STOCK TITAN

RYTHM (RYM) director awarded 5,000 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Varier Krishnan reported acquisition or exercise transactions in this Form 4 filing.

RYTHM, Inc. director Varier Krishnan received an equity award of 5,000 shares of Common Stock via restricted stock units. The grant was made at a price of $0.00 per share as compensation, not an open-market purchase. After this award, Krishnan directly holds 10,000 shares of the company.

According to the terms, 100% of the restricted stock units will vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, as long as Krishnan continues to serve the company through that vesting date.

Positive

  • None.

Negative

  • None.
Insider Varier Krishnan
Role null
Type Security Shares Price Value
Grant/Award Common Stock 5,000 $0.00 --
Holdings After Transaction: Common Stock — 10,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 5,000 shares Restricted stock unit award of Common Stock
Grant price $0.00 per share Compensation grant, not open-market purchase
Shares after transaction 10,000 shares Director’s direct holdings following the award
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"
vesting financial
"100% of the restricted stock units will vest on the earlier of the one year anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"subject to the reporting person's continuous service to the issuer through such vesting date"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Varier Krishnan

(Last)(First)(Middle)
2220 HICKS ROAD
SUITE 210

(Street)
ROLLING MEADOWS ILLINOIS 60008

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RYTHM, Inc. [ RYM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock(1)06/16/2026A5,000A$010,000D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
/s/ Kathryn A. Lloyd, Attorney-in-Fact06/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did RYTHM (RYM) director Varier Krishnan report on this Form 4?

Varier Krishnan reported receiving 5,000 shares of RYTHM Common Stock as a restricted stock unit award. The grant is compensation-based at $0.00 per share, increasing his direct holdings to 10,000 shares after the transaction.

Is the RYTHM (RYM) Form 4 transaction a market buy or sell?

The transaction is not a market buy or sell. It is a grant of 5,000 restricted stock units at $0.00 per share, described as a grant or award acquisition made under RYTHM’s 2022 Omnibus Equity Incentive Plan.

When do the 5,000 RYTHM (RYM) restricted stock units vest for Varier Krishnan?

All 5,000 restricted stock units vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, provided Krishnan maintains continuous service with RYTHM through that vesting date.

How many RYTHM (RYM) shares does Varier Krishnan hold after this Form 4 transaction?

Following the award, Varier Krishnan directly holds 10,000 shares of RYTHM Common Stock. This total reflects his position after the 5,000-share restricted stock unit grant reported in the Form 4 filing.

Under which plan were the RYTHM (RYM) restricted stock units granted to Varier Krishnan?

The award was granted under RYTHM’s 2022 Omnibus Equity Incentive Plan, as amended. The plan provides equity-based compensation such as restricted stock units, subject to specified vesting conditions and continued service requirements.