Richtech Robotics (NASDAQ: RR) COO granted 600,000 RSAs Class B shares
Rhea-AI Filing Summary
Richtech Robotics Inc. Chief Operating Officer Phil Zheng reported equity compensation activity in Class B Common Stock. On December 4, 2025, he received 600,000 restricted stock awards granted by the Board of Directors, which were fully vested on the grant date and reported at a price of $0 per share. On the same date, 222,000 shares were withheld at a reported price of $4.59 per share to cover his tax liability related to the RSA vesting, a withholding approved by the Board. After these transactions, he directly beneficially owned 1,378,000 shares of Class B Common Stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 600,000 | $0.00 | -- |
| Tax Withholding | Class B Common Stock | 222,000 | $4.59 | $1.02M |
Footnotes (1)
- Represents 600,000 restricted stock awards ("RSAs") granted by the Board of Directors of the Issuer the Reporting Person on December 4, 2025. The RSAs were fully vested on the date of granting. The reported securities were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of RSAs. The tax withholding was approved by the Board of Directors of the Issuer.
FAQ
What insider activity did Richtech Robotics (RR) disclose for its COO?
The Chief Operating Officer, Phil Zheng, reported receiving 600,000 fully vested restricted stock awards of Class B Common Stock and a related tax withholding of 222,000 shares, both dated December 4, 2025.
What role does the reporting person hold at Richtech Robotics (RR)?
The reporting person, Phil Zheng, serves as Chief Operating Officer of Richtech Robotics Inc., as indicated in the filing.
Who approved the equity grant and tax withholding for the Richtech Robotics COO?
The Board of Directors of Richtech Robotics Inc. granted the 600,000 restricted stock awards and approved the share withholding used to cover the COO’s tax liability.