Lumexa Imaging (LMRI) director Brett Brodnax receives 19,358 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRODNAX BRETT reported acquisition or exercise transactions in this Form 4 filing.
Lumexa Imaging Holdings director Brett Brodnax received a grant of 19,358 restricted stock units (RSUs) of common stock. The award was made at no cash cost per unit and increases his direct holdings to 81,385 shares. The RSUs vest on the earlier of one year from the grant date or the next annual stockholder meeting, as long as he continues serving the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRODNAX BRETT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,358 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 81,385 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 19,358 shares
Post-grant holdings: 81,385 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
RSU grant size
19,358 shares
Restricted stock units awarded to director on grant date
Post-grant holdings
81,385 shares
Total common stock held directly after the RSU award
Grant price per share
$0.0000 per share
Listed transaction price for RSU award
RSU-to-share ratio
1 unit : 1 share
Each RSU represents right to receive one common share
Key Terms
restricted stock units ("RSUs"), contingent right, vest, annual meeting of the Issuer's stockholders
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs"), each one of which represents the 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.
contingent right financial
"each one of which represents the contingent right to receive one share of the Issuer's common stock"
vest financial
"The RSUs will vest on the earlier of the one-year anniversary of the grant date and the next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of the Issuer's stockholders financial
"the next annual meeting of the Issuer's stockholders following the grant date"
FAQ
What insider transaction did Lumexa Imaging (LMRI) report for Brett Brodnax?
Lumexa Imaging reported that director Brett Brodnax received 19,358 restricted stock units of common stock. These units were granted at no cash cost and increase his direct holdings to 81,385 shares, according to the Form 4 insider transaction disclosure.
What are the vesting terms of Brett Brodnax’s RSUs at Lumexa Imaging (LMRI)?
The 19,358 RSUs granted to Brett Brodnax vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of Lumexa Imaging’s stockholders, provided he continues his service with the company during that period.
Did Brett Brodnax pay a purchase price for his Lumexa Imaging (LMRI) RSU grant?
No, Brett Brodnax did not pay cash for the RSU grant. The Form 4 lists the transaction price per share as $0.0000, reflecting a compensation-related equity award rather than an open-market purchase of Lumexa Imaging common stock.