Brera Holdings (SLMT) awards 42,212 RSUs to director Simha Erez
Rhea-AI Filing Summary
Brera Holdings PLC director Simha Erez reported an acquisition of 42,212 Class B ordinary shares, representing restricted stock units granted under the company's 2022 Equity Incentive Plan. These units vest in substantially equal quarterly installments over two years commencing July 9, 2026, with the first vesting on July 30, 2026, subject to continued service and other conditions. Following this award, Erez directly holds 68,193 Class B ordinary shares, and any unvested units will fully vest upon a Change in Control as defined in the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 42,212 shares
Net Buy
1 txn
Insider
Simha Erez
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Ordinary Shares F1 | 42,212 | $0.00 | $0.00 |
Holdings After Transaction:
Class B Ordinary Shares — 68,193 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units granted under the Company's 2022 Equity Incentive Plan (the "Plan"). Each restricted stock unit represents a contingent right to receive one Class B ordinary share of the registrant upon vesting. The award vests in substantially equal quarterly installments over two years commencing July 9, 2026, with the initial vesting date occurring on July 30, 2026, subject to the Reporting Person's continued service, the applicable terms of the Plan, and certain ownership and tax limitations set forth in Mr. Simha's amended offer letter, dated July 26, 2026. Any unvested restricted stock units will accelerate and vest in full upon a Change in Control, as defined in the Plan.
Key Figures
Equity award size: 42212.0000 Class B Ordinary Shares
Holdings after award: 68193.0000 Class B Ordinary Shares
Initial vesting date: July 30, 2026
+2 more
5 metrics
Equity award size
42212.0000 Class B Ordinary Shares
Restricted stock units representing Class B ordinary shares granted to Simha Erez
Holdings after award
68193.0000 Class B Ordinary Shares
Total Class B ordinary shares directly owned by Simha Erez following the grant
Initial vesting date
July 30, 2026
First quarterly vesting date for the restricted stock unit award
Vesting period
two years
Award vests in substantially equal quarterly installments over two years commencing July 9, 2026
Plan year
2022
Restricted stock units granted under the Company's 2022 Equity Incentive Plan
Key Terms
restricted stock units, 2022 Equity Incentive Plan, Change in Control, Class B ordinary share
4 terms
restricted stock units financial
"Represents restricted stock units granted under the Company's 2022 Equity Incentive Plan"
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.
2022 Equity Incentive Plan financial
"restricted stock units granted under the Company's 2022 Equity Incentive Plan"
Change in Control financial
"Any unvested restricted stock units will accelerate and vest in full upon a Change in Control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Simha Erez report in Brera Holdings (SLMT) Form 4?
Simha Erez reported an acquisition of 42,212 Class B ordinary shares, representing restricted stock units granted under Brera Holdings' 2022 Equity Incentive Plan as equity compensation rather than an open-market purchase.
What is the vesting schedule for Simha Erez’s SLMT restricted stock units?
The award vests in substantially equal quarterly installments over two years, commencing July 9, 2026, with the initial vesting date on July 30, 2026, subject to his continued service and applicable plan terms.
Under what conditions will Simha Erez’s SLMT restricted stock units vest?
Vesting is subject to continued service, the applicable terms of the 2022 Equity Incentive Plan, and certain ownership and tax limitations described in Mr. Erez’s amended offer letter dated July 26, 2026.
Do Simha Erez’s SLMT restricted stock units accelerate upon a Change in Control?
Yes. Any unvested restricted stock units will accelerate and vest in full upon a Change in Control, as that term is defined in Brera Holdings' 2022 Equity Incentive Plan.
Was Simha Erez’s SLMT equity grant made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked as applicable, so the reported equity grant was not affirmed as made under a Rule 10b5-1 trading plan.