Richtech Robotics (RR) director reports 64,000 Class B awards grants
Rhea-AI Filing Summary
Richtech Robotics Inc. director Saul Factor reported multiple equity awards of Class B common stock received as compensation. He was granted 12,000 restricted stock awards on July 8, 2024 and 10,000 on November 20, 2024, both fully vested on the grant dates. He was then granted 18,000 restricted stock awards on February 17, 2025, with 6,000 vesting on each of February 17, 2025, May 17, 2025 and August 17, 2025. A further 24,000 restricted stock awards were granted on October 29, 2025 and vest quarterly in equal installments beginning November 17, 2025. Following the latest grant, he beneficially owned 64,000 shares of Class B common stock directly.
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FAQ
Who is the insider reporting this Form 4 for Richtech Robotics (RR)?
The reporting person is Saul Factor, who serves as a director of Richtech Robotics Inc..
What type of securities did Saul Factor receive from Richtech Robotics (RR)?
He received Class B common stock of Richtech Robotics Inc. through restricted stock awards (RSAs).
How many Richtech Robotics Class B shares does Saul Factor own after these grants?
After the reported transactions, Saul Factor beneficially owned 64,000 shares of Richtech Robotics Inc. Class B common stock directly.
What equity awards did Richtech Robotics (RR) grant on July 8, 2024 and November 20, 2024?
On July 8, 2024, he was granted 12,000 restricted stock awards that fully vested at grant. On November 20, 2024, he was granted 10,000 restricted stock awards, also fully vested at grant.
What are the vesting terms for the February 17, 2025 Richtech Robotics (RR) grant?
The 18,000 restricted stock awards granted on February 17, 2025 vest in three tranches of 6,000 each on February 17, 2025, May 17, 2025 and August 17, 2025.
How do the October 29, 2025 restricted stock awards from Richtech Robotics (RR) vest?
The 24,000 restricted stock awards granted on October 29, 2025 vest quarterly in equal installments beginning on November 17, 2025.
Did Saul Factor pay a purchase price for the Richtech Robotics (RR) shares reported on this Form 4?
The transactions list a price of $0 per share for each grant, indicating these restricted stock awards were granted as compensation rather than purchased in the market.