SideChannel CFO granted 35,574 RSUs
SideChannel, Inc. Chief Financial Officer Ryan Polk reported compensation-related equity activity.
Rhea-AI Filing Summary
SideChannel, Inc. Chief Financial Officer Ryan Polk reported compensation-related equity activity. On March 16, he received a grant of 35,574 restricted stock units (RSUs) at a reference price of $2.01 per share, which will vest in three equal annual installments each March.
On March 2, 25,745 RSUs vested; 10,602 shares of common stock were withheld to cover taxes, and 15,143 shares of common stock were issued to him, using a reference price of $2.20 per share. After these transactions, he directly beneficially owns 69,704 shares and RSUs in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Polk Ryan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 35,574 | $2.01 | $72K |
| Exercise Price or Tax Liability | Restricted Stock Unit | 25,745 | $2.20 | $57K |
| holding | Common Stock | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 129,579 shares (Direct);
Common Stock — 77,601 shares (Direct)
Footnotes (5)
- F1. Represents the total amount of securities beneficially owned by the Reporting Person following the 1 for 52 reverse stock split, effective January 22, 2026.
- F2. On March 2, 2026, 25,745 RSUs vested, 10,602 shares of common stock otherwise issuable pursuant to the vesting were withheld for the payment of taxes, resulting in the issuance of 15,143 shares of common stock to the Reporting Person.
- F3. The closing price of the issuer's common stock on the transaction date.
- F4. Represents the total amount of securities beneficially owned by the Reporting Person following the reported transactions above.
- F5. Represents a 35,574 RSU award, one third of which shall vest on the first business day of each subsequent March, for the following three years.
FAQ
What insider transactions did SideChannel (SDCH) report for CFO Ryan Polk?
SideChannel reported that CFO Ryan Polk received a 35,574 RSU grant and had 25,745 RSUs vest. Part of the vested shares were withheld for taxes, with remaining shares issued as common stock.
How many restricted stock units did SideChannel CFO Ryan Polk receive?
Ryan Polk received a new award of 35,574 restricted stock units. According to the disclosure, one third of these RSUs will vest on the first business day of each March over the next three years, subject to continued service.
How were taxes handled on Ryan Polk’s vested RSUs at SideChannel (SDCH)?
When 25,745 RSUs vested on March 2, 10,602 shares of common stock that would have been issued were instead withheld to pay taxes, and 15,143 shares of common stock were delivered to Ryan Polk.
What is Ryan Polk’s total SideChannel beneficial ownership after these Form 4 transactions?
After the reported equity grant and vesting, Ryan Polk beneficially owns 69,704 SideChannel securities in total. This figure includes his direct holdings of common stock and RSUs, as stated in the beneficial ownership footnote.
Were the SideChannel (SDCH) insider transactions open-market buys or sales?
The transactions were compensation-related, not open-market trades. Ryan Polk received an RSU grant and had RSUs vest, with some shares withheld for tax obligations. No open-market purchases or sales were reported in this disclosure.
What prices were used in SideChannel CFO Ryan Polk’s reported equity transactions?
The RSU grant on March 16 used a reference price of $2.01 per share, and the March 2 vesting and tax-withholding event used $2.20 per share, described as the closing price of SideChannel common stock on the respective transaction date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
