PodcastOne (PODC) awards 150,000 milestone-based RSUs to President Gray
Rhea-AI Filing Summary
Gray Christopher reported acquisition or exercise transactions in this Form 4 filing.
PodcastOne, Inc. reported that its President, Christopher Gray, received two grants of Restricted Stock Units as bonus compensation for reaching milestones. He was awarded 100,000 RSUs on June 23, 2025, vesting April 21, 2027 subject to stockholder approval of a plan amendment and irrespective of his employment status on that date, and 50,000 RSUs on March 9, 2026, vesting January 8, 2028 irrespective of his employment status. Each RSU represents a contingent right to one share of common stock or equivalent cash, with payout form determined under the company’s 2022 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gray Christopher
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F3 | 50,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2 | 100,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 150,000 shares (Direct)
Footnotes (3)
- F1. Represents the Issuer's Restricted Stock Units (the "RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof. The Issuer's board of directors, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2022 Equity Incentive Plan, as amended, the form of payout of the RSUs (cash and/or stock).
- F2. These RSUs were granted to the Reporting Person as bonus compensation in recognition of reaching certain milestones, which RSUs shall vest in full on April 21, 2027, irrespective of the Reporting Person's employment status with the Issuer on such vesting date. The grant of these RSUs is subject to approval by the Issuer's stockholders of an amendment to the Plan to be voted upon by the Issuer's stockholders at the Issuer's 2026 Annual Meeting of Stockholders.
- F3. These RSUs were granted to the Reporting Person as bonus compensation in recognition of reaching certain milestones, which RSUs shall vest in full on January 8, 2028, irrespective of the Reporting Person's employment status with the Issuer on such vesting date.
Key Figures
RSUs granted June 23, 2025: 100,000 RSUs
RSUs granted March 9, 2026: 50,000 RSUs
Total RSUs granted: 150,000 RSUs
+1 more
4 metrics
RSUs granted June 23, 2025
100,000 RSUs
Bonus compensation vesting April 21, 2027, subject to stockholder approval
RSUs granted March 9, 2026
50,000 RSUs
Bonus compensation vesting January 8, 2028
Total RSUs granted
150,000 RSUs
Combined size of the June 23, 2025 and March 9, 2026 awards
RSU-to-share ratio
1 share per RSU
Each RSU represents a contingent right to one share of common stock or cash value
Key Terms
Restricted Stock Units, contingent right, Equity Incentive Plan, bonus compensation
4 terms
Restricted Stock Units financial
"Represents the Issuer's Restricted Stock Units (the "RSUs"). Each RSU rep"
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
"Each RSU represents a contingent right to receive one share of the Issuer's"
Equity Incentive Plan financial
"terms and conditions of the Issuer's 2022 Equity Incentive Plan, as amended,"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
bonus compensation financial
"These RSUs were granted to the Reporting Person as bonus compensation in"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What RSU grants did PodcastOne (PODC) report for President Christopher Gray?
President Christopher Gray received two milestone-based RSU grants from PodcastOne. He was granted 100,000 Restricted Stock Units on June 23, 2025 and 50,000 Restricted Stock Units on March 9, 2026, each convertible into common stock or cash under the 2022 Equity Incentive Plan.
When do Christopher Gray's RSUs in PodcastOne (PODC) vest?
Gray’s 100,000 RSUs granted June 23, 2025 vest in full on April 21, 2027. His 50,000 RSUs granted March 9, 2026 vest in full on January 8, 2028, with both grants vesting irrespective of his employment status on the respective vesting dates.
Are Christopher Gray's 2025 RSUs at PodcastOne (PODC) subject to stockholder approval?
Yes. The 100,000 RSUs granted June 23, 2025 will vest April 21, 2027, but the grant is subject to approval by PodcastOne stockholders of an amendment to the 2022 Equity Incentive Plan at the company’s 2026 Annual Meeting of Stockholders.
What is the nature of the RSU bonus compensation for PodcastOne (PODC)'s president?
Both RSU grants to Christopher Gray are described as bonus compensation for reaching certain milestones. The awards vest on fixed future dates, regardless of his employment status at vesting, and may be settled in stock, cash, or a combination, per plan terms.