Director at PodcastOne (PODC) settles 32,911 RSUs into stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PodcastOne, Inc. director Carolyn Blackwood exercised previously granted Restricted Stock Units, converting 32,911 RSUs into the same number of common shares at a stated price of $0.00 per share. These RSUs were granted as director fees for service from October 1, 2024 to September 30, 2025.
Following the settlement on March 31, 2026, Blackwood directly holds 55,493 shares of PodcastOne common stock. The filing reflects a compensation-related equity settlement rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
32,911 shares exercised/converted
Mixed
2 txns
Insider
Blackwood Carolyn
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 32,911 | $0.00 | -- |
| Exercise | Common Stock, $0.00001 par value | 32,911 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, $0.00001 par value — 55,493 shares (Direct)
Footnotes (1)
- Restricted Stock Units convert into the Issuer's common stock on a one-for-one basis. Represents vested Restricted Stock Units (the "RSUs") that were settled on the reported date, which RSUs were previously granted to the Reporting Person as director fees for service on the Issuer's board of directors for the period from October 1, 2024 to September 30, 2025. Each vested RSU was settled by the Issuer by delivery to the Reporting Person of one share of Issuer's common stock.
Key Figures
RSUs exercised: 32,911 units
Common shares acquired: 32,911 shares
Shares held after transaction: 55,493 shares
+1 more
4 metrics
RSUs exercised
32,911 units
Restricted Stock Units converted to common stock on March 31, 2026
Common shares acquired
32,911 shares
Shares received from RSU settlement at $0.00 per share
Shares held after transaction
55,493 shares
Direct PodcastOne common stock holdings following RSU settlement
Board service period for RSUs
October 1, 2024 to September 30, 2025
Service period covered by granted director fee RSUs
Key Terms
Restricted Stock Units, derivative security, director fees
3 terms
Restricted Stock Units financial
"Restricted Stock Units convert into the Issuer's common stock on a one-for-one basis."
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
director fees financial
"RSUs were previously granted to the Reporting Person as director fees for service on the Issuer's board of directors"
FAQ
What insider transaction did PodcastOne (PODC) director Carolyn Blackwood report?
Carolyn Blackwood reported exercising 32,911 Restricted Stock Units, which converted into 32,911 shares of PodcastOne common stock. The RSUs represented director fees, and each unit was settled one-for-one in common shares at a stated price of $0.00 per share.
Were Carolyn Blackwood’s PodcastOne (PODC) transactions open-market buys or sells?
The reported transactions were not open-market buys or sells. They were the exercise and settlement of Restricted Stock Units previously granted as director compensation, converting into common stock without a market purchase or sale and at a stated price of $0.00 per share.
What period of board service did the PodcastOne (PODC) RSUs cover for Carolyn Blackwood?
The Restricted Stock Units settled for Carolyn Blackwood were granted as director fees for service on PodcastOne’s board from October 1, 2024 to September 30, 2025. Each vested RSU was exchanged for one share of PodcastOne common stock on the reported settlement date.
What does the RSU conversion ratio mean in Carolyn Blackwood’s PodcastOne (PODC) filing?
The filing states that Restricted Stock Units convert into PodcastOne common stock on a one-for-one basis. This means each RSU held by Carolyn Blackwood was settled by delivering one share of common stock, resulting in 32,911 new common shares from 32,911 RSUs.