RAIN interim CFO awarded 50,000 company shares
Rain Enhancement Technologies Holdco, Inc. reported that Interim CFO Oanh Truong received a grant of 50,000 shares of Class A Common Stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Rain Enhancement Technologies Holdco, Inc. reported that Interim CFO Oanh Truong received a grant of 50,000 shares of Class A Common Stock. The award was acquired for no cash consideration and increased Truong’s directly owned holdings to 50,000 shares.
The company notes that the closing stock price on the grant date was $2.20 per share, highlighting the indicative market value of this compensation-related equity grant.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 50,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares of Class A Common stock were granted for no cash consideration. The closing price of the stock on the day of the grant was $2.20.
Key Figures
Key Terms
Class A Common Stock financial
Grant, award, or other acquisition financial
no cash consideration financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RAIN’s interim CFO report on this Form 4?
Does the RAIN Form 4 show any stock sales or option exercises by the interim CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.