RYTHM director receives 5,000 RSUs in equity grant

Shapiro Peter S. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Shapiro Peter S. reported acquisition or exercise transactions in this Form 4 filing.

RYTHM, Inc. director Peter S. Shapiro received a grant of 5,000 shares of common stock in the form of restricted stock units under the company’s 2022 Omnibus Equity Incentive Plan. All units vest in a single tranche on the earlier of one year from grant or the next annual stockholder meeting, subject to his continuous service, bringing his direct holdings to 11,300 shares.

Insider Trade Summary

Grant/Award: 5,000 shares

Grant/Award 1 txn

Insider Shapiro Peter S.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,000	$0.00	$0.00

Holdings After Transaction: Common Stock — 11,300 shares (Direct)

Footnotes (1)

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

Equity award size: 5,000 shares Per-share grant price: $0.00 per share Holdings after grant: 11,300 shares +1 more

4 metrics

Equity award size 5,000 shares Restricted stock units granted to director on acquisition date

Per-share grant price $0.00 per share Director equity award, non-cash compensation

Holdings after grant 11,300 shares Director’s direct ownership following RSU grant

Vesting schedule 100% cliff vesting Earlier of one year from grant or next annual stockholder meeting

Key Terms

restricted stock units, 2022 Omnibus Equity Incentive Plan, annual meeting of the stockholders, continuous service

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"

annual meeting of the stockholders financial

"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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did RYTHM (RYM) director Peter S. Shapiro report on this Form 4?

Peter S. Shapiro reported receiving 5,000 shares of RYTHM common stock in the form of restricted stock units. These were granted under the company’s 2022 Omnibus Equity Incentive Plan as a compensation award, not an open-market purchase or sale.

How many RYTHM (RYM) shares does Peter S. Shapiro hold after this grant?

After the grant, Peter S. Shapiro holds 11,300 RYTHM common shares directly. This total includes the 5,000 restricted stock units reported in the filing, reflecting his updated ownership position following the equity award.

When do Peter S. Shapiro’s RYTHM (RYM) restricted stock units vest?

The 5,000 restricted stock units will vest 100% on the earlier of one year from the grant date or the next annual stockholder meeting. Vesting is conditioned on Shapiro’s continuous service to RYTHM through the applicable vesting date.

Was cash paid for the 5,000 RYTHM (RYM) shares reported in this Form 4?

No cash was paid for these shares; the per-share transaction price is listed as zero. The 5,000 shares were granted as restricted stock units under RYTHM’s 2022 Omnibus Equity Incentive Plan, reflecting equity-based director compensation.

Is this RYTHM (RYM) Form 4 an open-market buy or sell transaction?

This Form 4 does not show an open-market buy or sell. It reports an acquisition coded as a grant or award of 5,000 restricted stock units, representing compensation rather than a discretionary market trade in RYTHM shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/18/2026 - 04:18 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Shapiro Peter S.

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	06/16/2026		A		5,000	A	$0	11,300	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-Fact	06/18/2026
	** Signature of Reporting Person	Date
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)