PodcastOne grants 150,000 RSUs to president
Gray Christopher reported acquisition or exercise transactions in this Form 4 filing.
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
| 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 |
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
Key Terms
Restricted Stock Units financial
contingent right financial
Equity Incentive Plan financial
bonus compensation financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What RSU grants did PodcastOne (PODC) report for President Christopher Gray?
When do Christopher Gray's RSUs in PodcastOne (PODC) vest?
Are Christopher Gray's 2025 RSUs at PodcastOne (PODC) subject to stockholder approval?
What is the nature of the RSU bonus compensation for PodcastOne (PODC)'s president?
AI-generated analysis. How Rhea-AI works. Not financial advice.