP Jerod Funke on May 12, 2026
Stock options granted
23,913 options
Award to EVP Jerod Funke on May 12, 2026
Option exercise price
$8.37 per share
Stock Option (right to buy) underlying common stock
Option expiration date
May 12, 2036
Stock Option (right to buy) term end
RSU vesting start
May 12, 2027
RSUs vest in three equal annual installments
Option vesting start
May 12, 2027
Options vest in four equal annual installments
Common shares held after
18,662 shares
Direct InfuSystem common stock holdings after reported transactions
Key Terms
Restricted stock units, Stock Option (right to buy), vests in four equal annual installments, vest in three equal annual installments
4 terms
Restricted stock units financial
"Restricted stock units convert into common stock on a one-for-one basis."
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.
Stock Option (right to buy) financial
"Stock Option (right to buy) for 23,913 shares at $8.37 per share."
vests in four equal annual installments financial
"The option ... vests in four equal annual installments beginning May 12, 2027."
vest in three equal annual installments financial
"These restricted stock units vest in three equal annual installments beginning on May 12, 2027."
FAQ
What equity awards did InfuSystem (INFU) EVP Jerod Funke receive?
Jerod Funke received 11,478 restricted stock units and a stock option for 23,913 shares. These awards are compensation grants, not open-market trades, and give him additional potential ownership in InfuSystem over future years.
At what price can Jerod Funke exercise his new InfuSystem stock options?
The new stock option grants allow Jerod Funke to buy 23,913 InfuSystem shares at $8.37 per share. This fixed exercise price applies through the option term, which runs until May 12, 2036, subject to the option vesting schedule.
When do Jerod Funke’s InfuSystem restricted stock units vest?
Jerod Funke’s 11,478 restricted stock units vest in three equal annual installments starting May 12, 2027. As each tranche vests, units convert into common stock on a one-for-one basis, increasing his actual share holdings over time.
What is the vesting schedule for Jerod Funke’s new InfuSystem stock options?
The option for 23,913 shares vests in four equal annual installments beginning May 12, 2027. Each year, one-quarter of the option becomes exercisable, allowing him to purchase that portion of shares at the $8.37 exercise price.
Do Jerod Funke’s InfuSystem restricted stock units convert into common stock?
Yes. Each restricted stock unit converts into one share of InfuSystem common stock. The 11,478 units will convert as they vest in three equal annual installments beginning May 12, 2027, gradually increasing his direct share ownership.