SharonAI (SHAZ) General Counsel reports 9,417 RSUs in Form 3 filing
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SharonAI Holdings Inc. General Counsel Timothy James Flahvin has reported an initial holding of restricted stock units in the company. The filing shows 9,417 restricted stock units, each representing a contingent right to receive one share of SHAZ Class A Ordinary Common Stock.
The restricted stock units carry an exercise price of $0.00 and will vest on February 6, 2027. The footnote explains that these units have no expiration date, highlighting that this is a compensation-related equity award rather than a market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Flahvin Timothy James
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 9,417 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units held: 9,417 units
Exercise price: $0.00 per unit
Vesting date: February 6, 2027
3 metrics
Restricted stock units held
9,417 units
Initial ownership of RSUs, each for one Class A Ordinary share
Exercise price
$0.00 per unit
Conversion price for restricted stock units into Class A Ordinary shares
Vesting date
February 6, 2027
Date when the 9,417 restricted stock units will vest
Key Terms
Restricted Stock Units, Class A Ordinary Common Stock, vest
3 terms
Restricted Stock Units financial
"Each restricted stock unit 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"
vest financial
"The restricted stock units will vest on February 6, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.