Jones Soda (JSDA) director converts 121,213 RSUs into common stock
Rhea-AI Filing Summary
Jones Soda director Gregg Reichman reported the vesting and conversion of 121,213 restricted stock units into an equal number of common shares on July 31, 2026. The RSUs required no cash payment on vesting. Following the transaction, he directly holds 1,997,882 common shares and 121,212 RSUs from this grant, with the remaining units scheduled to vest later in 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 121,213 shares
Net Buy
2 txns
Insider
Reichman Gregg
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 121,213 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 121,213 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 121,212 shares (Direct);
Common Stock — 1,997,882 shares (Direct)
Footnotes (3)
- F1. Restricted stock units ("RSUs") converted into shares of the issuer's common stock on a one-for-one basis on the vesting date. RSUs do not require the holder to pay any consideration on vesting.
- F2. Each RSU represents a contingent right to receive one (1) share of the issuer's common stock upon settlement.
- F3. On July 15, 2026, the reporting person was granted 242,425 RSUs, of which 50% vested into shares on July 31, 2026, an additional 25% are scheduled to vest into shares on September 30, 2026, and the remaining 25% are scheduled to vest into shares on December 31, 2026. Upon vesting, the reporting person will receive a number of shares of the issuer's common stock equal to the number of RSUs that vest on that date.
Key Figures
RSUs converted to common stock: 121,213 shares
Common stock held after vesting: 1,997,882 shares
RSUs remaining after conversion: 121,212 units
+2 more
5 metrics
RSUs converted to common stock
121,213 shares
Restricted stock units vested and converted on July 31, 2026
Common stock held after vesting
1,997,882 shares
Direct common stock ownership following the July 31, 2026 transaction
RSUs remaining after conversion
121,212 units
Restricted stock units outstanding after July 31, 2026 vesting
RSUs granted July 15, 2026
242,425 units
Grant to Gregg Reichman with vesting through December 31, 2026
Initial vesting portion of RSU grant
50%
Portion of July 15, 2026 RSU grant that vested on July 31, 2026
Key Terms
Restricted stock units, vesting date, contingent right, settlement
4 terms
Restricted stock units financial
"Restricted stock units ("RSUs") converted into shares of the issuer's common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting date financial
"converted into shares of the issuer's common stock on the vesting date."
contingent right financial
"Each RSU represents a contingent right to receive one (1) share"
settlement financial
"one (1) share of the issuer's common stock upon settlement."
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transaction did Gregg Reichman report for JSDA?
Director Gregg Reichman reported the vesting and conversion of 121,213 restricted stock units into the same number of common shares on July 31, 2026. These RSUs required no cash payment, reflecting equity compensation rather than an open-market purchase or sale.
How many restricted stock units remain for Gregg Reichman at Jones Soda (JSDA)?
Following the July 31, 2026 vesting, Reichman has 121,212 restricted stock units remaining from this grant. These RSUs are scheduled to vest in two additional tranches later in 2026, converting into an equal number of common shares upon vesting.
What was the size and structure of Gregg Reichman’s RSU grant at JSDA in 2026?
On July 15, 2026, Reichman was granted 242,425 restricted stock units. 50% vested into shares on July 31, 2026, while an additional 25% are scheduled to vest on September 30, 2026 and the remaining 25% on December 31, 2026.
Was Gregg Reichman’s JSDA transaction reported under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox was not selected. The reported activity reflects RSU vesting and share issuance, and there is no indication in the disclosure that these transactions were executed pursuant to an affirmed Rule 10b5-1 trading plan.