STOCK TITAN

RYTHM, Inc. (RYM) director awarded 6,500 restricted stock units in Form 4

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

Rhea-AI Filing Summary

Tolia Sanjay reported acquisition or exercise transactions in this Form 4 filing.

RYTHM, Inc. director Sanjay Tolia received an equity award of 6,500 shares of Common Stock in the form of restricted stock units at no cash cost per share. After this grant, Tolia directly holds 12,750 shares. The restricted stock units will vest 100% on the earlier of one year from the grant date or the next annual stockholder meeting, provided Tolia continues to serve the company through that vesting date. This is a compensation-related award rather than an open-market share purchase.

Positive

  • None.

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Insider Tolia Sanjay
Role null
Type Security Shares Price Value
Grant/Award Common Stock 6,500 $0.00 --
Holdings After Transaction: Common Stock — 12,750 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 6,500 shares Restricted stock units granted to director on transaction date
Transaction price per share $0.0000 per share Reported price for the RSU grant
Shares held after transaction 12,750 shares Total direct Common Stock holdings after the award
Vesting trigger Earlier of 1 year or next annual meeting 100% vesting schedule for the RSUs, subject to service
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"
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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*
Tolia Sanjay

(Last)(First)(Middle)
2468 INDUSTRIAL ROW DRIVE

(Street)
TROY MICHIGAN 48084

(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)06/16/2026A6,500A$012,750D
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, Inc. director Sanjay Tolia report on this Form 4 for RYM?

Director Sanjay Tolia reported receiving 6,500 shares of RYTHM, Inc. Common Stock as a restricted stock unit award. The grant is compensation-related, carries no cash exercise price, and is subject to future vesting conditions tied to continued service.

How many RYTHM, Inc. shares did Sanjay Tolia acquire in this RYM filing?

Sanjay Tolia acquired 6,500 shares of RYTHM, Inc. Common Stock through a restricted stock unit grant. These units convert into shares upon vesting, increasing his direct holdings, rather than involving an open-market stock purchase transaction at a stated price.

What are the vesting terms of Sanjay Tolia’s restricted stock units at RYTHM, Inc.?

All 6,500 restricted stock units vest 100% on the earlier of one year after the grant date or the next annual stockholder meeting. Vesting requires Tolia’s continuous service with RYTHM, Inc. through the applicable vesting date under the company’s 2022 Omnibus Equity Incentive Plan.

How many RYTHM, Inc. shares does Sanjay Tolia hold after this Form 4 transaction?

Following the restricted stock unit grant, Sanjay Tolia directly holds 12,750 shares of RYTHM, Inc. Common Stock. This figure reflects his total direct ownership reported in the filing after the award, providing context for the size of the compensation grant relative to his position.

Was cash paid per share for Sanjay Tolia’s new RYTHM, Inc. award?

No cash was paid per share for this award; the transaction price per share is reported as 0.0000. The 6,500 restricted stock units represent an equity-based compensation grant under the company’s 2022 Omnibus Equity Incentive Plan, not an open-market stock purchase.