OptimizeRx (OPRX) director receives 13,060 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Presti Mariyamma Varghese reported acquisition or exercise transactions in this Form 4 filing.
OptimizeRx Corp director Mariyamma Varghese Presti reported an award of equity-based compensation. She received 13,060 restricted stock units representing a contingent right to receive shares of OptimizeRx common stock, granted at no cash cost on May 1, 2026.
The restricted stock units will vest in full on the first anniversary of the grant date. Following this grant, the filing shows direct ownership of 13,060 shares or share equivalents tied to this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Presti Mariyamma Varghese
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,060 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,060 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 13,060 units
Grant date: May 1, 2026
Vesting schedule: Full vesting after 1 year
+2 more
5 metrics
RSUs granted
13,060 units
Restricted stock units representing OptimizeRx common stock
Grant date
May 1, 2026
Date of restricted stock unit award
Vesting schedule
Full vesting after 1 year
Vests in full on first anniversary of grant
Price per share
$0.00
No cash cost for RSU grant
Shares after transaction
13,060 shares or equivalents
Total direct holdings following the grant
Key Terms
restricted stock units, contingent right, vest in full, common stock
4 terms
restricted stock units financial
"Grant of restricted stock units representing a contingent right to receive shares of OptimizeRx common stock."
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.
contingent right financial
"representing a contingent right to receive shares of OptimizeRx common stock."
vest in full financial
"The restricted stock units will vest in full on the first anniversary of the date of the grant."
common stock financial
"contingent right to receive shares of OptimizeRx 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 OptimizeRx (OPRX) director Mariyamma Varghese Presti report in this Form 4?
She reported receiving 13,060 restricted stock units tied to OptimizeRx common stock. The award is equity-based compensation, granted at no cash cost, and reflects a grant or award acquisition rather than an open-market stock purchase.
When do the granted restricted stock units for OptimizeRx (OPRX) vest?
The restricted stock units will vest in full on the first anniversary of the grant date. This means the entire 13,060-unit award is scheduled to fully vest one year after May 1, 2026, assuming applicable conditions are satisfied.
Did the OptimizeRx (OPRX) director pay anything for the 13,060-unit award?
No cash payment was made for this award; the reported price per share is zero. This indicates the 13,060 restricted stock units were granted as compensation rather than purchased in the market, consistent with a typical equity incentive grant.
What is the director’s reported OptimizeRx (OPRX) holding after this award?
The Form 4 shows total direct holdings of 13,060 shares or share equivalents following the transaction. This amount corresponds to the granted restricted stock units, which convert into common stock upon vesting on the schedule described.
Is this OptimizeRx (OPRX) Form 4 transaction a buy or a sale in the market?
It is not a market buy or sale. The transaction is coded as a grant or award acquisition, reflecting 13,060 restricted stock units of OptimizeRx common stock issued as compensation, rather than an open-market purchase or disposition of existing shares.