QumulusAI CTO granted 94,313-share RSU award
QumulusAI’s chief technology officer received several multi-year service-based restricted stock unit awards and now reports significant unvested and indirect equity holdings.
Rhea-AI Filing Summary
QumulusAI, Inc. (symbol: QMLS) is the issuer of record for a Form 4 filing submitted to the SEC. DiRocco Ryan Anthony reported acquisition or exercise transactions in this Form 4 filing.
QumulusAI, Inc. (QMLS) reported that Chief Technology Officer Ryan Anthony DiRocco received three equity awards of 85,179, 94,313, and 9,737 shares of common stock on September 1, 2026, all granted at no cash cost as restricted stock units under the 2026 Equity Incentive Plan and subject to multi‑year service-based vesting schedules.
After these awards, his reported holdings include 167,934 shares subject to future vesting and 33,334 shares held indirectly through RAD Corporate Holdings Inc.; the transactions are not reported as made under a Rule 10b5‑1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 189,229 shares
Grant/Award
4 txns
Insider
DiRocco Ryan Anthony
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 85,179 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 94,313 | $0.00 | $0.00 |
| Grant/Award | Common Stock F3, F4 | 9,737 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 235,262 shares (Direct);
Common Stock — 33,334 shares (Indirect, By RAD Corporate Holdings Inc.)
Footnotes (4)
- F1. These shares vest with respect to 21,295 shares on September 1, 2026 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date.
- F2. These shares vest with respect to 23,578 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date.
- F3. These shares vest with respect to 4,869 shares on February 24, 2027, with respect to 2,434 shares on May 24, 2027, and with respect to 2,434 shares on August 24, 2027.
- F4. Includes 167,934 shares to be issued upon vesting pursuant to restricted stock unit awards granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI through the applicable vesting dates.
Key Figures
RSU grant 1 size: 85,179 shares
RSU grant 2 size: 94,313 shares
RSU grant 3 size: 9,737 shares
+5 more
8 metrics
RSU grant 1 size
85,179 shares
Restricted stock unit award of QumulusAI common stock granted on September 1, 2026
RSU grant 2 size
94,313 shares
Second restricted stock unit award granted on September 1, 2026
RSU grant 3 size
9,737 shares
Additional restricted stock unit award granted on September 1, 2026
Initial vesting from first RSU grant
21,295 shares
Vesting on September 1, 2026 from the 85,179-share RSU award
Initial vesting from second RSU grant
23,578 shares
Vesting on September 1, 2027 from the 94,313-share RSU award
Unvested RSUs after transactions
167,934 shares
Shares to be issued upon vesting pursuant to restricted stock unit awards
Indirectly held shares
33,334 shares
QumulusAI common stock held indirectly through RAD Corporate Holdings Inc.
RSU grant price
$0.00 per share
Stated grant price for each restricted stock unit award of common stock
Key Terms
restricted stock unit, Equity Incentive Plan, indirect ownership, vesting
4 terms
restricted stock unit financial
"pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Equity Incentive Plan financial
"granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
indirect ownership financial
"shares reported as held indirectly by RAD Corporate Holdings Inc."
vesting financial
"These shares vest with respect to 21,295 shares on September 1, 2026 and with respect to 6.25% of the remaining shares quarterly"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What new equity awards did QMLS grant to its CTO Ryan DiRocco?
On September 1, 2026, QumulusAI granted Chief Technology Officer Ryan DiRocco 85,179, 94,313, and 9,737 shares of common stock as restricted stock unit awards at a stated price of $0.00 per share, all under the QumulusAI, Inc. 2026 Equity Incentive Plan.
How do the new QMLS RSU awards to the CTO vest over time?
One award vests 21,295 shares on September 1, 2026, then 6.25% of the remainder quarterly over 12 quarters from December 1, 2026. Another vests 23,578 shares on September 1, 2027, then 6.25% quarterly over 12 quarters from December 1, 2027, conditioned on continued employment.
Were the QMLS CTO’s reported transactions made under a Rule 10b5-1 plan?
No. The filing does not indicate that the September 1, 2026 equity awards to the QumulusAI chief technology officer were made pursuant to a Rule 10b5‑1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
