RYTHM director granted 5,000 restricted stock units
MAHONEY TIMOTHY reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
2022 Omnibus Equity Incentive Plan financial
continuous service financial
annual meeting of the stockholders financial
FAQ
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What insider transaction did RYTHM, Inc. (RYM) disclose in this Form 4?
What are the vesting terms of Timothy Mahoney’s restricted stock units at RYTHM, Inc. (RYM)?
Under which plan were the RYTHM, Inc. (RYM) restricted stock units granted to Timothy Mahoney?
AI-generated analysis. How Rhea-AI works. Not financial advice.