Director Ajesh Kapoor awarded 128,762 Algorhythm (RIME) shares in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kapoor Ajesh reported acquisition or exercise transactions in this Form 4 filing.
Algorhythm Holdings, Inc. director Ajesh Kapoor reported an equity award of 128,762 shares of common stock. The shares were granted on February 23, 2026 at a stated price of $0.00 per share, bringing his directly held total to 128,762 shares following the grant.
The Board of Directors granted the award under Kapoor’s Amended and Restated Employment Agreement with SemicCab Holdings, LLC, a subsidiary of Algorhythm Holdings, Inc., pursuant to the company’s 2022 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kapoor Ajesh
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 128,762 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 128,762 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Algorhythm Holdings (RIME) report for Ajesh Kapoor?
Algorhythm Holdings reported that director Ajesh Kapoor received a grant of 128,762 shares of common stock. The award was issued at a stated price of $0.00 per share and increased his directly held position to 128,762 shares immediately after the transaction.
Under what plan was the Algorhythm Holdings (RIME) equity granted to Ajesh Kapoor?
The 128,762-share grant to director Ajesh Kapoor was made under the Algorhythm Holdings, Inc. 2022 Equity Incentive Plan. The award was provided pursuant to his Amended and Restated Employment Agreement with SemicCab Holdings, LLC, a subsidiary of Algorhythm Holdings.