Odyssey Marine (OMEX) director awarded 9,346 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sawyer Jon D reported acquisition or exercise transactions in this Form 4 filing.
Odyssey Marine Exploration director Jon D. Sawyer received an equity grant of 9,346 shares of common stock as a restricted stock award. The award was granted at no cash cost and is scheduled to vest on May 14, 2026, according to the footnote.
After this grant, Sawyer directly holds 88,926 shares of Odyssey Marine common stock. He also has indirect holdings reported as 417 shares through his wife's IRA and 10,455 shares through a limited partnership. The filing shows no open-market buys or sales, only this compensation-related share award and updated ownership totals.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Sawyer Jon D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,346 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 88,926 shares (Direct, null);
Common Stock — 10,455 shares (Indirect, By Ltd. Partnership)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock award: 9,346 shares
Direct holdings after grant: 88,926 shares
Indirect holdings via wife’s IRA: 417 shares
+3 more
6 metrics
Restricted stock award
9,346 shares
Grant of common stock to director; price $0.0000/share
Direct holdings after grant
88,926 shares
Common stock directly owned by Jon D. Sawyer after award
Indirect holdings via wife’s IRA
417 shares
Common stock held indirectly through wife's IRA
Indirect holdings via limited partnership
10,455 shares
Common stock held indirectly through a limited partnership
Vesting date for restricted stock
May 14, 2026
Footnote states restricted stock awards vest on this date
Grant price per share
$0.0000/share
Reported transaction price for the 9,346-share restricted stock award
Key Terms
Restricted Stock Awards, IRA, Ltd. Partnership, Form 4, +1 more
5 terms
Restricted Stock Awards financial
"Restricted Stock Awards vest on May 14, 2026"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
IRA financial
"nature_of_ownership": "By Wife's IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Ltd. Partnership financial
"nature_of_ownership": "By Ltd. Partnership""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Jon D. Sawyer report in this OMEX Form 4 filing?
Jon D. Sawyer reported receiving 9,346 shares of Odyssey Marine common stock as a restricted stock award. The filing also updates his direct and indirect share ownership totals, without showing any open-market purchases or sales of OMEX shares.
What indirect Odyssey Marine (OMEX) holdings does the Form 4 show?
The Form 4 shows 417 OMEX shares held indirectly through the director’s wife's IRA and 10,455 shares held indirectly through a limited partnership. These positions are reported as indirect ownership interests, separate from his directly owned 88,926 shares of common stock.