Lucid Diagnostics (LUCD) COO awarded 620,000 restricted shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lucid Diagnostics Inc. reported that President and COO Shaun O'Neil acquired 620,000 shares of common stock through a restricted stock grant under the company’s 2018 Equity Plan. The restricted stock has a single vesting date of May 20, 2029 and is subject to forfeiture if the required service period is not completed. Following this award, O'Neil directly holds 1,446,763 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Neil Shaun
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 620,000 | $0.00 | -- |
Holdings After Transaction:
Common stock — 1,446,763 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Lucid Diagnostics (LUCD) report for Shaun O'Neil?
Lucid Diagnostics reported a restricted stock grant to President and COO Shaun O'Neil. He was awarded 620,000 shares of common stock under the 2018 Equity Plan, classified as a grant, award, or other acquisition rather than an open-market purchase or sale.
Is the Lucid Diagnostics (LUCD) Form 4 transaction a market purchase or sale?
The transaction is a grant, award, or other acquisition, not a market trade. The Form 4 classifies the code as “A,” indicating an equity award of restricted stock rather than an open-market buy or sell transaction in Lucid Diagnostics shares.
What conditions apply to Shaun O'Neil’s Lucid Diagnostics (LUCD) restricted stock grant?
The restricted stock is subject to service-based vesting and possible forfeiture. All 620,000 shares vest on May 20, 2029, but may be forfeited if O'Neil does not complete the required service period under the company’s 2018 Equity Plan.