SharonAI (SHAZ) director awarded 6,944 and 40,000 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Penn Andrew Richard reported acquisition or exercise transactions in this Form 4 filing.
SharonAI Holdings Inc. director Penn Andrew Richard received two new restricted stock unit (RSU) awards as equity compensation. On May 22, 2026, he was granted 6,944 RSUs and a separate grant of 40,000 RSUs, each RSU representing one share of SHAZ Class A Ordinary Common Stock or its cash equivalent.
The 6,944-unit award will vest in three equal installments on the 12‑, 24‑, and 36‑month anniversaries of the grant date, aligning value with longer-term service. The 40,000-unit award will vest in twelve equal monthly installments over the 12 months following the grant date, providing more regular, short-term vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Penn Andrew Richard
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 40,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6,944 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 40,000 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of SHAZ Class A Ordinary Common Stock and/or the cash equivalent of such share. The restricted stock units will vest in three equal installments, with one-third vesting on each of the 12-month, 24-month, and 36-month anniversaries of the date of grant. The restricted stock units will vest in twelve equal monthly installments over the twelve-month period following the date of grant.
Key Figures
RSU grant size: 6,944 RSUs
Second RSU grant size: 40,000 RSUs
Post-grant RSUs in first award: 46,944 RSUs
+4 more
7 metrics
RSU grant size
6,944 RSUs
Grant to director on May 22, 2026
Second RSU grant size
40,000 RSUs
Additional grant on May 22, 2026
Post-grant RSUs in first award
46,944 RSUs
Total units following first reported transaction
Post-grant RSUs in second award
40,000 RSUs
Total units following second reported transaction
Transaction price per RSU
$0.00 per unit
Grant or award acquisition code A
Three-installment vesting period
36 months
6,944 RSUs vest in three annual tranches
Monthly vesting period
12 months
40,000 RSUs vest in twelve equal monthly installments
Key Terms
Restricted Stock Units, Class A Ordinary Common Stock, vest in three equal installments, twelve equal monthly installments, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
Class A Ordinary Common Stock financial
"one share of SHAZ Class A Ordinary Common Stock and/or the cash equivalent"
vest in three equal installments financial
"will vest in three equal installments, with one-third vesting on each of the 12-month"
twelve equal monthly installments financial
"will vest in twelve equal monthly installments over the twelve-month period"
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What did SharonAI (SHAZ) director Penn Andrew Richard report in this Form 4?
He reported receiving two equity awards of restricted stock units. One grant covers 6,944 RSUs and the other 40,000 RSUs, both granted on May 22, 2026 as part of his director compensation at SharonAI Holdings Inc.
How many RSUs were granted to the SharonAI (SHAZ) director and on what date?
The director received 6,944 restricted stock units and a separate grant of 40,000 restricted stock units. Both awards were granted on May 22, 2026, according to the Form 4 insider transaction report filed for SharonAI Holdings Inc.
How do the new SharonAI (SHAZ) RSU awards vest for the director?
The 6,944-unit award vests in three equal installments on the 12‑, 24‑, and 36‑month anniversaries of the grant date. The 40,000-unit award vests in twelve equal monthly installments over the 12 months following the grant date for SharonAI Holdings Inc.
What does each restricted stock unit represent in the SharonAI (SHAZ) Form 4?
Each RSU represents a contingent right to receive one share of SharonAI Holdings Inc. Class A Ordinary Common Stock and/or the cash equivalent of that share, tying the director’s compensation directly to the company’s equity value over time.
Is this SharonAI (SHAZ) Form 4 a stock purchase or a compensation grant?
This filing reflects compensation grants, not open-market stock purchases. The Form 4 shows grant or award acquisitions of restricted stock units, with a transaction price per unit of $0.00, consistent with equity-based compensation for the SharonAI director.