Ridgepost Capital CEO converts grants to 218,102 shares
The RSU grant schedule called for ratable vesting on the first, second and third anniversaries, subject to continuous service through each date.
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Rhea-AI Filing Summary
Ridgepost Capital, Inc. (RPC) reported that Chairman of the Board and CEO Luke A. Sarsfield III converted 218,102 restricted stock units into 218,102 shares of Class A common stock on October 23, 2026. On that date, 120,605 shares were delivered or withheld for payment of exercise price or tax liability at $8.86 per share. The related RSUs were granted October 23, 2023 and vested ratably on the first, second and third anniversaries, subject to continuous service through each vesting date. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 218,102 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 218,102 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 120,605 | $8.86 | $1.07M |
Footnotes (2)
- F1. 1. Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's Class A Common Stock upon vesting.
- F2. On October 23, 2023, the reporting person was granted RSUs, which vest ratably on the first, second and third anniversaries of the grant date, provided that the reporting person remains in continuous service with the Issuer through each such vesting date.
Key Figures
Key Terms
restricted stock unit financial
vest ratably financial
continuous service financial
FAQ
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How many RPC RSUs did Luke A. Sarsfield III convert?
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