ONE STOP SYSTEMS (OSS) director receives 11,984 restricted stock units as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dumont Michael J. reported acquisition or exercise transactions in this Form 4 filing.
ONE STOP SYSTEMS, INC. director Michael J. Dumont received a grant of 11,984 restricted stock units of common stock on May 20, 2026 at no cash cost, as compensation for his service as a director under the company’s 2017 Equity Incentive Plan.
After this grant, Dumont holds 119,833 common-share equivalents, consisting of 107,849 shares of common stock and 11,984 unvested restricted stock units that remain subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dumont Michael J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,984 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 119,833 shares (Direct)
Footnotes (1)
- Represents 11,984 restricted stock units granted to the Reporting Person under the Issuer's 2017 Equity Incentive Plan, as amended (the "Plan"), in connection with the Reporting Person's service as a director of the Issuer, which restricted stock units are subject to vesting conditions. Includes 11,984 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions and 107,849 shares of common stock.
Key Figures
RSU grant size: 11,984 restricted stock units
Grant price: $0.00 per share
Total holdings after grant: 119,833 common-share equivalents
+2 more
5 metrics
RSU grant size
11,984 restricted stock units
Award to director Michael J. Dumont on May 20, 2026
Grant price
$0.00 per share
RSU grant compensation, non-cash award
Total holdings after grant
119,833 common-share equivalents
Director Michael J. Dumont post-transaction position
Common shares held
107,849 shares
Common stock held by Dumont after the grant
Unvested RSUs held
11,984 restricted stock units
Unvested and subject to vesting conditions
Key Terms
restricted stock units, 2017 Equity Incentive Plan, vesting conditions
3 terms
restricted stock units financial
"Represents 11,984 restricted stock units granted to the Reporting Person"
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.
2017 Equity Incentive Plan financial
"granted to the Reporting Person under the Issuer's 2017 Equity Incentive Plan, as amended"
vesting conditions financial
"which restricted stock units are subject to vesting conditions"
Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.
FAQ
What insider transaction did ONE STOP SYSTEMS (OSS) report for Michael J. Dumont?
ONE STOP SYSTEMS reported that director Michael J. Dumont received 11,984 restricted stock units of common stock as a grant. The award was issued at no cash cost as part of his director compensation and is subject to vesting conditions under the company’s equity incentive plan.
What plan governs the restricted stock unit grant to the OSS director?
The restricted stock unit grant to director Michael J. Dumont was made under ONE STOP SYSTEMS’ 2017 Equity Incentive Plan, as amended. The 11,984 restricted stock units are compensation for board service and will vest only if specified vesting conditions outlined in the plan are satisfied.
Do the 11,984 OSS restricted stock units received by Michael J. Dumont vest immediately?
The 11,984 restricted stock units granted to Michael J. Dumont do not vest immediately. According to the disclosure, all of these units remain unvested and are subject to certain vesting conditions, meaning they convert into common shares only when those conditions are met.