PodcastOne director granted 38,396 RSUs
Arani Ramin reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Arani Ramin reported acquisition or exercise transactions in this Form 4 filing.
PodcastOne, Inc. director Ramin Arani received a grant of 38,396 Restricted Stock Units as board compensation. The award covers service from October 1, 2024 to September 30, 2025 and brings his directly held RSU balance reported in this filing to 38,396 units.
The RSUs are scheduled to vest on March 31, 2026, provided he continues serving on the board through that date. Each RSU represents a contingent right to receive either one share of PodcastOne common stock or the cash value, with the board deciding the payout form under the 2022 Equity Incentive Plan.
Arani may choose to defer settlement of the RSUs until he leaves the board or for up to five years after vesting. This filing reflects a compensation-related equity grant rather than an open-market purchase or sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 38,396 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Restricted Stock Units (the "RSUs") were granted to the Reporting Person as director fees for service on the Issuer's board of directors (the "Board") for the period from October 1, 2024 to September 30, 2025. The RSUs shall vest on March 31, 2026 (the "Vesting Date"), subject to the Reporting Person's continued service on the Board through the Vesting Date. Each RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof. The Board, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2022 Equity Incentive Plan the form of payout of the RSUs (cash and/or stock). The Reporting Person shall have the option to defer the settlement of the RSUs until the earlier of such time as the Reporting Person is no longer serving on the Board or up to five years from the vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PodcastOne (PODC) director Ramin Arani report in this Form 4?
How many Restricted Stock Units did PODC grant to director Ramin Arani?
When do Ramin Arani’s PodcastOne RSUs vest and what is the service period?
What does each PodcastOne RSU granted to Ramin Arani represent?
Can Ramin Arani defer settlement of his PodcastOne RSUs?
Is the PODC Form 4 for a market trade or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.