WM Technology (MAPS) director awarded 180,000 RSUs, sells 62,501 shares
Rhea-AI Filing Summary
WM Technology, Inc. director Brenda Freeman received an award of 180,000 restricted stock units, each representing one share of Class A common stock, vesting on the earlier of one year from grant or the next annual stockholders meeting, subject to continuous service. On July 17, 2026, she sold 62,501 shares at a weighted-average price of about $0.367 per share under a Rule 10b5-1 trading plan to cover tax withholding obligations and related commissions arising from RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 117,499 shares
Net Buy
2 txns
Insider
Freeman Brenda
Role
Director
Sold
62,501 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2, F3, F4 | 62,501 | $0.3671 | $23K |
| Grant/Award | Class A Common Stock F1 | 180,000 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 550,191 shares (Direct)
Footnotes (4)
- F1. Represents the number of shares of Class A Common Stock underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs will fully vest on the earlier of (A) the first anniversary of its grant date or (B) the Issuer's next annual meeting of stockholders subsequent to the effectiveness of this RSU grant, subject to acceleration, and subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) through such vesting date.
- F2. The Reporting Person sold the number of shares of Class A common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees.
- F3. Shares sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 4, 2024.
- F4. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $0.3671 to $0.3672. Upon request, the Reporting Person will provide full information regarding the number of shares sold at each separate price to the SEC, the Issuer or a security holder of the Issuer.
Key Figures
RSU grant size: 180,000 shares
Shares sold: 62,501 shares
Weighted-average sale price: $0.3671 per share
+2 more
5 metrics
RSU grant size
180,000 shares
Restricted stock units of Class A Common Stock granted on 2026-07-16
Shares sold
62,501 shares
Class A Common Stock sold on 2026-07-17
Weighted-average sale price
$0.3671 per share
Weighted-average price for 62,501 shares sold, with prices from $0.3671 to $0.3672
Sale price range
$0.3671–$0.3672 per share
Range of individual trade prices for the reported sale transaction
Net buy/sell shares
-62,501 shares
Net share change from buy/sell activity in this filing, as summarized in Form 4 data
Key Terms
restricted stock units ("RSUs"), Continuous Service, 10b5-1 trading plan, weighted-average sales price, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents the number of shares of Class A Common Stock underlying restricted stock units ("RSUs")."
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.
Continuous Service financial
"subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan)"
10b5-1 trading plan regulatory
"Shares sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person"
A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices"
tax withholding obligations financial
"sold the number of shares of Class A common stock necessary to cover applicable tax withholding obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did WM Technology (MAPS) report for director Brenda Freeman?
Brenda Freeman reported a grant of 180,000 RSUs in WM Technology Class A common stock and a sale of 62,501 shares. The sale was to satisfy tax withholding and related costs associated with the vesting of restricted stock units.
How many restricted stock units were granted to the WM Technology (MAPS) director?
Director Brenda Freeman was granted 180,000 restricted stock units (RSUs), each representing one share of Class A common stock. These RSUs vest on the earlier of the first anniversary of the grant date or the next annual stockholders meeting, subject to her continuous service.
When do Brenda Freeman’s WM Technology (MAPS) RSUs vest?
The 180,000 RSUs will fully vest on the earlier of one year from the grant date or the next annual stockholders meeting after the grant becomes effective, provided she maintains Continuous Service under the company’s 2021 Equity Incentive Plan.