SideChannel (SDCH) CEO receives 53,361 RSUs and adds common shares
Rhea-AI Filing Summary
SideChannel, Inc. Chief Executive Officer Brian Wayne Haugli reported compensation-related equity activity. On March 16, 2026, he received a grant of 53,361 restricted stock units (RSUs) valued at $2.01 per unit. According to the filing, this award vests in three equal annual installments on the first business day of each March over the next three years.
The footnotes state that on March 2, 2026, 38,084 RSUs vested, with 13,372 shares of common stock withheld to cover taxes and 24,712 shares of common stock issued to him. Following these transactions and a previously effected 1-for-52 reverse stock split, he beneficially owns 1,732,114 shares of common stock and 104,554 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 53,361 | $2.01 | $107K |
| Tax Withholding | Restricted Stock Unit | 38,084 | $2.20 | $84K |
| holding | Common Stock | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the total amount of securities beneficially owned by the Reporting Person following the 1 for 52 reverse stock split, effective January 22, 2026. On March 2, 2026, 38,084 RSUs vested, 13,372 shares of common stock otherwise issuable pursuant to the vesting were withheld for the payment of taxes, resulting in the issuance of 24,712 shares of common stock to the Reporting Person. The closing price of the issuer's common stock on the transaction date. Represents the total amount of securities beneficially owned by the Reporting Person following the reported transactions above. Represents a 53,361 RSU award, one third of which shall vest on the first business day of each subsequent March, for the following three years.
FAQ
What did SideChannel (SDCH) CEO Brian Haugli report in this Form 4?
How many RSUs were granted to the SideChannel (SDCH) CEO and how do they vest?
What happened when SideChannel (SDCH) RSUs vested on March 2, 2026?
Did SideChannel (SDCH) disclose a reverse stock split affecting the CEO’s holdings?