[Form 4] Intrusion Inc New Insider Trading Activity
Rhea-AI Filing Summary
Anthony J. Levecchio, a director of Intrusion Inc. (INTZ), was awarded 40,462 restricted stock units (RSUs) on 08/19/2025 at a reported price of $1.73 per share equivalent. After the grant, the reporting person beneficially owns 120,131 shares. The RSUs were granted under the 2021 Intrusion, Inc. Omnibus Incentive Plan for non-employee directors and fully vest on the anniversary of the award date. The Form 4 was signed on 08/21/2025 and was filed by one reporting person.
Positive
- Director alignment: 40,462 RSUs granted aligns the directors interests with shareholders.
- Increased insider ownership: Beneficial ownership rose to 120,131 shares following the award.
- Clear vesting terms: RSUs fully vest on the anniversary of the award date, as disclosed.
Negative
- None.
Insights
TL;DR: Routine director equity grant increases insider ownership to 120,131 shares; not an immediate cash transaction and vests on the award anniversary.
The award of 40,462 RSUs to a director represents a standard compensation mechanism to align management and board incentives with shareholders. Because these are restricted stock units, there is no immediate transfer of common shares until vesting occurs, so the transaction is a non-cash grant reported as an acquisition on Form 4. The increase to 120,131 beneficially owned shares is a useful data point for modeling insider alignment but does not itself change outstanding share count until RSUs convert to shares.
TL;DR: Governance practice appears routine: director equity awarded under the omnibus plan with time-based vesting; disclosure is timely.
The grant is reported as being made under the companys 2021 Omnibus Incentive Plan for non-employee directors and carries an anniversary vesting schedule, which is a common governance practice to promote retention and alignment. The Form 4 filing was signed and dated promptly, indicating compliance with Section 16 reporting requirements. There are no additional disclosure elements, such as performance conditions or accelerated vesting, included in this filing.