Odyssey Marine (OMEX) director receives 23,981-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pommeraud Larissa Tiffany reported acquisition or exercise transactions in this Form 4 filing.
Odyssey Marine Exploration director Larissa Tiffany Pommeraud received an equity award of 23,981 shares of Common Stock. The award was reported at a price of $0.0000 per share and reflects a compensation grant rather than a market purchase. Following this grant, she directly holds 72,624 shares. A footnote explains that the related Restricted Stock Units vest on April 20, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pommeraud Larissa Tiffany
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,981 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 72,624 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 23,981 shares
Price per share: $0.0000 per share
Shares held after grant: 72,624 shares
+1 more
4 metrics
Shares granted
23,981 shares
Equity award on April 20, 2026
Price per share
$0.0000 per share
Reported for the grant transaction
Shares held after grant
72,624 shares
Director’s direct holdings following transaction
RSU vesting date
April 20, 2026
Restricted Stock Units vesting per footnote
Key Terms
Restricted Stock Units, Grant, award, or other acquisition, Common Stock
3 terms
Restricted Stock Units financial
"Restricted Stock Units vest on April 20, 2026"
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 did OMEX director Larissa Tiffany Pommeraud report in this Form 4?
She reported receiving an equity grant of 23,981 shares of Odyssey Marine Exploration Common Stock. The transaction used code “A,” indicating a grant, award, or other acquisition, and increased her direct holdings to 72,624 shares after the award.
Was the OMEX insider transaction a market buy or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. It is coded “A” for Grant, award, or other acquisition and shows a price of $0.0000 per share, which is typical for stock or Restricted Stock Unit awards.
What are the vesting terms mentioned for the OMEX equity award?
A footnote states that the Restricted Stock Units vest on April 20, 2026. This means the underlying shares tied to the award become fully earned or available on that date, subject to any applicable conditions described outside this excerpt.
What does transaction code “A” mean in the OMEX Form 4 filing?
Transaction code “A” indicates a Grant, award, or other acquisition of securities. In this OMEX filing, it reflects a director receiving 23,981 shares as an equity award, rather than buying those shares in the open market at a cash price.