New ERA Energy (NASDAQ: NUAI) grants CAO 325,000 RSUs vesting over 4 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rovell Darin Charles reported acquisition or exercise transactions in this Form 4 filing.
New ERA Energy & Digital, Inc. reported that Chief Accounting Officer Darin Charles Rovell received a grant of 325,000 restricted stock units (RSUs) of common stock. These RSUs were granted under the New Era Helium Corp. 2024 Equity Incentive Plan as part of his equity compensation.
The RSUs vest in equal installments on the first business day of each calendar month beginning on June 22, 2026 over a period of four years, conditioned on his continued employment through each vesting date. Vested RSUs will be settled in shares of common stock shortly after vesting, and his direct holdings after this grant are reported as 325,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rovell Darin Charles
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 325,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 325,000 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 325,000 units
Grant price per share: $0.0000 per share
Shares after transaction: 325,000 shares
+3 more
6 metrics
RSUs granted
325,000 units
Restricted stock units grant to Chief Accounting Officer
Grant price per share
$0.0000 per share
Reported transaction price for RSU grant
Shares after transaction
325,000 shares
Direct holdings following the RSU grant
Vesting start date
June 22, 2026
Monthly vesting of RSUs begins on this date
Vesting period
4 years
RSUs vest in equal monthly installments over four years
Latest possible payment date
March 15 (following year)
Deadline for share delivery after each vesting year
Key Terms
restricted stock units, 2024 Equity Incentive Plan, vesting date, restricted stock units become vested
4 terms
restricted stock units financial
"Restricted stock units granted under the New Era Helium Corp. 2024 Equity Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2024 Equity Incentive Plan financial
"Restricted stock units granted under the New Era Helium Corp. 2024 Equity Incentive Plan."
vesting date financial
"subject to the reporting person's continued employment with the Issuer from the grant date through each such vesting date."
restricted stock units become vested financial
"the calendar year in which the restricted stock units become vested) in the form of the Issuer's common stock"
FAQ
What did NUAI’s Chief Accounting Officer receive in this Form 4 filing?
The Chief Accounting Officer, Darin Charles Rovell, received a grant of 325,000 restricted stock units (RSUs) of common stock. These RSUs represent a form of equity compensation under the company’s 2024 equity incentive plan.
How do the 325,000 RSUs for NUAI’s officer vest over time?
The 325,000 RSUs vest in equal installments on the first business day of each month starting June 22, 2026, over four years. Each vesting is contingent on the officer’s continued employment through the applicable vesting date.
Is this NUAI Form 4 transaction an open-market purchase or a compensation grant?
This Form 4 reports a compensation grant, not an open-market trade. The transaction is coded as an award (code A), indicating restricted stock units granted under the company’s equity incentive plan rather than shares bought on the market.
What is the ownership position of NUAI’s officer after this RSU grant?
Following this grant, the filing reports that the officer has 325,000 shares of common stock in direct ownership. This reflects the awarded restricted stock units that will convert into shares as they vest over the four-year schedule.