PSQ Holdings (PSQH) CSO Dusty Wunderlich granted 57,975 restricted shares, RSUs converted
Rhea-AI Filing Summary
PSQ Holdings, Inc. director and Chief Strategy Officer Dusty Wunderlich reported equity compensation and related adjustments. On August 11, 2026, he received 57,975 shares of restricted stock, which vest in full on January 29, 2027. The company’s compensation committee also converted all of his outstanding restricted stock units into restricted stock, including 3,333 RSUs converted into an equal number of Class A common shares that will vest on March 13, 2027. Following adjustments for the 1-for-15 reverse stock split effective July 13, 2026, he is also reported as indirectly holding 74,886 shares of Class A common stock through SLDW Holdings, LLC, while disclaiming beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 61,308 shares
Net Buy
4 txns
Insider
Wunderlich Dusty
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Restricted Stock Units F5, F3, F2 | 3,333 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock, par value $0.0001 per share F1, F2 | 57,975 | $0.00 | $0.00 |
| Conversion | Class A Common Stock, par value $0.0001 per share F3 | 3,333 | $0.00 | $0.00 |
| holding | Class A Common Stock, par value $0.0001 per share F2, F4 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock, par value $0.0001 per share — 68,614 shares (Direct);
Class A Common Stock, par value $0.0001 per share — 74,886 shares (Indirect, By SLDW Holdings, LLC)
Footnotes (5)
- F1. Represents 57,975 shares of restricted stock, which vest in full on January 29, 2027.
- F2. Previous number of shares beneficially owned has been adjusted to reflect the 1-for-15 reverse stock split of the issuer's Class A Common Stock on July 13, 2026.
- F3. On August 11, 2026, the compensation committee of the issuer converted all of the reporting person's outstanding restricted stock units ("RSUs") into shares of restricted stock with identical vesting terms. These shares of restricted stock will vest on March 13, 2027.
- F4. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F5. Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock.
Key Figures
Restricted stock grant: 57,975 shares
RSUs converted: 3,333 RSUs / 3,333 shares
Indirect holdings: 74,886 shares
+3 more
6 metrics
Restricted stock grant
57,975 shares
Shares of restricted stock vesting in full on January 29, 2027
RSUs converted
3,333 RSUs / 3,333 shares
RSUs converted into restricted Class A common stock vesting March 13, 2027
Indirect holdings
74,886 shares
Class A common stock held indirectly through SLDW Holdings, LLC
Reverse stock split ratio
1-for-15
Reverse split of Class A Common Stock effective July 13, 2026
Vesting date (restricted grant)
January 29, 2027
Vesting date for 57,975 restricted shares
Vesting date (converted RSUs)
March 13, 2027
Vesting date for restricted shares issued upon RSU conversion
Key Terms
restricted stock units, restricted stock, reverse stock split, beneficial ownership, +1 more
5 terms
restricted stock units financial
"The compensation committee converted all of the reporting person's outstanding restricted stock units"
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.
restricted stock financial
"Represents 57,975 shares of restricted stock, which vest in full on January 29, 2027"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
reverse stock split financial
"adjusted to reflect the 1-for-15 reverse stock split of the issuer's Class A Common Stock"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest"
FAQ
What equity award did PSQH executive Dusty Wunderlich receive in this Form 4?
Dusty Wunderlich received an award of 57,975 shares of restricted stock, which will vest in full on January 29, 2027. This grant represents equity compensation in the form of Class A common stock subject to time-based vesting conditions.
How were Dusty Wunderlich’s PSQH restricted stock units treated on August 11, 2026?
On August 11, 2026, the compensation committee converted all of his outstanding RSUs into restricted stock with identical vesting terms. This includes 3,333 RSUs converted into 3,333 shares of Class A common stock vesting on March 13, 2027.
What does the PSQH Form 4 disclose about Dusty Wunderlich’s indirect holdings?
The filing reports 74,886 shares of PSQ Holdings Class A common stock held indirectly through SLDW Holdings, LLC. Wunderlich disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in that entity.
How did the PSQH 1-for-15 reverse stock split affect reported ownership?
Reported ownership figures were adjusted for a 1-for-15 reverse stock split of PSQ Holdings’ Class A common stock effective July 13, 2026. A footnote states that the previously reported number of shares beneficially owned was revised to reflect this reverse split.
Were the PSQH transactions reported by Dusty Wunderlich under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote describing a trading plan. The reported activity reflects equity grants, RSU conversion, and updated holdings rather than open-market purchases or sales under a preset plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
