PSQ Holdings (PSQH) grants CFO James Rinn 125,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rinn James reported acquisition or exercise transactions in this Form 4 filing.
PSQ Holdings, Inc. reported that Chief Financial Officer James Rinn received a grant of 125,000 shares of Class A common stock in the form of unvested restricted stock units. These RSUs will vest on July 9, 2027, subject to his continuous service. Following this award, he holds 254,864 shares/RSUs of Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rinn James
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.0001 per share | 125,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.0001 per share — 254,864 shares (Direct, null)
Footnotes (1)
- Represents unvested restricted stock units ("RSUs"), which will vest on July 9, 2027, subject to the reporting person's continuous service to the issuer. Certain of the securities reported in Column 5 of Table I are restricted stock units RSUs. Each RSU represents a contingent right to receive one share of Class A common stock, par value $0.0001 per share, subject to the applicable vesting schedule and conditions of the applicable RSU award and the issuer's Amended and Restated 2023 Stock Incentive Plan.
Key Figures
RSU grant size: 125,000 shares
Holdings after transaction: 254,864 shares/RSUs
Vesting date: July 9, 2027
+1 more
4 metrics
RSU grant size
125,000 shares
Unvested restricted stock units of Class A common stock granted to CFO James Rinn
Holdings after transaction
254,864 shares/RSUs
Total direct Class A common stock and RSU position after the grant
Vesting date
July 9, 2027
Vesting date for the 125,000 unvested restricted stock units, subject to continuous service
Par value
$0.0001 per share
Par value of PSQ Holdings, Inc. Class A common stock underlying the RSUs
Key Terms
restricted stock units, contingent right, Amended and Restated 2023 Stock Incentive Plan
3 terms
restricted stock units financial
"Represents unvested restricted stock units ("RSUs"), which will vest on July 9, 2027"
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 Class A common stock"
Amended and Restated 2023 Stock Incentive Plan financial
"subject to the applicable vesting schedule and conditions of the applicable RSU award and the issuer's Amended and Restated 2023 Stock Incentive Plan"
FAQ
What insider transaction did PSQH disclose for CFO James Rinn?
PSQ Holdings, Inc. (PSQH) disclosed that CFO James Rinn received a grant of 125,000 RSUs of Class A common stock, bringing his direct holdings to 254,864 shares/RSUs after the award.
Is the recent PSQH insider transaction a purchase or a grant?
The PSQH insider transaction for CFO James Rinn is a grant/award acquisition of 125,000 restricted stock units, reported with transaction code A, rather than an open-market share purchase or sale.
When will the 125,000 RSUs granted to PSQH CFO James Rinn vest?
The 125,000 restricted stock units granted to PSQH CFO James Rinn will vest on July 9, 2027, provided he maintains continuous service with PSQ Holdings, Inc. through that date.
What does each PSQH RSU granted to CFO James Rinn represent?
Each PSQH RSU granted to CFO James Rinn represents a contingent right to receive one share of Class A common stock, subject to the applicable vesting schedule and conditions under the company’s Amended and Restated 2023 Stock Incentive Plan.