STOCK TITAN

Director at Synergy CHC Corp. (SNYR) receives 306,433 RSU equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Synergy CHC Corp. director Kaushal Nitin received a stock-based compensation award of 306,433 restricted stock units on common stock. The award was reported as a grant or other acquisition with no cash price per share. According to the terms, each RSU represents a contingent right to one common share and the RSUs vested in full on the grant date. Following this grant, Nitin directly holds 306,433 common shares associated with this award.

Positive

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Negative

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Insider Kaushal Nitin
Role null
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.00001 per share 306,433 $0.00 --
Holdings After Transaction: Common Stock, par value $0.00001 per share — 306,433 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 306,433 units Restricted stock unit award to director Kaushal Nitin
Transaction price per share $0.0000 per share Reported for RSU grant
Shares held after transaction 306,433 shares Total common shares directly owned following grant
restricted stock units financial
"The reported securities are restricted stock units ("RSU")."
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.
RSU financial
"The reported securities are restricted stock units ("RSU")."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
2024 Equity Incentive Plan financial
"subject to the conditions set forth in the applicable RSU award agreement and Issuer's 2024 Equity Incentive Plan, as amended."
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kaushal Nitin

(Last)(First)(Middle)
C/O SYNERGY CHC CORP.
770 ROOSEVELT TRAIL STE 8 #1016

(Street)
N. WINDHAM MAINE 04062

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Synergy CHC Corp. [ SNYR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.00001 per share04/21/2026A306,433A$0306,433(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported securities are restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of common stock, par value $0.00001 per share, of Synergy CHC Corp. (the "Issuer"), subject to the conditions set forth in the applicable RSU award agreement and Issuer's 2024 Equity Incentive Plan, as amended. The RSUs vested in full on the grant date.
/s/ Nelson Mullins Riley & Scarborough LLP, Attorney-in-Fact04/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Synergy CHC Corp. (SNYR) report for Kaushal Nitin?

Synergy CHC Corp. reported that director Kaushal Nitin received a grant of 306,433 restricted stock units. Each RSU represents a contingent right to one common share, and the entire award vested immediately on the grant date under the company’s 2024 Equity Incentive Plan.

How many Synergy CHC Corp. (SNYR) shares are tied to the latest RSU grant?

The latest grant covers 306,433 restricted stock units, each linked to one share of common stock. This means the award represents 306,433 potential common shares, subject to the conditions described in the RSU agreement and the 2024 Equity Incentive Plan.

Was cash paid for the Synergy CHC Corp. (SNYR) RSU grant to Kaushal Nitin?

No cash price per share was reported for the RSU grant, which is typical for stock-based compensation awards. The filing shows a transaction price of $0.0000 per share, reflecting that this was an equity compensation grant rather than an open-market purchase.

Did the restricted stock units for Synergy CHC Corp. (SNYR) vest immediately?

Yes. The footnote states that the RSUs vested in full on the grant date. This means all 306,433 units became fully vested at once, subject to the conditions in the RSU award agreement and the 2024 Equity Incentive Plan.

What is Kaushal Nitin’s direct holding after the Synergy CHC Corp. (SNYR) RSU grant?

After the reported transaction, Kaushal Nitin directly holds 306,433 common shares associated with this RSU award. The Form 4 shows total shares following the transaction equal to 306,433, reflecting his direct ownership position after the grant vested.