RYTHM, Inc. (RYM) director receives 5,000-share restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MAHONEY TIMOTHY reported acquisition or exercise transactions in this Form 4 filing.
RYTHM, Inc. director Timothy Mahoney received an equity award of 5,000 shares of Common Stock in the form of restricted stock units. The units were granted at no cash cost and are part of the company’s 2022 Omnibus Equity Incentive Plan.
All 5,000 restricted stock units will vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, provided Mahoney continues to serve the company through that vesting date. After this award, he holds 5,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MAHONEY TIMOTHY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units granted: 5,000 shares
Grant price per share: $0.00 per share
Shares held after transaction: 5,000 shares
3 metrics
Restricted stock units granted
5,000 shares
Award of Common Stock units to director on June 16, 2026
Grant price per share
$0.00 per share
Equity award granted at no cash cost
Shares held after transaction
5,000 shares
Direct ownership following the award
Key Terms
restricted stock units, 2022 Omnibus Equity Incentive Plan, continuous service, annual meeting of the stockholders
4 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"
continuous service financial
"subject to the reporting person's continuous service to the issuer through such vesting date"
annual meeting of the stockholders financial
"the next annual meeting of the stockholders of the issuer following the date of the grant"
FAQ
What insider transaction did RYTHM, Inc. (RYM) disclose in this Form 4?
RYTHM, Inc. disclosed that director Timothy Mahoney received an award of 5,000 restricted stock units of Common Stock. The grant was made at no cash cost as part of the company’s 2022 Omnibus Equity Incentive Plan for director compensation.
What are the vesting terms of Timothy Mahoney’s restricted stock units at RYTHM, Inc. (RYM)?
All 5,000 restricted stock units will vest on the earlier of one year from the grant date or the next annual stockholder meeting. Vesting is conditioned on Mahoney’s continuous service to RYTHM, Inc. through the applicable vesting date as specified in the grant terms.
Under which plan were the RYTHM, Inc. (RYM) restricted stock units granted to Timothy Mahoney?
The restricted stock units were granted under RYTHM, Inc.’s 2022 Omnibus Equity Incentive Plan, as amended. This plan authorizes equity-based awards such as restricted stock units to directors and other participants as part of the company’s long-term compensation structure.