Director Mark Zagorski gains 20,000-share RSU award at Teads (NASDAQ: TEAD)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zagorski Mark reported acquisition or exercise transactions in this Form 4 filing.
Teads Holding Co. director Mark Zagorski received an equity award of 20,000 shares on May 13, 2026. The Form 4 shows this as a grant or award of common stock at a price of $0.00 per share, reflecting compensation rather than an open-market purchase.
According to the footnote, the award consists of restricted stock units granted under Teads Holding Co.'s 2021 Long-Term Incentive Plan. These units vest in twelve equal quarterly installments over three years, beginning on June 5, 2026. After this grant, Zagorski directly holds 72,500 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zagorski Mark
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 72,500 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 20,000 shares
Award price per share: $0.00 per share
Post-transaction holdings: 72,500 shares
+2 more
5 metrics
Equity award size
20,000 shares
Grant or award of common stock on May 13, 2026
Award price per share
$0.00 per share
Recorded grant price for the 20,000-share award
Post-transaction holdings
72,500 shares
Total common shares directly held after the grant
Vesting schedule length
3 years
RSUs vest over three years beginning June 5, 2026
Vesting installments
12 equal increments
Quarterly vesting of restricted stock units
Key Terms
Restricted stock units, 2021 Long-Term Incentive Plan, vest in twelve equal increments, quarterly anniversary
4 terms
Restricted stock units financial
"Restricted stock units granted pursuant to the Issuer's 2021 Long-Term Incentive Plan"
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.
2021 Long-Term Incentive Plan financial
"Restricted stock units granted pursuant to the Issuer's 2021 Long-Term Incentive Plan"
vest in twelve equal increments financial
"which vest in twelve equal increments over a period of three years"
quarterly anniversary financial
"over a period of three years beginning June 5, 2026, and on each quarterly anniversary thereof"
A quarterly anniversary marks the date that occurs every three months after a specific event, such as an investment or a business milestone. It is similar to a birthday that repeats four times a year, helping investors track the timing of important updates or changes. Recognizing these anniversaries allows investors to stay informed about progress and make timely decisions.
FAQ
What insider transaction did Teads Holding Co. (TEAD) report for Mark Zagorski?
Teads Holding Co. reported that director Mark Zagorski received a grant of 20,000 shares as equity compensation. The award is recorded at $0.00 per share and increases his direct holdings to 72,500 common shares after the transaction.
Was the Teads (TEAD) insider transaction an open-market buy or a compensation grant?
The transaction was a compensation-related grant, not an open-market purchase. The Form 4 identifies it as a grant or award at $0.00 per share, and the footnote describes it as restricted stock units under the 2021 Long-Term Incentive Plan.
How do Mark Zagorski’s Teads (TEAD) holdings change after this Form 4 grant?
Following the grant, Mark Zagorski directly holds 72,500 shares of Teads common stock. The transaction added 20,000 shares to his position, reflecting an equity award rather than a market trade, and is reported as direct ownership.
How do the Teads (TEAD) restricted stock units for Mark Zagorski vest?
The restricted stock units vest in twelve equal installments over three years. Vesting begins on June 5, 2026, and continues on each quarterly anniversary, creating a gradual schedule that ties full ownership of the shares to continued service over time.
Under which plan were Mark Zagorski’s Teads (TEAD) restricted stock units granted?
The restricted stock units were granted under Teads Holding Co.'s 2021 Long-Term Incentive Plan. This plan provides equity-based awards, such as RSUs, to align directors’ and employees’ compensation with the company’s long-term performance and shareholder interests.