ITG director buys shares and receives RSU grant
ITG director Francis A. Braun III reported new equity holdings in the company.
Rhea-AI Filing Summary
ITG director Francis A. Braun III reported new equity holdings in the company. He acquired 1,200 shares of Class A common stock at $16.00 per share, purchased through a directed share program connected to the company’s initial public offering.
He was also granted 7,500 restricted stock units (RSUs), each representing one share of Class A common stock upon vesting. These RSUs vest in full on the earlier of the day immediately preceding the first annual stockholder meeting after the grant date or the one-year anniversary of the grant, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 7,500 | $0.00 | $0.00 |
| Purchase | Class A common stock | 1,200 | $16.00 | $19K |
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of Class A common stock upon vesting. The RSUs shall vest in full on the earlier of (i) the day immediately preceding the date of the first annual meeting of the Issuer's stockholders following the date of grant and (ii) the one-year anniversary of the date of grant, in each case, subject to the Reporting Person's continued service through the applicable vesting date.
- F2. Represents shares of Class A common stock acquired pursuant to a directed share program as part of the issuer's initial public offering.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
initial public offering financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did ITG (ITG) director Francis A. Braun III report on this Form 4?
What is the size and nature of the equity award ITG (ITG) granted to the director?
When do the 7,500 ITG (ITG) restricted stock units vest for the director?
Were any derivative securities or option exercises reported in this ITG (ITG) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.