OptimizeRx (OPRX) director Gregory Wasson awarded 34,517 restricted stock units
Rhea-AI Filing Summary
WASSON GREGORY D reported acquisition or exercise transactions in this Form 4 filing.
OptimizeRx Corp director Gregory D. Wasson received an equity award of 34,517 restricted stock units (RSUs). These RSUs represent a contingent right to receive shares of OptimizeRx common stock as part of his director compensation, at no cash purchase price.
The RSUs will vest in full on the earlier of the first anniversary of the grant date or the date of the company’s next annual meeting of shareholders. After this grant, Wasson directly holds 91,700 shares of OptimizeRx common stock, reflecting his ongoing equity stake in the company.
Positive
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Insights
Routine director RSU grant that increases equity-based compensation without immediate market trading.
Director Gregory D. Wasson received 34,517 restricted stock units in OptimizeRx Corp as a share-based award. The footnote explains these RSUs convert into common stock once vested, aligning director incentives with shareholder value through equity ownership rather than cash.
The RSUs vest in full on the earlier of the first anniversary of the grant or the next annual shareholder meeting, creating a short-to-medium-term service and retention period. After this grant, Wasson holds 91,700 shares directly, suggesting the award is a routine addition to an existing position rather than a transformative change.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,517 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of restricted stock units representing a contingent right to receive shares of OptimizeRx common stock. The restricted stock units will vest in full on the earlier of the first anniversary of the date of the grant or the date of the Company's next annual meeting of shareholders.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
common stock financial
grant, award, or other acquisition financial
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