Rare Earths Americas (REA) director receives grant of 6,610 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rare Earths Americas director Daniel Shribman received a grant of 6,610 restricted stock units (RSUs). These RSUs are a form of equity compensation that can convert into up to 6,610 shares of REA common stock, with no cash paid by the director for the grant.
The RSUs will vest on the earlier of one year from the grant date or the day before REA's 2027 annual meeting, provided Shribman continues his service with the company. After this award, he holds 6,610 RSUs directly, reflecting a routine compensation-related equity grant rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shribman Daniel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,610 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,610 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of REA common stock. The Restricted Stock Units will vest on the earlier of one year from the date of grant or the day before REA's annual meeting in 2027, subject to continued employment with REA.
Key Figures
RSUs granted: 6,610 units
Underlying shares: 6,610 shares
Shares after transaction: 6,610 units
+1 more
4 metrics
RSUs granted
6,610 units
Restricted stock units awarded to director on grant date
Underlying shares
6,610 shares
Common stock potentially issuable upon RSU vesting
Shares after transaction
6,610 units
Total restricted stock units held directly following grant
Grant price
$0.0000 per unit
RSUs granted at no cash cost to the director
Key Terms
Restricted Stock Units, vest, contingent right
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of REA 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.
vest financial
"The Restricted Stock Units will vest on the earlier of one year from the date of grant or the day before REA's annual meeting in 2027, subject to continued employment with REA."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of REA common stock."
FAQ
What did Rare Earths Americas (REA) director Daniel Shribman report on this Form 4?
Daniel Shribman reported receiving 6,610 restricted stock units as equity compensation. These units can convert into 6,610 shares of REA common stock, reflecting a routine grant rather than any open-market buying or selling of shares.
How many restricted stock units did Daniel Shribman receive from Rare Earths Americas (REA)?
He received 6,610 restricted stock units linked to REA common stock. Each unit represents a contingent right to one share, giving him potential future ownership of 6,610 REA shares if vesting conditions are satisfied.
When do Daniel Shribman’s REA restricted stock units vest?
The restricted stock units vest on the earlier of one year from the grant date or the day before REA’s 2027 annual meeting. Vesting is conditioned on his continued employment or service with Rare Earths Americas through that time.