PSQ Holdings (PSQH) CSO exercises 50,000 RSUs, sells 40,768 shares for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PSQ Holdings, Inc. director and Chief Strategy Officer Dusty Wunderlich reported a mix of equity compensation activity and related share sales. On May 12, 2026, he exercised 50,000 Restricted Stock Units (RSUs) into Class A Common Stock at $0.00 per share, leaving 50,000 RSUs outstanding. Over May 13–15, 2026, he completed open-market sales totaling 40,768 shares at weighted average prices of $0.6595, $0.6118, and $0.5889 per share, with a footnote stating the shares were sold to cover taxes associated with RSU settlement. After these trades, he directly holds 109,592 Class A shares and indirectly holds 1,123,294 shares through SLDW Holdings, LLC, while a footnote explains he disclaims beneficial ownership beyond his pecuniary interest. Another footnote notes he was granted 150,000 RSUs under the 2023 Stock Incentive Plan, vesting in three equal installments beginning March 13, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,768 shares ($25,096)
Net Sell
6 txns
Insider
Wunderlich Dusty
Role
Chief Strategy Officer
Sold
40,768 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock, par value $0.0001 per share | 17,517 | $0.5889 | $10K |
| Sale | Class A Common Stock, par value $0.0001 per share | 11,606 | $0.6118 | $7K |
| Sale | Class A Common Stock, par value $0.0001 per share | 11,645 | $0.6595 | $8K |
| Exercise | Restricted Stock Units | 50,000 | $0.00 | -- |
| Exercise | Class A Common Stock, par value $0.0001 per share | 50,000 | $0.00 | -- |
| holding | Class A Common Stock, par value $0.0001 per share | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.0001 per share — 109,592 shares (Direct, null);
Restricted Stock Units — 50,000 shares (Direct, null);
Class A Common Stock, par value $0.0001 per share — 1,123,294 shares (Indirect, By SLDW Holdings, LLC)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's Class A Common Stock. The shares were sold to cover taxes associated with the settlement of RSUs. Reflects the weighted average price of 11,645 shares of Class A Common Stock sold by the reporting person in multiple transactions on May 13, 2026 with sales prices ranging from $0.613 to $0.718 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects the weighted average price of 11,606 shares of Class A Common Stock sold by the reporting person in multiple transactions on May 14, 2026 with sales prices ranging from $0.5871 to $0.6302 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects the weighted average price of 17,517 shares of Class A Common Stock sold by the reporting person in multiple transactions on May 15, 2026 with sales prices ranging from $0.5858 to $0.6000 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The reporting person was granted 150,000 RSUs under the Company's 2023 Stock Incentive Plan, to vest over three equal installments beginning March 13, 2025.
Key Figures
Shares sold: 40,768 shares
Sale price May 15, 2026: $0.5889 per share
Sale price May 14, 2026: $0.6118 per share
+5 more
8 metrics
Shares sold
40,768 shares
Open-market sales on May 13–15, 2026
Sale price May 15, 2026
$0.5889 per share
Weighted average sale price for 17,517 shares
Sale price May 14, 2026
$0.6118 per share
Weighted average sale price for 11,606 shares
Sale price May 13, 2026
$0.6595 per share
Weighted average sale price for 11,645 shares
RSUs exercised
50,000 units
Converted to Class A Common Stock at $0.00
Direct holdings post-transaction
109,592 shares
Class A Common Stock held directly after sales
Indirect holdings
1,123,294 shares
Class A Common Stock via SLDW Holdings, LLC
RSU grant size
150,000 RSUs
Under 2023 Stock Incentive Plan, vesting in three installments
Key Terms
Restricted Stock Units, weighted average price, pecuniary interest, indirect, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's Class A Common Stock."
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.
weighted average price financial
"Reflects the weighted average price of 11,645 shares of Class A Common Stock sold by the reporting person in multiple transactions on May 13, 2026"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein."
indirect financial
"total_shares_following_transaction: 1123294.0000, direct_or_indirect: "I", nature_of_ownership: "By SLDW Holdings, LLC""
Stock Incentive Plan financial
"The reporting person was granted 150,000 RSUs under the Company's 2023 Stock Incentive Plan, to vest over three equal installments"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
FAQ
What did PSQH executive Dusty Wunderlich report in this Form 4?
Dusty Wunderlich reported exercising 50,000 RSUs into Class A Common Stock and selling 40,768 shares in open-market transactions. The sales were disclosed as being made to cover taxes tied to RSU settlement, rather than discretionary portfolio changes.
What RSU activity did PSQH disclose for Dusty Wunderlich?
He exercised 50,000 Restricted Stock Units into Class A Common Stock at a conversion price of $0.00, leaving 50,000 RSUs outstanding. A footnote adds he was granted 150,000 RSUs under the 2023 Stock Incentive Plan, vesting in three equal installments.