SharonAI (SHAZ) director discloses 39,904 restricted stock units
Rhea-AI Filing Summary
SharonAI Holdings Inc. director Kelton Alexander Andrew filed an initial ownership report showing he directly holds restricted stock units representing 39,904 shares of SHAZ Class A Ordinary Common Stock. Each unit converts into one share, with one-third vesting on each of February 6, 2027, 2028 and 2029. The restricted stock units have no expiration date, indicating they remain outstanding until vested and settled or otherwise addressed under the award terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kelton Alexander Andrew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 39,904 shares (Direct)
Footnotes (1)
- F1. Each restricted stock unit represents a contingent right to receive one share of SHAZ Class A Ordinary Common Stock. One-third (1/3) of the shares underlying the restricted stock units will vest on each of February 6, 2027, 2028 and 2029. The restricted stock units have no expiration date.
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FAQ
What does the SharonAI (SHAZ) Form 3 filing disclose for Kelton Alexander Andrew?
The Form 3 shows director Kelton Alexander Andrew holds restricted stock units representing 39,904 shares of SHAZ Class A Ordinary Common Stock. It establishes his initial beneficial ownership position in equity-based compensation tied to future vesting milestones.
How many SharonAI (SHAZ) restricted stock units does the director report owning?
Kelton Alexander Andrew reports direct ownership of restricted stock units covering 39,904 shares of SHAZ Class A Ordinary Common Stock. Each unit represents a contingent right to receive one share if and when the vesting conditions are satisfied.
What is the vesting schedule for the SharonAI (SHAZ) director’s restricted stock units?
The restricted stock units vest in three equal installments. One-third of the underlying shares vest on February 6, 2027, one-third on February 6, 2028, and the final third on February 6, 2029, subject to the award’s conditions.
What does each SharonAI (SHAZ) restricted stock unit represent in this Form 3?
Each restricted stock unit represents a contingent right to receive one share of SHAZ Class A Ordinary Common Stock. Settlement occurs as units vest, aligning the director’s potential share ownership with the company’s long-term performance and service requirements.
Do the SharonAI (SHAZ) restricted stock units reported have an expiration date?
The filing states the restricted stock units have no expiration date. They remain outstanding until they vest and are settled in shares, or are otherwise forfeited or adjusted under the terms of the applicable equity award agreement.