Off The Hook YS (OTH) director receives 55,000 RSUs with staged vesting
Rhea-AI Filing Summary
Off The Hook YS Inc. reported an equity award to one of its directors totaling 55,000 restricted stock units (RSUs) tied to common stock. The RSU grants were dated 12/09/2025 and carry a conversion price of $0, meaning no cash exercise price is required when they vest. The filing shows 5,000 RSUs and 20,000 RSUs that vested immediately on the grant date, giving the director an immediate contingent right to receive 25,000 shares.
An additional 30,000 RSUs are scheduled to vest in full on the first anniversary of the 12/09/2025 grant date, as long as the director continues to serve the company. After these grants, the director beneficially owns 55,000 derivative securities in the form of RSUs, all held directly.
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FAQ
What insider transaction did Off The Hook YS Inc. (OTH) disclose in this Form 4?
The company disclosed that a director received equity compensation in the form of 55,000 restricted stock units (RSUs) linked to Off The Hook YS Inc. common stock on 12/09/2025.
How many Off The Hook YS Inc. (OTH) RSUs vested immediately for the director?
The director received 5,000 RSUs and an additional 20,000 RSUs that vested immediately on the 12/09/2025 grant date, for a total of 25,000 immediately vested RSUs.
When do the remaining RSUs granted by Off The Hook YS Inc. (OTH) vest?
The remaining 30,000 RSUs are scheduled to vest in full on the first anniversary of the 12/09/2025 grant date, subject to the director’s continued service with the company.
What does each RSU granted by Off The Hook YS Inc. (OTH) represent?
Each restricted stock unit (RSU) represents a contingent right to receive one share of Off The Hook YS Inc. common stock upon vesting.
Does the Off The Hook YS Inc. (OTH) director have to pay to exercise these RSUs?
The RSUs have a conversion or exercise price of $0, so no cash exercise price is required when the RSUs vest into common shares.
How many Off The Hook YS Inc. (OTH) RSUs does the director beneficially own after this grant?
Following the reported transactions, the director beneficially owns 55,000 derivative securities in the form of RSUs, held directly.