Nauticus Robotics (KITT) director converts 2,162 RSUs into common stock
Rhea-AI Filing Summary
Nauticus Robotics director Adam Sharkawy reported the vesting and conversion of equity awards. On May 27, 2026, 2,162 Restricted Stock Units under the 2022 Omnibus Incentive Plan, adjusted for a 1-for-8 reverse stock split effective April 21, 2026, converted into 2,162 shares of common stock. After this equity award conversion, Sharkawy directly owned 2,543 common shares of Nauticus Robotics.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,162 shares
Net Buy
2 txns
Insider
Sharkawy Adam
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F1, F3 | 2,162 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,162 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 2,543 shares (Direct)
Footnotes (3)
- F1. Adjusted to reflect 1 for 8 reverse stock split on April 21, 2026.
- F2. Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 2022 Omnibus Incentive Plan and represents a contingent right to receive one share of common stock, and vesting generally is subject to the reporting person remaining an employee or director of the Company, its affiliates or subsidiaries.
- F3. The RSUs vest on the earlier of (i) May 27, 2026, or (ii) the date immediately preceding the Company's 2026 annual meeting of stockholders.
Key Figures
RSUs converted: 2,162 units
Common shares acquired: 2,162 shares
Common shares owned after: 2,543 shares
+2 more
5 metrics
RSUs converted
2,162 units
Restricted Stock Units converted to common stock on May 27, 2026
Common shares acquired
2,162 shares
Shares received upon RSU conversion on May 27, 2026
Common shares owned after
2,543 shares
Direct holdings of Adam Sharkawy following the reported transactions
Reverse stock split ratio
1-for-8
Reverse stock split effective April 21, 2026, used to adjust share figures
Transaction date
May 27, 2026
Date of RSU conversion and corresponding common share issuance
Key Terms
Restricted Stock Unit, 2022 Omnibus Incentive Plan, reverse stock split, vesting
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 2022 Omnibus Incentive Plan"
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.
2022 Omnibus Incentive Plan financial
"Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 2022 Omnibus Incentive Plan"
reverse stock split financial
"Adjusted to reflect 1 for 8 reverse stock split on April 21, 2026."
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
vesting financial
"and vesting generally is subject to the reporting person remaining an employee or director"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Nauticus Robotics (KITT) director Adam Sharkawy report?
Director Adam Sharkawy reported the conversion of 2,162 Restricted Stock Units into 2,162 shares of common stock on May 27, 2026. The RSUs were granted under Nauticus Robotics’ 2022 Omnibus Incentive Plan and converted as part of an equity award vesting event.
What was the size of the RSU award converted by Nauticus Robotics (KITT) director Adam Sharkawy?
Adam Sharkawy converted an RSU award covering 2,162 Restricted Stock Units, each representing the right to receive one share of common stock. These units were issued under the 2022 Omnibus Incentive Plan and converted into an equal number of common shares.
Under what plan were Nauticus Robotics (KITT) director Adam Sharkawy’s RSUs granted?
The Restricted Stock Units were granted under Nauticus Robotics’ 2022 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of common stock, with vesting generally conditioned on continued service as an employee or director.
When did Nauticus Robotics (KITT) director Adam Sharkawy’s RSUs vest according to the disclosure?
The RSUs vest on the earlier of May 27, 2026 or the date immediately preceding Nauticus Robotics’ 2026 annual stockholders meeting. The reported May 27, 2026 transaction reflects conversion of 2,162 RSUs into common stock in connection with this vesting schedule.