Ridgepost EVP converts 20,471 RSUs to shares
Ridgepost Capital EVP Jairath Sarita Narson had RSUs vest into Class A shares, with a portion of the stock withheld to cover exercise price or tax obligations.
Rhea-AI Filing Summary
Ridgepost Capital, Inc. (RPC) reported that executive vice president and Head of Global Client Solutions, Jairath Sarita Narson, had restricted stock units convert into 20,471 shares of Class A Common Stock on September 16, 2026.
On the same date, 10,451 shares of Class A Common Stock were delivered or withheld to pay the exercise price or related tax liability at $7.91 per share. Each restricted stock unit represents a right to receive one share of Class A Common Stock upon vesting, and the units referenced were part of an award granted on September 16, 2024 that vests in three equal annual installments, subject to continued service. No Rule 10b5-1 trading plan is indicated for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
20,471 shares exercised/converted
Exercise
3 txns
Insider
Jairath Sarita Narson
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 20,471 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 20,471 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 10,451 | $7.91 | $83K |
Holdings After Transaction:
Restricted Stock Units — 20,471 contracts (Direct);
Class A Common Stock — 46,015 shares (Direct)
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 September 16, 2024, 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
RSUs converted: 20,471 units
Shares delivered/withheld: 10,451 shares
Per-share value for tax/exercise: $7.91 per share
+2 more
5 metrics
RSUs converted
20,471 units
Restricted stock units converting into Class A Common Stock on September 16, 2026
Shares delivered/withheld
10,451 shares
Class A Common Stock used to pay exercise price or tax liability on September 16, 2026
Per-share value for tax/exercise
$7.91 per share
Value applied to the 10,451 shares delivered or withheld
RSU-to-share ratio
1.0
Each restricted stock unit represents a right to receive one share of Class A Common Stock upon vesting
RSU grant date
September 16, 2024
Grant date of the RSUs that vest over three years, subject to continued service
Key Terms
Restricted Stock Units, Class A Common Stock, continuous service, tax liability
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a right to receive one share of the Issuer's Class A Common Stock upon vesting"
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.
Class A Common Stock financial
"Each restricted stock unit represents a right to receive one share of the Issuer's Class A Common Stock upon vesting"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
continuous service financial
"provided that the reporting person remains in continuous service with the Issuer through each such vesting date"
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ridgepost Capital (RPC) executive Jairath Sarita Narson report on this Form 4?
Narson reported the conversion of 20,471 restricted stock units into Class A Common Stock on September 16, 2026, and a related delivery or withholding of 10,451 shares of Class A Common Stock to pay the exercise price or associated tax liability.
What are the vesting terms of the RSUs reported for Ridgepost Capital (RPC)?
The RSUs were granted on September 16, 2024 and vest in three equal installments on the first, second, and third anniversaries of the grant date, provided the reporting person remains in continuous service with Ridgepost Capital through each vesting date.
Was a Rule 10b5-1 plan used for these Ridgepost Capital (RPC) transactions?
No. The filing indicates that these transactions were not reported as being made under a Rule 10b5-1 trading plan, so they are not identified as pre-arranged trades under such a plan.
What position does the reporting person hold at Ridgepost Capital (RPC)?
The reporting person, Jairath Sarita Narson, serves as EVP, Head of Global Client Solutions at Ridgepost Capital, according to the Form 4 disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
