PodcastOne (PODC) director granted 32,911 RSUs as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Blackwood Carolyn reported acquisition or exercise transactions in this Form 4 filing.
PodcastOne, Inc. director Carolyn Blackwood received a grant of 32,911 Restricted Stock Units as board compensation. The RSUs were awarded as director fees for service on the board from October 1, 2024 to September 30, 2025 and vested on March 31, 2026.
Each RSU gives a contingent right to one share of PodcastOne common stock or its cash value. The board will choose whether payout is in stock, cash, or a mix under the company’s 2022 Equity Incentive Plan. Blackwood may defer settlement until she leaves the board or up to five years after vesting, and she now directly holds 32,911 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blackwood Carolyn
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 32,911 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 32,911 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 32,911 units
RSU vesting date: March 31, 2026
RSUs outstanding after grant: 32,911 units
3 metrics
RSUs granted
32,911 units
Director fees for service from October 1, 2024 to September 30, 2025
RSU vesting date
March 31, 2026
Vesting date for 32,911 Restricted Stock Units
RSUs outstanding after grant
32,911 units
Total Restricted Stock Units directly held after this transaction
Key Terms
Restricted Stock Units, 2022 Equity Incentive Plan, vesting date, director fees
4 terms
Restricted Stock Units financial
"The Restricted Stock Units (the "RSUs") were granted to the Reporting Person as director fees"
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.
2022 Equity Incentive Plan financial
"in accordance with the terms and conditions of the Issuer's 2022 Equity Incentive Plan"
vesting date financial
"The RSUs vested on March 31, 2026."
director fees financial
"were granted to the Reporting Person as director fees for service on the Issuer's board"
FAQ
What did PodcastOne (PODC) director Carolyn Blackwood report on this Form 4?
Carolyn Blackwood reported receiving 32,911 Restricted Stock Units as board compensation. The award reflects director fees for serving on PodcastOne’s board for the period from October 1, 2024 through September 30, 2025, and is classified as an acquisition, not an open-market stock purchase.
How many PodcastOne (PODC) Restricted Stock Units did Carolyn Blackwood receive?
She received 32,911 Restricted Stock Units. These RSUs represent a right to receive an equal number of PodcastOne common shares or the cash value, as determined under the company’s 2022 Equity Incentive Plan, providing equity-based compensation for her board service during the specified period.
When did Carolyn Blackwood’s PodcastOne (PODC) RSUs vest and what period do they cover?
The 32,911 RSUs vested on March 31, 2026. They were granted as director fees for her service on PodcastOne’s board from October 1, 2024 to September 30, 2025, aligning equity compensation with that one-year board service period for the company.
Will Carolyn Blackwood receive PodcastOne (PODC) stock or cash for these RSUs?
Each RSU entitles her to either one PodcastOne common share or its cash value. The board, under the 2022 Equity Incentive Plan, will decide the mix of stock and/or cash when settling the award, giving flexibility in the form of compensation delivered.
Can Carolyn Blackwood defer settlement of her PodcastOne (PODC) RSUs?
Yes. She may defer settlement of the RSUs until she no longer serves on the board, or for up to five years from the March 31, 2026 vesting date. This allows timing of when she actually receives stock or cash from the award.
How many PodcastOne (PODC) RSUs does Carolyn Blackwood hold after this transaction?
Following this grant, she directly holds 32,911 Restricted Stock Units. Each RSU is linked to one share of PodcastOne common stock or its cash value, so this position reflects her current equity-based board compensation from this specific award.