Nauticus Robotics (KITT) awards 48,241 RSUs to board director
Rhea-AI Filing Summary
Bellingham Jim reported acquisition or exercise transactions in this Form 4 filing.
Nauticus Robotics, Inc. director Jim Bellingham received a grant of 48,241 restricted stock units (RSUs) under the company’s 2022 Omnibus Incentive Plan. Each RSU represents a contingent right to one share of common stock and will vest if he remains in service until the earlier of May 27, 2026 or the date immediately before the 2027 annual meeting of stockholders. Following this award, he directly holds 48,241 RSUs.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bellingham Jim
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F1, F2 | 48,241 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 48,241 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. The RSUs vest on the earlier of (i) May 27, 2026, or (ii) the date immediately preceding the Company's 2027 annual meeting of stockholders.
Key Figures
RSUs granted: 48,241 units
Underlying common shares: 48,241 shares
Vesting date trigger: May 27, 2026
+1 more
4 metrics
RSUs granted
48,241 units
Restricted Stock Units granted to director Jim Bellingham on 2026-07-23
Underlying common shares
48,241 shares
Each RSU represents a contingent right to receive one common share
Vesting date trigger
May 27, 2026
RSUs vest on the earlier of this date or immediately before the 2027 annual meeting
Grant price
$0.0000 per share
Reported transaction price per share for the RSU award
Key Terms
Restricted Stock Unit, 2022 Omnibus Incentive Plan, contingent right to receive one share of common stock, annual meeting of stockholders
4 terms
Restricted Stock Unit financial
"Security reported is a Restricted Stock Unit representing future common shares"
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 RSU is issued under the Company’s 2022 Omnibus Incentive Plan"
annual meeting of stockholders financial
"RSUs vest by May 27, 2026 or before the 2027 annual meeting of stockholders"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Nauticus Robotics (KITT) report for Jim Bellingham?
Nauticus Robotics reported that director Jim Bellingham received 48,241 restricted stock units (RSUs). These RSUs are a form of equity compensation that can convert into common stock if specific vesting conditions tied to continued service on the board are met.
How many RSUs did Jim Bellingham receive from Nauticus Robotics (KITT)?
Jim Bellingham received 48,241 RSUs from Nauticus Robotics. Each RSU is linked to one share of common stock, meaning the award represents a potential 48,241 common shares if all vesting requirements are satisfied over time.
When do Jim Bellingham’s Nauticus Robotics (KITT) RSUs vest?
The RSUs vest on the earlier of May 27, 2026 or the date immediately preceding Nauticus Robotics’ 2027 annual meeting of stockholders. Vesting also depends on Bellingham continuing as an employee or director of the company, its affiliates, or subsidiaries.
What does each RSU in Nauticus Robotics (KITT) represent for Jim Bellingham?
Each RSU granted to Jim Bellingham represents a contingent right to receive one share of common stock. He will only receive the underlying shares if the vesting schedule and service-based conditions outlined in the company’s 2022 Omnibus Incentive Plan are fulfilled.
Under which plan were the Nauticus Robotics (KITT) RSUs granted to Jim Bellingham?
The RSUs were issued under Nauticus Robotics’ 2022 Omnibus Incentive Plan. This equity plan governs awards such as restricted stock units and sets the terms for vesting, service conditions, and the conversion of RSUs into common shares for eligible participants.
How many Nauticus Robotics (KITT) RSUs does Jim Bellingham hold after this transaction?
After this reported transaction, Jim Bellingham directly holds 48,241 RSUs. These units correspond to a potential 48,241 shares of Nauticus Robotics common stock, contingent on meeting the specified vesting conditions and continued service requirements.