Brett Widney Hoge of Newton Golf (NWTG) receives 62,975-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Newton Golf Company, Inc. director Brett Widney Hoge reported an equity compensation grant on Common Stock. He acquired 62,975 restricted stock units for no cash consideration, increasing his direct holdings to 356,225 shares. These units vest on June 24, 2027, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hoge Brett Widney
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,975 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 356,225 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 62,975 shares
Price per share: $0.0000 per share
Shares after transaction: 356,225 shares
+1 more
4 metrics
Shares granted
62,975 shares
Restricted stock unit grant on June 24, 2026
Price per share
$0.0000 per share
Transaction price for granted Common Stock
Shares after transaction
356,225 shares
Total Common Stock directly held after grant
Vesting date
June 24, 2027
Restricted stock units vesting, subject to continued service
Key Terms
restricted stock units, Grant, award, or other acquisition, Common Stock
3 terms
restricted stock units financial
"The restricted stock units vest on June 24, 2027, subject to the Reporting Person's continued service"
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did NWTG director Brett Widney Hoge report?
Director Brett Widney Hoge reported an equity compensation grant of 62,975 shares of Common Stock. The Form 4 classifies it as a grant, award, or other acquisition, adding to his existing direct shareholdings in Newton Golf Company, Inc.
What are the vesting terms of Brett Widney Hoge’s new NWTG restricted stock units?
The restricted stock units granted to Brett Widney Hoge vest on June 24, 2027. Vesting is subject to his continued service with Newton Golf Company, Inc. through that vesting date, according to the footnote disclosure in the Form 4 filing.
Does the Form 4 for NWTG show any derivative securities for Brett Widney Hoge?
The Form 4 derivative summary is empty, indicating no derivative security transactions were reported. The only transaction disclosed is a non-derivative acquisition of Common Stock through a grant of restricted stock units subject to future vesting conditions.
Is the NWTG insider transaction by Brett Widney Hoge a buy or a grant?
The transaction is a grant, not a market buy. The Form 4 lists the transaction code as “A” with the description “Grant, award, or other acquisition,” and shows a zero dollar transaction price per share for the 62,975 shares.