Kardigan (KARD) Chief Strategy Officer receives 79,640 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pasternak Andy reported acquisition or exercise transactions in this Form 4 filing.
Kardigan, Inc.'s Chief Strategy Officer Andy Pasternak received a grant of 79,640 restricted stock units, each representing one share of common stock at no purchase price. These RSUs vest in full on June 17, 2028, contingent on his continued service, and equal his reported direct holdings after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pasternak Andy
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 79,640 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 79,640 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 79,640 units
Price per RSU: $0.0000 per unit
Holdings after grant: 79,640 shares
+1 more
4 metrics
RSUs granted
79,640 units
Restricted stock unit grant to Chief Strategy Officer on June 17, 2026
Price per RSU
$0.0000 per unit
Grant/award acquisition of RSUs
Holdings after grant
79,640 shares
Total direct holdings following transaction
Vesting date
June 17, 2028
RSUs vest in full on this date, subject to continuous service
Key Terms
restricted stock unit ("RSU"), contingent right, vest in full, continuous service
4 terms
restricted stock unit ("RSU") financial
"Each share is represented by a restricted stock unit ("RSU")."
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock"
vest in full financial
"The RSUs vest in full on June 17, 2028"
continuous service financial
"subject to the Reporting Person's continuous service as of the applicable vesting date"
FAQ
What did Kardigan (KARD) disclose in this Form 4 for Andy Pasternak?
Kardigan disclosed that Chief Strategy Officer Andy Pasternak received 79,640 restricted stock units. Each RSU represents one share of common stock, granted at no purchase price, as part of his equity-based compensation package.
When do Andy Pasternak’s Kardigan (KARD) RSUs from this grant vest?
The 79,640 restricted stock units vest in full on June 17, 2028. Vesting is conditioned on Pasternak’s continuous service with Kardigan through that date before the RSUs can settle into common shares.
What is the exercise or purchase price for the Kardigan (KARD) RSUs granted to Andy Pasternak?
The RSUs were granted at a price of $0.0000 per unit, meaning no cash purchase is required. Instead, each vested RSU entitles Pasternak to receive one share of Kardigan common stock upon settlement.
Are Andy Pasternak’s Kardigan (KARD) RSUs immediately transferable or unrestricted?
The RSUs are not immediately unrestricted; they vest in full on June 17, 2028. Until vesting and settlement into shares occur, they represent a contingent right rather than freely tradable common stock.