OMEX director exercises 20,000 RSUs into shares
Odyssey Marine Exploration director Larissa Tiffany Pommeraud exercised restricted stock units into common shares.
Rhea-AI Filing Summary
Odyssey Marine Exploration director Larissa Tiffany Pommeraud exercised restricted stock units into common shares. On June 1, she converted 20,000 Restricted Stock Units (RSUs) into 20,000 shares of common stock at a stated price of $0.00 per share, reflecting equity-based compensation rather than a market purchase.
Following this non-cash exercise, she directly holds 101,970 shares of Odyssey Marine Exploration common stock. The filing shows no share sales or tax-withholding dispositions, so the transaction represents an increase in her direct share ownership through settlement of vested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
20,000 shares exercised/converted
Exercise
2 txns
Insider
Pommeraud Larissa Tiffany
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 20,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 0 contracts (Direct);
Common Stock — 101,970 shares (Direct)
Footnotes (1)
- F1. Restricted Stock Units vest on June 1, 2026
Key Figures
RSUs exercised: 20,000 shares
Exercise price: $0.00 per share
Shares owned after: 101,970 shares
3 metrics
RSUs exercised
20,000 shares
Restricted Stock Units converted to common stock on June 1
Exercise price
$0.00 per share
Stated price for RSU-to-common stock conversion
Shares owned after
101,970 shares
Direct common stock holdings following the transaction
Key Terms
Restricted Stock Unit (RSU), derivative security, Exercise or conversion of derivative security
3 terms
Restricted Stock Unit (RSU) financial
"security_title": "Restricted Stock Unit (RSU)""
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": "Exercise or conversion of 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.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Odyssey Marine Exploration (OMEX) director Larissa Tiffany Pommeraud report in this Form 4?
She reported exercising 20,000 Restricted Stock Units into 20,000 shares of common stock. This is a compensation-related derivative exercise, not an open-market share purchase or sale, and increases her directly held Odyssey Marine Exploration share position.
Was the Odyssey Marine Exploration (OMEX) Form 4 transaction a stock purchase or sale?
The transaction was neither a market purchase nor a sale. It was coded “M,” indicating an exercise or conversion of a derivative security, where 20,000 Restricted Stock Units were settled into 20,000 common shares at a stated price of $0.00 per share.
What does the 20,000 RSU exercise mean for OMEX director Larissa Tiffany Pommeraud?
The exercise converts 20,000 Restricted Stock Units into 20,000 common shares, increasing her direct equity stake. It represents the settlement of equity compensation rather than new cash investment, and no remaining RSU position is shown after this transaction in the filing.
Are there any remaining derivative securities for OMEX director Larissa Tiffany Pommeraud after this Form 4?
The derivative summary section is empty after the reported exercise, indicating no remaining derivative securities in this filing. The 20,000 Restricted Stock Units were fully converted into common shares, and her holdings are now reported solely as directly owned common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
