Odyssey Marine (OMEX) director receives 31,475 share-based award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIEGEL TODD E reported acquisition or exercise transactions in this Form 4 filing.
Odyssey Marine Exploration director Todd E. Siegel received a grant of 31,475 shares of Common Stock as a stock award, recorded at $0.00 per share. According to the footnote, these are Restricted Stock Units that vest on April 20, 2026. After this award, Siegel directly holds 146,377 shares of the company’s common stock in total. This filing reflects an equity-based compensation grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SIEGEL TODD E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,475 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 146,377 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 31,475 shares
Grant price per share: $0.00 per share
Total shares after transaction: 146,377 shares
+1 more
4 metrics
Shares granted
31,475 shares
Stock award of Common Stock to director on April 20, 2026
Grant price per share
$0.00 per share
Reported transaction price for the 31,475-share grant
Total shares after transaction
146,377 shares
Director’s direct holdings following the grant
RSU vesting date
April 20, 2026
Restricted Stock Units vest on this date per footnote
Key Terms
Restricted Stock Units, Form 4, Grant, award, or other acquisition, transaction code A
4 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
transaction code A regulatory
"transaction_code": "A""
FAQ
What did Todd E. Siegel report in this Form 4 for OMEX?
Todd E. Siegel reported receiving a grant of 31,475 shares of Common Stock from Odyssey Marine Exploration (OMEX). The award is a stock-based compensation grant, not an open-market trade, and increases his total direct holdings to 146,377 shares.
What are the vesting terms of Todd E. Siegel’s new OMEX Restricted Stock Units?
The associated footnote states the Restricted Stock Units vest on April 20, 2026. This means Siegel’s right to receive the underlying OMEX shares becomes fully earned on that date, aligning with typical long-term director compensation structures.