Inuvo (INUV) COO and director receive 3,000 shares from RSU settlement
Rhea-AI Filing Summary
Inuvo, Inc. reported that Chief Operating Officer and director Robert C. Buchner acquired common stock through the settlement of equity awards. On January 8, 2026, 3,000 restricted stock units were converted into 3,000 shares of common stock at an exercise price of $0.0000 per share. Following this transaction, Buchner directly holds 3,000 shares of Inuvo common stock. The number of restricted stock units and underlying shares reflects a 1-for-10 reverse stock split that occurred on June 10, 2025.
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FAQ
What insider transaction did Inuvo (INUV) report for Robert C. Buchner?
Inuvo reported that Chief Operating Officer and director Robert C. Buchner converted 3,000 restricted stock units into 3,000 shares of common stock on January 8, 2026.
How many Inuvo (INUV) shares does Robert C. Buchner own after this transaction?
After the reported transaction, Robert C. Buchner beneficially owns 3,000 shares of Inuvo common stock in direct ownership.
What was the price for the restricted stock unit conversion reported by Inuvo (INUV)?
The 3,000 restricted stock units converted into common stock at an exercise price of $0.0000 per share, meaning no cash payment was required for the conversion.
What does the restricted stock unit disclosure mean for Inuvo (INUV) shareholders?
Each restricted stock unit represented a contingent right to receive one share of Inuvo common stock, and 3,000 such units were settled into shares held directly by the company’s Chief Operating Officer.
How did Inuvo’s prior reverse stock split affect this Form 4 transaction?
The filing notes that the reported 3,000 restricted stock units and shares are adjusted for a 1-for-10 reverse stock split that occurred on June 10, 2025.
What roles does the reporting person in this Inuvo (INUV) Form 4 hold at the company?
The reporting person, Robert C. Buchner, serves as both a director and the Chief Operating Officer of Inuvo, Inc.