Sonoma Pharmaceuticals (SNOA) awards 7,500 RSUs to controller Dal Poggetto
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dal Poggetto John reported acquisition or exercise transactions in this Form 4 filing.
Sonoma Pharmaceuticals, Inc. reported that Controller John Dal Poggetto received a grant of 7,500 Restricted Stock Units (RSUs), each representing a contingent right to one share of common stock. The RSUs vest on the third anniversary of the grant date or upon a change of control. Following this award, Dal Poggetto holds 32,750 RSUs directly, with no shares bought or sold in the market as part of this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dal Poggetto John
Role
Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 32,750 shares (Direct)
Footnotes (1)
- Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock. The RSUs vest on the third anniversary of the grant date, or upon change of control. The RSUs were awarded and granted to Mr. Dal Poggetto for services performed.
Key Figures
RSUs granted: 7,500 Restricted Stock Units
Total RSUs after grant: 32,750 Restricted Stock Units
Transaction price per unit: $0.0000 per RSU
+1 more
4 metrics
RSUs granted
7,500 Restricted Stock Units
Grant to Controller John Dal Poggetto as reported on the transaction date
Total RSUs after grant
32,750 Restricted Stock Units
Direct holdings of John Dal Poggetto following the reported transaction
Transaction price per unit
$0.0000 per RSU
Equity award granted as compensation, not a market purchase or sale
Underlying common shares
7,500 shares
Each RSU corresponds to one share of Sonoma Pharmaceuticals common stock
Key Terms
Restricted Stock Units, contingent right, change of control
3 terms
Restricted Stock Units financial
"security_title: Restricted Stock Units"
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 restricted stock unit (RSU) represents a contingent right"
change of control financial
"The RSUs vest on the third anniversary of the grant date, or upon change of control"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
FAQ
What did Sonoma Pharmaceuticals (SNOA) disclose about John Dal Poggetto’s equity compensation?
Sonoma Pharmaceuticals disclosed that Controller John Dal Poggetto received 7,500 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of common stock as part of his services compensation.
How many Restricted Stock Units were granted to the Sonoma Pharmaceuticals (SNOA) controller?
John Dal Poggetto was granted 7,500 RSUs. These RSUs are a form of equity compensation, each tied to one share of Sonoma Pharmaceuticals common stock upon vesting or settlement.
When do the newly granted RSUs to Sonoma Pharmaceuticals (SNOA) controller vest?
The RSUs vest on the third anniversary of the grant date or upon a change of control. Vesting means the RSUs convert into the right to receive common shares, subject to those conditions.
How many RSUs does Sonoma Pharmaceuticals (SNOA) controller hold after this transaction?
After the grant, John Dal Poggetto holds 32,750 RSUs directly. This total includes the newly awarded 7,500 RSUs, increasing his overall equity-based compensation position in the company.
What does each RSU granted to the Sonoma Pharmaceuticals (SNOA) controller represent?
Each RSU represents a contingent right to receive one share of common stock. The right becomes effective when the vesting conditions are met, including time-based vesting or a change of control event.