Odyssey Marine (OMEX) CEO nets shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Odyssey Marine Exploration Chief Executive Officer Mark Gordon reported routine equity compensation activity involving Restricted Stock Units and related tax withholding. On June 30, 2026, 4,167 RSUs were exercised into an equal number of common shares at a stated price of $0.0000 per share, recorded as a grant or award acquisition. To cover tax obligations, 1,139 common shares were disposed of at $0.8504 per share through a tax-withholding mechanism, rather than an open-market sale. Following these transactions, Gordon directly holds 636,402 shares of Odyssey Marine common stock. A footnote explains that each RSU represents a contingent right to receive one share of OMEX common stock and that RSUs vest in six equal installments on June 30 and December 20 in 2026, 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,167 shares exercised/converted
Mixed
3 txns
Insider
Gordon Mark
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 4,167 | $0.00 | -- |
| Grant/Award | Common Stock | 4,167 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,139 | $0.8504 | $968.61 |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 20,833 shares (Direct, null);
Common Stock — 636,402 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of OMEX common stock. Restricted Stock Units vest in six equal annual installments on June 30 and December 20, 2026, 2027 and 2028.
Key Figures
RSUs exercised: 4,167 units
Tax-withholding shares: 1,139 shares
Grant price per share: $0.0000 per share
+3 more
6 metrics
RSUs exercised
4,167 units
Restricted Stock Units converted into common stock on June 30, 2026
Tax-withholding shares
1,139 shares
Common shares disposed to satisfy tax obligations at $0.8504 per share
Grant price per share
$0.0000 per share
Price for 4,167 common shares received via grant/award acquisition
CEO holdings after transaction
636,402 shares
Common stock directly owned by Mark Gordon following June 30, 2026 events
Tax-withholding share price
$0.8504 per share
Value assigned to 1,139 shares used for tax withholding
RSU vesting schedule
6 equal installments
RSUs vest on June 30 and December 20 in 2026, 2027 and 2028
Key Terms
Restricted Stock Unit (RSU), tax-withholding disposition, grant, award, or other acquisition, Exercise or conversion of derivative security
4 terms
Restricted Stock Unit (RSU) financial
"Each Restricted Stock Unit represents a contingent right to receive one share of OMEX common stock."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What insider transactions did OMEX CEO Mark Gordon report on this Form 4?
Mark Gordon reported RSU-related equity compensation activity. He exercised 4,167 Restricted Stock Units into common shares and had 1,139 shares withheld to satisfy tax obligations, ending with 636,402 OMEX common shares held directly.
Were Mark Gordon’s OMEX transactions open-market buys or sells?
The transactions were not open-market buys or sells. The filing shows an RSU exercise and grant acquisition plus a tax-withholding disposition of 1,139 shares, used to cover obligations rather than representing discretionary market selling or buying activity.
What are the terms of Mark Gordon’s Restricted Stock Units at Odyssey Marine (OMEX)?
Each Restricted Stock Unit represents a contingent right to receive one OMEX common share. The footnotes state that these RSUs vest in six equal annual installments on June 30 and December 20 in 2026, 2027 and 2028, subject to standard conditions.