Kardigan (KARD) director awarded 20,706 restricted stock units
Rhea-AI Filing Summary
Popovits Kimberly J reported acquisition or exercise transactions in this Form 4 filing.
Kardigan, Inc. director Kimberly J. Popovits received an equity award of 20,706 restricted stock units. Each RSU represents a contingent right to receive one share of Kardigan common stock upon settlement. The RSUs vest in full on June 17, 2028, if she remains in continuous service through that date, and her direct holdings after this grant are 20,706 shares-equivalent.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,706 shares
Net Buy
1 txn
Insider
Popovits Kimberly J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,706 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 20,706 shares (Direct)
Footnotes (1)
- F1. Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest in full on June 17, 2028, subject to the Reporting Person's continuous service as of the applicable vesting date.
Key Figures
RSU grant size: 20,706 units
Grant price per share: $0.00 per share
Holdings after transaction: 20,706 shares-equivalent
+1 more
4 metrics
RSU grant size
20,706 units
Restricted stock units granted on June 17, 2026
Grant price per share
$0.00 per share
Compensation award, not a market purchase
Holdings after transaction
20,706 shares-equivalent
Direct ownership following the RSU grant
Vesting date
June 17, 2028
RSUs vest in full on this date if service continues
Key Terms
restricted stock unit, RSU, contingent right, continuous service
4 terms
restricted stock unit financial
"Each share is represented by a restricted stock unit ("RSU")."
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.
RSU financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement."
continuous service financial
"The RSUs vest in full on June 17, 2028, subject to the Reporting Person's continuous service as of the applicable vesting date."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Kardigan (KARD) disclose in this Form 4 filing?
Kardigan reported an equity grant to director Kimberly J. Popovits. She received 20,706 restricted stock units, each representing one future share of common stock, subject to vesting and continuous service requirements through June 17, 2028.
When do the Kardigan (KARD) RSUs granted to Kimberly Popovits vest?
The RSUs vest in full on June 17, 2028. Vesting is contingent on her continuous service with Kardigan through that date, meaning she must remain in her role for the entire vesting period to receive the underlying shares.
What is Kimberly Popovits’s Kardigan (KARD) ownership after this transaction?
After the grant, she holds 20,706 shares-equivalent directly. This total reflects the RSU award reported in the Form 4, which represents a contingent right to receive the same number of Kardigan common shares once the units vest and settle.