Director at Rythm (RYM) sells 2,250 shares and is granted 5,000 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RYTHM, Inc. director Armon Vakili reported both a stock award and share sales. On June 16, Vakili received 5,000 restricted stock units under the company’s 2022 Omnibus Equity Incentive Plan, vesting in full on the earlier of one year from grant or the next annual stockholder meeting, subject to continued service.
On June 17, Vakili sold a total of 2,250 shares of common stock in open-market transactions at weighted average prices generally ranging from about $25.00 to $27.41 per share. After these transactions, Vakili directly holds 10,850 shares of RYTHM common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,250 shares ($59,676)
Net Sell
4 txns
Insider
Vakili Armon
Role
null
Sold
2,250 shs ($60K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 105 | $25.00 | $3K |
| Sale | Common Stock | 1,705 | $26.4487 | $45K |
| Sale | Common Stock | 440 | $27.1721 | $12K |
| Grant/Award | Common Stock | 5,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,995 shares (Direct, null)
Footnotes (1)
- Award granted in the form of restricted stock units under the issuer's 2022 Omnibus Equity Incentive Plan, as amended. 100% of the restricted stock units will vest on the earlier of (i) the one year anniversary of the date of the grant of the restricted stock units and (ii) the next annual meeting of the stockholders of the issuer following the date of the grant of the restricted stock units, subject to the reporting person's continuous service to the issuer through such vesting date. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.07 to $26.96, inclusive. The reporting person hereby undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (3) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.03 to $27.41, inclusive.
Key Figures
Shares sold: 2,250 shares
Sale price (weighted average 1): $27.1721 per share
Sale price (weighted average 2): $26.4487 per share
+5 more
8 metrics
Shares sold
2,250 shares
Total open-market sales on June 17, 2026
Sale price (weighted average 1)
$27.1721 per share
Open-market sale of 440 shares on June 17, 2026
Sale price (weighted average 2)
$26.4487 per share
Open-market sale of 1,705 shares on June 17, 2026
Sale price (third trade)
$25.00 per share
Open-market sale of 105 shares on June 17, 2026
RSU award size
5,000 units
Restricted stock units granted June 16, 2026
Post-transaction holdings
10,850 shares
Common stock held directly after reported transactions
RSU grant price
$0.0000 per unit
No-cash-cost equity award under 2022 plan
Price range (footnote)
$26.07–$27.41 per share
Ranges for multiple trades included in weighted averages
Key Terms
restricted stock units, 2022 Omnibus Equity Incentive Plan, weighted average price, annual meeting of the stockholders, +1 more
5 terms
restricted stock units financial
"Award granted in the form of restricted stock units under the issuer's 2022 Omnibus Equity Incentive Plan"
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.
2022 Omnibus Equity Incentive Plan financial
"under the issuer's 2022 Omnibus Equity Incentive Plan, as amended"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
annual meeting of the stockholders regulatory
"the next annual meeting of the stockholders of the issuer following the date of the grant"
continuous service financial
"subject to the reporting person's continuous service to the issuer through such vesting date"
FAQ
What insider transactions did Armon Vakili report for RYM?
Armon Vakili reported a grant of 5,000 restricted stock units and open-market sales of 2,250 RYTHM, Inc. common shares. The award was received on June 16, and the sales occurred on June 17 at several weighted average prices.
What stock award did Armon Vakili receive from RYTHM (RYM)?
Vakili received an award of 5,000 restricted stock units under RYTHM’s 2022 Omnibus Equity Incentive Plan. The award was granted at no cash cost per unit and represents compensation in company equity rather than a market purchase of shares.
When do Armon Vakili’s RYTHM restricted stock units vest?
All 5,000 restricted stock units will vest 100% on the earlier of one year after the grant date or the next annual stockholder meeting. Vesting is conditioned on Vakili’s continuous service to RYTHM, Inc. through the applicable vesting date.
What do the weighted average prices in Armon Vakili’s RYTHM sales mean?
The reported prices are weighted averages for multiple trades executed within price ranges. For example, one sale covered trades between $26.07 and $26.96 per share. Vakili has undertaken to provide full breakdowns of shares sold at each price on request.