SMX (SMX; SMXWW) interim CFO awarded 200,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SMX (Security Matters) Public Ltd Co reported that Interim CFO and director Amir Bader received an award of 200,000 restricted stock units, each representing one ordinary share at a grant price of $0.00 per share.
The restricted stock units convert into ordinary shares on January 31, 2027. Following this award, Bader’s direct holdings increased to 308,846 ordinary shares in total, reflecting a compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bader Amir
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 200,000 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 308,846 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU award size: 200,000 units
Grant price: $0.00 per share
Holdings after award: 308,846 shares
+1 more
4 metrics
RSU award size
200,000 units
Restricted stock units granted to Interim CFO Amir Bader
Grant price
$0.00 per share
Price per ordinary share underlying the RSU award
Holdings after award
308,846 shares
Total direct SMX ordinary shares held by Bader after grant
Settlement date
January 31, 2027
Date RSUs settle into ordinary shares
Key Terms
restricted stock units, ordinary shares, contingent right
3 terms
restricted stock units financial
"Represents restricted stock units, each of which represents a contingent right to receive one ordinary 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.
contingent right financial
"each of which represents a contingent right to receive one ordinary share"
FAQ
What equity award did SMX (SMX) Interim CFO Amir Bader receive?
Amir Bader received an award of 200,000 restricted stock units, each equal to one SMX ordinary share. These units were granted at a price of $0.00 per share as part of his compensation, rather than through an open-market purchase.
When do Amir Bader’s 200,000 SMX restricted stock units settle?
The 200,000 restricted stock units awarded to Amir Bader settle into SMX ordinary shares on January 31, 2027. On that date, each unit converts into one ordinary share, adding to his direct equity position in the company.
Is Amir Bader’s SMX equity award a market purchase or a compensation grant?
The 200,000 SMX units are a compensation-related grant, not a market purchase. They were issued at $0.00 per share as restricted stock units that vest into ordinary shares, rather than being bought on the open market by Bader.
What does each SMX restricted stock unit granted to Amir Bader represent?
Each restricted stock unit granted to Amir Bader represents a contingent right to receive one SMX ordinary share. These rights only become actual shares when they settle on January 31, 2027, aligning his compensation with future company performance.