RYTHM director granted 6,500 RSUs
Tolia Sanjay reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,500 | $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
FAQ
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What did RYTHM, Inc. director Sanjay Tolia report on this Form 4 for RYM?
What are the vesting terms of Sanjay Tolia’s restricted stock units at RYTHM, Inc.?
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