Research Alliance Corp IV (RACD) sponsor gets 275K share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hammond Matthew reported acquisition or exercise transactions in this Form 4 filing.
Research Alliance Corp IV reported that an entity affiliated with Chief Executive Officer Matthew Hammond, Research Alliance Holdings IV LLC, received a grant of 275,000 Class A Ordinary Shares at $10.00 per share. The shares are held indirectly, and Hammond may be deemed a beneficial owner but disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hammond Matthew
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 275,000 | $10.00 | $2.75M |
Holdings After Transaction:
Class A Ordinary Shares — 275,000 shares (Indirect, By Research Alliance Holdings IV LLC)
Footnotes (1)
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Key Figures
Shares acquired: 275,000 Class A Ordinary Shares
Price per share: $10.00
Shares held after transaction: 275,000 Class A Ordinary Shares
3 metrics
Shares acquired
275,000 Class A Ordinary Shares
Non-derivative grant or award acquisition on 2026-07-14
Price per share
$10.00
Grant price for Class A Ordinary Shares
Shares held after transaction
275,000 Class A Ordinary Shares
Indirectly held by Research Alliance Holdings IV LLC following the award
Key Terms
beneficial ownership, pecuniary interest, indirect
3 terms
beneficial ownership financial
"may be deemed to have beneficial ownership of the securities held directly"
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"
indirect financial
"total_shares_following_transaction reported as indirect ownership by Research Alliance Holdings IV LLC"
FAQ
Was Matthew Hammond's RACD transaction a market purchase?
No. The transaction is coded A, described as a grant, award, or other acquisition of Class A Ordinary Shares at $10.00 per share. It reflects a non-derivative award through an affiliated entity, not an open-market buy or sell.
What positions does Matthew Hammond hold at Research Alliance Corp IV (RACD)?
Matthew Hammond is reported as a director, the Chief Executive Officer, and a ten percent owner of Research Alliance Corp IV. His Form 4 reflects an indirect share grant through Research Alliance Holdings IV LLC.