NAKA Form 4: Director Eric Weiss Granted 112,781 RSUs Vesting 08/15/2026
Rhea-AI Filing Summary
Eric Stanton Weiss, a director of Kindly MD, Inc. (NAKA), was granted 112,781 restricted stock units (RSUs) reported on a Form 4 with a transaction date of 09/22/2025. The RSUs were recorded at a price of $0 and are shown as directly beneficially owned following the grant. The RSUs vest on August 15, 2026 and are subject to Mr. Weiss’s continued service on the company’s board through that Vesting Date. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact, Kyle Simon, on 09/24/2025.
Positive
- Disclosure compliance: Form 4 filed showing the grant and vesting terms, satisfying Section 16 reporting requirements
- Retention alignment: RSUs vest contingent on continued board service, aligning director incentives with company performance over time
Negative
- Unvested award: The RSUs do not vest until 08/15/2026, so no immediate transferable shares were created
- No cash consideration: Reported price is $0, indicating this is an equity grant rather than a market purchase (dilution potential upon settlement)
Insights
TL;DR: A director received a sizable RSU grant that vests on a single future date, reflecting compensation tied to continued board service.
The grant of 112,781 RSUs increases the director’s direct ownership stake immediately for disclosure purposes but does not convey vested shares until 08/15/2026. Because the reported price is $0, this filing reflects an equity compensation award rather than an open-market purchase or sale. For investors, the item is routine director compensation and does not by itself change the company’s capital structure until vesting and settlement occur. The timing aligns with retention-based compensation common for board members.
TL;DR: Standard director RSU award with service-based vesting; governance implications are routine and disclosure is appropriate.
The RSUs vest contingent on continued board service through August 15, 2026, which is a typical retention mechanism. The direct ownership reported (112,781 RSUs) will remain subject to forfeiture if service terminates before the Vesting Date, as explicitly stated. The Form 4 was properly executed by an attorney-in-fact, satisfying signature requirements. This disclosure meets Section 16 reporting obligations for insider equity grants.