Inuvo (INUV) corrects 30,702-unit RSU grant date for director
Rhea-AI Filing Summary
Inuvo, Inc. (INUV) reports an amended insider transaction for a director. The reporting person, a director of Inuvo, received a grant of 30,702 Restricted Stock Units on July 1, 2026, recorded as a derivative security with no cash exercise price.
Each restricted stock unit represents a contingent right to receive one share of Inuvo common stock, for a total of 30,702 underlying shares, with both the exercise and expiration date shown as January 1, 2027. The amendment corrects the exercisable date disclosure from July 1, 2027 to January 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Howe Richard K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F1 | 30,702 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 30,702 shares (Direct)
Footnotes (1)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
Key Figures
RSUs Granted: 30,702 units
Price per RSU: $0.0000 per unit
RSUs Held After Transaction: 30,702 units
+2 more
5 metrics
RSUs Granted
30,702 units
Restricted Stock Units granted to a director on July 1, 2026
Price per RSU
$0.0000 per unit
Reported transaction price per Restricted Stock Unit
RSUs Held After Transaction
30,702 units
Total derivative securities following the RSU grant
Exercise Date
January 1, 2027
Exercise date for the reported Restricted Stock Units
Expiration Date
January 1, 2027
Expiration date for the reported Restricted Stock Units
Key Terms
Restricted Stock Unit, derivative security, contingent right
3 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"The RSUs are reported as a derivative security with no cash exercise price"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one share of Issuer's Common Stock"
FAQ
What insider transaction did Inuvo, Inc. (INUV) report in this amended Form 4?
Inuvo, Inc. reported that a director received a grant of 30,702 Restricted Stock Units on July 1, 2026. These RSUs are derivative securities representing rights to future Inuvo common shares, rather than a cash purchase or sale in the market.
Why was this Form 4 for INUV filed as an amendment (Form 4/A)?
The Form 4 was amended to correct the exercisable date of the restricted stock units. The date was revised from July 1, 2027 to January 1, 2027, clarifying when the RSUs become exercisable into common shares.
What are the key dates for the Inuvo (INUV) RSU grant to the director?
The RSU grant date is July 1, 2026, with both the exercise date and expiration date shown as January 1, 2027. The amendment specifically corrects the exercisable date to January 1, 2027 for these units.
How many derivative securities does the Inuvo director hold after this RSU transaction?
Following the reported grant, the director’s holdings in this derivative security are 30,702 Restricted Stock Units. Each RSU corresponds to one share of Inuvo common stock, contingent on the terms of the award.
AI-generated analysis. How Rhea-AI works. Not financial advice.