Odyssey Marine Exploration (OMEX) CEO reshapes holdings with RSU exercise
Rhea-AI Filing Summary
Odyssey Marine Exploration reports that CEO Mark Gordon exercised 4,167 Restricted Stock Units on June 30, 2026, receiving the same number of common shares. To satisfy tax obligations, 1,139 shares were delivered at $0.8504 per share. After these transactions he directly holds 635,263 common shares and 20,833 RSUs, which vest in six equal installments on June 30 and December 20 of 2026, 2027 and 2028.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 3,028 shares
Net Buy
3 txns
Insider
Gordon Mark
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 4,167 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,167 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,139 | $0.8504 | $968.61 |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 20,833 shares (Direct);
Common Stock — 635,263 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of OMEX common stock.
- F2. Restricted Stock Units vest in six equal annual installments on June 30 and December 20, 2026, 2027 and 2028.
Key Figures
RSUs exercised: 4167.0000 shares
Common shares acquired from RSUs: 4167.0000 shares
Shares delivered for taxes: 1139.0000 shares
+3 more
6 metrics
RSUs exercised
4167.0000 shares
Restricted Stock Units converted to common stock on June 30, 2026
Common shares acquired from RSUs
4167.0000 shares
Common stock received upon RSU settlement on June 30, 2026
Shares delivered for taxes
1139.0000 shares
Common stock used to satisfy tax obligations at $0.8504 per share
Tax withholding price
$0.8504 per share
Per-share value for tax-withholding disposition of 1,139 common shares
RSUs remaining
20833.0000 units
Restricted Stock Units outstanding after the June 30, 2026 exercise
Common shares held after transaction
635,263 shares
Direct ownership of Odyssey Marine Exploration common stock post-transaction
Key Terms
Restricted Stock Unit (RSU), contingent right, tax-withholding disposition, vest in six equal annual installments
4 terms
Restricted Stock Unit (RSU) financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of OMEX common stock"
tax-withholding disposition financial
"transaction_action is described as tax-withholding disposition of common stock"
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.
vest in six equal annual installments financial
"Restricted Stock Units vest in six equal annual installments on June 30 and December 20"
FAQ
What insider transaction did OMEX CEO Mark Gordon report on June 30, 2026?
CEO Mark Gordon exercised 4,167 RSUs into common stock on June 30, 2026. The transaction converted Restricted Stock Units into the same number of Odyssey Marine Exploration common shares as part of his equity compensation.
How many Restricted Stock Units (RSUs) does Mark Gordon still hold at OMEX?
Following the June 30, 2026 RSU exercise, Mark Gordon has 20,833 RSUs outstanding. Each RSU represents a contingent right to receive one OMEX common share, subject to future vesting and settlement conditions.
What is the vesting schedule for Mark Gordons OMEX RSUs?
The RSUs vest in six equal annual installments on June 30 and December 20 of 2026, 2027 and 2028. As each installment vests, the corresponding RSUs can be settled into Odyssey Marine Exploration common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.