INTZ Form 4: Director Receives 40,462 Restricted Stock Units
Rhea-AI Filing Summary
Reporting person: MCCALLUM KATRINKA, listed as a director of Intrusion Inc (INTZ). On 08/19/2025 she was awarded 40,462 shares of common stock as restricted stock units at an indicated price of $1.73 per share. After the reported transaction, the filing shows 98,366 shares beneficially owned by the reporting person. The explanation states these were restricted stock units granted under the 2021 Omnibus Incentive Plan for non-employee directors and that the restricted stock units fully vest on the anniversary of the award date. The Form 4 is signed by the reporting person on 08/21/2025.
Positive
- Director received 40,462 RSUs, increasing her stake to 98,366 shares, which aligns director compensation with shareholder interests
- RSUs vest on the anniversary of the award, creating a retention incentive
Negative
- None.
Insights
TL;DR: Director received RSUs increasing her beneficial ownership, aligning her compensation with shareholder outcomes.
The filing documents a grant of 40,462 restricted stock units to the director under the company's 2021 Omnibus Incentive Plan. Such awards for non-employee directors are typical compensation mechanisms to align board members with shareholder interests. The units vest on the anniversary of the award, indicating a time-based retention feature rather than immediate liquidity. The transaction increases reported beneficial ownership to 98,366 shares, which may modestly strengthen director alignment but does not by itself indicate any change in governance control or board composition.
TL;DR: Non-cash equity award recorded; transaction is a standard director compensation event with limited market impact.
The Form 4 shows an acquisition coded as an award of restricted stock units rather than an open-market purchase. The price shown ($1.73) is listed with the RSU award; RSUs typically convert to shares upon vesting. The increase to 98,366 beneficially owned shares quantifies the director's stake but the filing contains no information on total shares outstanding or percentage ownership, so market impact cannot be assessed from this form alone. This disclosure meets Section 16 reporting requirements for insider changes in ownership.