[Form 4] Intrusion Inc New Insider Trading Activity
Rhea-AI Filing Summary
Intrusion, Inc. director Dion Hinchcliffe received 40,462 restricted stock units of the company's common stock on 08/19/2025 as part of the 2021 Omnibus Incentive Plan for non-employee directors. The reported transaction lists a price of $1.73 and shows the reporting person beneficially owns 91,186 shares following the award. The restricted stock units fully vest on the anniversary of the award date, meaning they will convert to shares at that time if vesting conditions are met. The Form 4 was submitted by a single reporting person and is signed by the reporting person.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director received a routine RSU grant increasing beneficial ownership to 91,186 shares; transaction appears compensation-related, not a market trade.
The 40,462 restricted stock units awarded under the 2021 Omnibus Incentive Plan represent non-cash compensation for a non-employee director. The transaction increases the director's reported beneficial ownership to 91,186 shares, improving insider alignment with shareholders. The award carries a price field of $1.73 in the filing, and the RSUs fully vest on the award anniversary, which means share issuance is contingent on the lapse of the vesting period rather than an immediate open-market purchase. This is a routine governance/compensation disclosure rather than a liquidity or financing event.
TL;DR: This is a standard director compensation grant under the company omnibus plan, noted with vesting tied to an anniversary date.
The Form 4 documents an equity-based compensation award to a director under the 2021 Omnibus Incentive Plan. The explicit statement that RSUs fully vest on the anniversary of the award clarifies the timing of potential share issuance. From a governance perspective, disclosing the grant and updating beneficial ownership is consistent with Section 16 obligations and provides transparency about insider incentives. No additional governance actions or departures are reported in this filing.