Nuclear Energy Startup Awards Major Stock Package to Board Member Amid Sector Growth
Rhea-AI Filing Summary
Form 4 Filing Details: Nano Nuclear Energy (NNE) Director Seth Jason Berl received a grant of 15,000 Restricted Stock Units (RSUs) on June 3, 2025, as reported in this insider trading disclosure.
The RSUs were granted under the company's 2025 Equity Incentive Plan with the following key terms:
- Grant value: $29.18 per share (based on closing price on grant date)
- Vesting schedule: 50% on December 3, 2025, and 50% on June 3, 2026
- Each RSU converts to one share of common stock
- Vesting contingent on continued service with the company
This equity compensation grant aligns the director's interests with shareholders through a two-year vesting period, demonstrating a long-term commitment to the company's performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berl Seth Jason
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
- F1. Represents Restricted Stock Units ("RSUs") granted on June 3, 2025 ("Grant Date") under the Issuer's 2025 Equity Incentive Plan based on a value per share of $29.18, the closing price of the Issuer's common stock as reported on The Nasdaq Capital Market on June 3, 2025. Each RSU represents the right to receive one share of the Issuer's common stock, subject to the terms and conditions set forth in the award of such RSUs by the Issuer to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement and the 2025 Plan. The RSUs shall vest in two equal installments, with 50% vesting on December 3, 2025, and the remaining 50% vesting on the first anniversary of the Grant Date, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. Notwithstanding the foregoing, any applicable fraction of an RSU that would otherwise be vested will be accumulated and will vest only when a whole RSU has accumulated.
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FAQ
How many Restricted Stock Units (RSUs) did NNE director Seth Jason Berl receive on June 3, 2025?
Seth Jason Berl received 15,000 Restricted Stock Units (RSUs) from Nano Nuclear Energy Inc. (NNE) on June 3, 2025, with each RSU representing the right to receive one share of the company's common stock.
What is the vesting schedule for NNE director Berl's RSU grant from June 2025?
The RSUs vest in two equal installments: 50% (7,500 RSUs) will vest on December 3, 2025, and the remaining 50% (7,500 RSUs) will vest on June 3, 2026 (the first anniversary of the Grant Date), subject to Berl's continued service with NNE through each vesting date.
Under which plan were NNE's June 2025 RSUs granted to director Seth Jason Berl?
The RSUs were granted under Nano Nuclear Energy Inc.'s 2025 Equity Incentive Plan, pursuant to a Restricted Stock Unit Award Agreement.