Stewards director reports 45,000 RSUs, no shares
New director Bode John B reports 45,000 time-based RSUs and no current common stock ownership in Stewards, Inc.
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Form Type
3
Rhea-AI Filing Summary
Stewards, Inc. (SWRD) disclosed the initial holdings of director Bode John B in a Form 3. He holds 45,000 Restricted Stock Units (RSUs) granted on May 8, 2026 under the 2024 Equity Incentive Plan, each representing one share of common stock that cliff-vests 100% on May 8, 2027, subject to continued board service. The filing states that he beneficially owns no shares of Stewards, Inc. common stock as of the event date.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Bode John B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Restricted Stock Units F1 | -- | -- | -- |
| Holding | Common Stock, par value $0.0001 per share F2 | -- | -- | -- |
Holdings:
Restricted Stock Units — 45,000 units (Direct);
Common Stock, par value $0.0001 per share — 0 shares (Direct)
Footnotes (2)
- F1. Represents 45,000 restricted stock units granted on May 8, 2026 under the issuer's 2024 Equity Incentive Plan. The units cliff-vest 100% on May 8, 2027, subject to continued service as a director. Each unit represents the right to receive one share of common stock upon settlement. The units have no expiration date other than forfeiture if the vesting conditions are not met.
- F2. The reporting person beneficially owns no shares of the issuer's common stock as of the Date of Event.
Key Figures
Restricted Stock Units granted: 45,000 units
Underlying common shares for RSUs: 45,000 shares
RSU exercise price: $0.00 per unit
+2 more
5 metrics
Restricted Stock Units granted
45,000 units
Granted on May 8, 2026 under the 2024 Equity Incentive Plan
Underlying common shares for RSUs
45,000 shares
Each RSU represents one share of common stock upon settlement
RSU exercise price
$0.00 per unit
Exercise price for the reported Restricted Stock Units
RSU vesting date
May 8, 2027
Cliff-vesting date for 100% of the RSUs, subject to continued service
Common stock beneficially owned
0 shares
Beneficial ownership of Stewards, Inc. common stock as of the Date of Event
Key Terms
Restricted Stock Units, cliff-vest, Equity Incentive Plan, beneficially owns
4 terms
Restricted Stock Units financial
"Represents 45,000 restricted stock units granted on May 8, 2026"
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.
cliff-vest financial
"The units cliff-vest 100% on May 8, 2027, subject to continued service"
Equity Incentive Plan financial
"granted on May 8, 2026 under the issuer's 2024 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
beneficially owns financial
"The reporting person beneficially owns no shares of the issuer's common stock"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider position did Bode John B report in Stewards, Inc. (SWRD)?
He reported holding 45,000 Restricted Stock Units as a director of Stewards, Inc., with each unit representing the right to receive one share of common stock upon settlement, subject to vesting conditions described in the filing.
Does Bode John B currently own any Stewards, Inc. (SWRD) common stock?
No. The filing states that the reporting person beneficially owns no shares of Stewards, Inc. common stock as of the Date of Event, aside from the reported Restricted Stock Units, which are not yet settled into shares.
What are the terms of the 45,000 RSUs reported for SWRD?
The 45,000 RSUs were granted on May 8, 2026 under the 2024 Equity Incentive Plan and cliff-vest 100% on May 8, 2027, subject to continued service as a director. Each unit represents one share of common stock upon settlement.
Is there an exercise or purchase price for Bode John B’s SWRD RSUs?
The RSUs have an exercise price of $0.00. Each Restricted Stock Unit represents the right to receive one share of Stewards, Inc. common stock upon settlement if the vesting conditions are satisfied, with no cash exercise price required.
Do the RSUs reported for SWRD have an expiration date?
The filing notes the RSUs have no expiration date other than forfeiture if the vesting conditions are not met. They cliff-vest 100% on May 8, 2027, contingent on continued service as a director through that date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
