Solidion director awarded 12,853 stock units
A Solidion Technology Inc. director received a multi-year restricted stock unit award tied to continued service and potential acceleration upon certain corporate transactions.
Rhea-AI Filing Summary
Solidion Technology Inc. (STI) reported that director Davis John Linzy acquired 12,853 shares of common stock on September 1, 2026 through a restricted stock unit award granted under the company’s 2023 Equity Incentive Plan, with no cash consideration reported.
The award will vest in tranches of 4,284 shares on September 1, 2027 and 4,284 shares on September 1, 2028, with the remaining portion vesting on September 1, 2029, subject to Mr. Linzy’s continuous service. Vesting terminates upon service termination, but all unvested units become fully vested if a defined Corporate Transaction occurs without assumption or substitution and he remains in service through its effective time. Following this award, he holds 52,853 shares of common stock directly. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 12,853 shares
Grant/Award
1 txn
Insider
Davis John Linzy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 12,853 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 52,853 shares (Direct)
Footnotes (2)
- F1. The Reporting Person received a restricted stock unit award pursuant to the Issuer's 2023 Equity Incentive Plan that will vest as to (i) 4,284 shares on September 1, 2027; (ii) 4,284 shares on September 1, 2028; and (iii) the remaining shares in this award on September 1, 2029.
- F2. Vesting will terminate upon the Reporting Person's termination of continuous service. In the event of a Corporate Transaction (as defined in the Plan) in which the surviving or acquiring corporation does not assume, continue, or substitute the restricted stock units, and the Reporting Person remains in continuous service through the effective time of such Corporate Transaction, all unvested restricted stock units reported herein will become fully vested.
Key Figures
Restricted stock unit award: 12,853 shares
First vesting tranche: 4,284 shares
Second vesting tranche: 4,284 shares
+2 more
5 metrics
Restricted stock unit award
12,853 shares
Common stock units granted on September 1, 2026 to director Davis John Linzy
First vesting tranche
4,284 shares
Scheduled to vest on September 1, 2027, subject to continuous service
Second vesting tranche
4,284 shares
Scheduled to vest on September 1, 2028, subject to continuous service
Post-transaction holdings
52,853 shares
Total common stock held directly by the reporting person after the award
Reported transaction price per share
$0.00 per share
Form 4 reports no cash consideration per share for the restricted stock unit award
Key Terms
restricted stock unit, 2023 Equity Incentive Plan, continuous service, Corporate Transaction
4 terms
restricted stock unit financial
"The Reporting Person received a restricted stock unit award pursuant to the Issuer's 2023 Equity Incentive Plan"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2023 Equity Incentive Plan financial
"received a restricted stock unit award pursuant to the Issuer's 2023 Equity Incentive Plan"
continuous service financial
"Vesting will terminate upon the Reporting Person's termination of continuous service"
Corporate Transaction financial
"In the event of a Corporate Transaction (as defined in the Plan)"
FAQ
What insider transaction did STI disclose for director Davis John Linzy?
STI disclosed that director Davis John Linzy received a restricted stock unit award covering 12,853 shares of common stock on September 1, 2026 under the company’s 2023 Equity Incentive Plan, reported at no cash price per share.
How do the new restricted stock units for STI’s director vest?
The award vests as to 4,284 shares on September 1, 2027, 4,284 shares on September 1, 2028, and the remaining shares on September 1, 2029. Vesting is subject to continuous service by the reporting person.
What happens to the STI restricted stock units if the director’s service ends?
The filing states that vesting will terminate upon the reporting person’s termination of continuous service. Any unvested restricted stock units would then stop vesting under the terms described.
Can the STI restricted stock units vest early in a Corporate Transaction?
Yes. If a Corporate Transaction (as defined in the 2023 Equity Incentive Plan) occurs and the surviving or acquiring corporation does not assume, continue, or substitute the units, and the director remains in continuous service through the effective time, all unvested units will become fully vested.
Was the STI director’s equity award made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating that the reported transaction was made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
