Kaltura (KLTR) director Gregory Dracon receives 170,594 RSU award
Rhea-AI Filing Summary
Dracon Gregory C. reported acquisition or exercise transactions in this Form 4 filing.
Kaltura Inc. director Gregory C. Dracon reported an equity compensation grant in the form of restricted stock units (RSUs). He was awarded 170,594 shares of Common Stock at a price of $0.00 per share, reflecting a grant or award rather than a market purchase. Following this award, his direct holdings increased to 178,658 shares of Kaltura common stock.
The RSUs will vest in full on the earlier of the day immediately preceding the first Annual Meeting of shareholders following the grant date or the first anniversary of the grant date, as long as he continues serving as a Non-Employee Director on the Board through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 170,594 shares
Net Buy
1 txn
Insider
Dracon Gregory C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 170,594 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 178,658 shares (Direct)
Footnotes (1)
- F1. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of common stock of Kaltura, Inc. (the "Company"). The RSUs will vest on the earlier of (i) the day immediately preceding the date of the first Annual Meeting following the date of grant and (ii) the first anniversary of the date of grant, subject to the Non-Employee Director continuing in service on the Board through the applicable vesting date.
Key Figures
RSU grant size: 170,594 shares
Grant price per share: $0.00 per share
Total shares after grant: 178,658 shares
+1 more
4 metrics
RSU grant size
170,594 shares
Restricted stock units awarded to director on grant date
Grant price per share
$0.00 per share
Compensation award, not open-market purchase
Total shares after grant
178,658 shares
Director’s direct holdings following RSU award
RSU vesting trigger
Earlier of pre-Annual Meeting or 1-year
Vests if Non-Employee Director continues Board service
Key Terms
restricted stock units ("RSUs"), Annual Meeting, Non-Employee Director, vesting
4 terms
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Annual Meeting financial
"The RSUs will vest on the earlier of (i) the day immediately preceding the date of the first Annual Meeting following the date of grant"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Non-Employee Director financial
"subject to the Non-Employee Director continuing in service on the Board through the applicable vesting date"
vesting financial
"The RSUs will vest on the earlier of (i) the day immediately preceding the date of the first Annual Meeting"
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.
FAQ
What insider transaction did Kaltura (KLTR) director Gregory C. Dracon report?
Gregory C. Dracon reported receiving a grant of 170,594 restricted stock units of Kaltura common stock. The award was recorded at a price of $0.00 per share, indicating compensation rather than an open-market stock purchase.
What is the vesting schedule for Gregory C. Dracon’s Kaltura (KLTR) RSU grant?
The 170,594 Kaltura RSUs vest on the earlier of the day immediately before the first Annual Meeting following the grant date or the first anniversary of the grant. Vesting requires continuous service as a Non-Employee Director on the Board through that date.
Was Gregory C. Dracon’s Kaltura (KLTR) RSU grant an open-market purchase?
No. The Form 4 classifies the transaction as a grant or award acquisition with a price of $0.00 per share. This indicates compensation in the form of restricted stock units, not an open-market stock purchase on an exchange.
What security type was involved in Gregory C. Dracon’s Kaltura (KLTR) Form 4?
The transaction involved Kaltura common stock delivered through restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Kaltura common stock, subject to the specified vesting and continued Board service conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
