OMEX (OMEX) President & COO adds 4,167 shares via grant and RSU exercise
Rhea-AI Filing Summary
Odyssey Marine Exploration President & COO John D. Longley Jr. reported equity compensation-related transactions involving company stock. He received a grant or award of 4,167 shares of Common Stock at no cost, increasing his direct Common Stock holdings to 154,480 shares.
On the same date, he also exercised 4,167 Restricted Stock Units (RSUs) into an equal number of Common shares. After this derivative transaction, he holds 20,833 RSUs directly. Each RSU represents a contingent right to one OMEX share and vests in six equal installments on June 30 and December 20 of 2026, 2027, and 2028. These transactions reflect compensation and derivative exercises rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,167 shares
Net Buy
2 txns
Insider
Longley John D Jr
Role
President & COO
| 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 |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 20,833 shares (Direct);
Common Stock — 154,480 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
Common Stock grant: 4,167 shares
Common shares after transaction: 154,480 shares
RSUs exercised: 4,167 units
+2 more
5 metrics
Common Stock grant
4,167 shares
Grant or award on June 30, 2026 at $0.0000 per share
Common shares after transaction
154,480 shares
Direct Common Stock holdings following Form 4 transactions
RSUs exercised
4,167 units
Restricted Stock Units converted into Common Stock on June 30, 2026
RSUs remaining
20,833 units
Restricted Stock Unit balance after derivative transaction
RSU vesting schedule
6 equal installments
Vesting on June 30 and December 20, 2026, 2027, 2028
Key Terms
Restricted Stock Unit (RSU), derivative security, contingent right
3 terms
Restricted Stock Unit (RSU) financial
"Restricted Stock Unit (RSU) transaction shows 4,167 units exercised into 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.
derivative security financial
"Transaction code description notes an exercise or conversion of a derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of OMEX common stock."
FAQ
What did OMEX executive John D. Longley Jr. report in this Form 4?
He reported equity compensation-related acquisitions, including 4,167 shares of Common Stock and 4,167 Restricted Stock Units converted into Common shares, with no open-market purchases or sales disclosed in this filing.
What are the details of the Restricted Stock Units (RSUs) reported by OMEX’s President & COO?
The filing shows 4,167 RSUs exercised into Common shares and a remaining balance of 20,833 RSUs. Each RSU represents a contingent right to one OMEX share, subject to vesting conditions.
When do John D. Longley Jr.’s OMEX RSUs vest according to the Form 4 footnotes?
The RSUs vest in six equal annual installments on June 30 and December 20 of 2026, 2027, and 2028. Vesting must occur before the RSUs convert into OMEX common shares.
Does this OMEX Form 4 show any insider buying or selling on the open market?
No open-market purchases or sales are indicated. The transactions are classified as a grant or award of Common Stock and an exercise of RSUs, both compensation-related acquisitions rather than market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
