Rumble (RUM) director gets RSU grant, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rumble Inc. director Jerry Naumoff reported routine equity compensation activity. He received 33,519 shares of Class A Common Stock as a grant, recorded at $0.0000 per share, tied to restricted stock units that vest on June 12, 2027. On the same date, 6,819 shares were disposed of at $7.54 per share to cover tax liability arising from the vesting of restricted stock units. Following these transactions, he directly holds 91,087 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Naumoff Jerry
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.0001 per share | 33,519 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, par value $0.0001 per share | 6,819 | $7.54 | $51K |
Holdings After Transaction:
Class A Common Stock, par value $0.0001 per share — 91,087 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units of the Issuer vesting on June 12, 2027. Relates to tax liability arising from the vesting of restricted stock units.
Key Figures
Tax-withholding shares: 6,819 shares
Tax-withholding price: $7.54 per share
Equity grant size: 33,519 shares
+3 more
6 metrics
Tax-withholding shares
6,819 shares
Shares delivered/withheld at $7.54 to cover tax liability
Tax-withholding price
$7.54 per share
Value used for 6,819 shares related to RSU tax liability
Equity grant size
33,519 shares
Grant of Class A Common Stock via restricted stock units
Grant price
$0.0000 per share
Recorded price for the 33,519-share equity grant
Holdings after transactions
91,087 shares
Directly held Class A Common Stock after reported Form 4 activity
RSU vesting date
June 12, 2027
Vesting date for the reported restricted stock unit grant
Key Terms
restricted stock units, tax liability, Class A Common Stock, grant, award, or other acquisition, +1 more
5 terms
restricted stock units financial
"Grant of restricted stock units of the Issuer vesting on June 12, 2027."
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.
tax liability financial
"Relates to tax liability arising from the vesting of restricted stock units."
Class A Common Stock financial
"Class A Common Stock, par value $0.0001 per share"
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.
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
Payment of exercise price or tax liability by delivering securities financial
"Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transactions did Rumble (RUM) director Jerry Naumoff report?
Jerry Naumoff reported a grant of 33,519 shares of Class A Common Stock and a disposition of 6,819 shares used to satisfy tax liabilities from restricted stock unit vesting, leaving him with 91,087 directly held shares.
Was the Rumble (RUM) insider transaction an open-market buy or sell?
The transactions were not open-market trades. Shares were granted as equity compensation and 6,819 shares were withheld or delivered to cover tax liabilities from restricted stock unit vesting, a common non-market mechanism for handling taxes.
What are the terms of the restricted stock units granted to Rumble (RUM) director Jerry Naumoff?
The filing notes a grant of restricted stock units that convert into 33,519 shares of Rumble Class A Common Stock. These restricted stock units are scheduled to vest on June 12, 2027, subject to the usual vesting conditions described for such awards.