Teads (TEAD) CEO granted 324,000 RSUs vesting over four years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kostman David reported acquisition or exercise transactions in this Form 4 filing.
Teads Holding Co. reported that Chief Executive Officer David Kostman received a grant of 324,000 shares of Common Stock in the form of restricted stock units at no cash cost to him. Following this equity award, he directly holds 1,506,937 shares.
The units were granted under the company’s 2007 Omnibus Securities and Incentive Plan and vest over four years. One-eighth of the award will vest on June 5, 2026, and one-sixteenth will vest on September 5, 2026 and on each quarterly anniversary thereafter, subject to the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kostman David
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 324,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,506,937 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant: 324,000 shares
Grant price: $0.0000 per share
Holdings after transaction: 1,506,937 shares
+3 more
6 metrics
RSU grant
324,000 shares
Restricted stock units awarded to CEO on May 13, 2026
Grant price
$0.0000 per share
Recorded transaction price for RSU grant
Holdings after transaction
1,506,937 shares
CEO direct Common Stock ownership after award
Initial vesting tranche
One-eighth of award
Vests on June 5, 2026 under RSU schedule
Ongoing vesting tranches
One-sixteenth of award
Vests on September 5, 2026 and each quarterly anniversary
Vesting period
Four years
Total duration over which RSUs vest
Key Terms
restricted stock units, 2007 Omnibus Securities and Incentive Plan, vest, quarterly anniversary, +1 more
5 terms
restricted stock units financial
"Restricted stock units granted pursuant to the Issuer's 2007 Omnibus Securities and 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.
2007 Omnibus Securities and Incentive Plan financial
"granted pursuant to the Issuer's 2007 Omnibus Securities and Incentive Plan which vest in increments over four years"
vest financial
"which vest in increments over four years as follows: one-eighth of such awards shall vest on June 5, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
quarterly anniversary financial
"one-sixteenth of such awards shall vest on September 5, 2026, and each quarterly anniversary thereafter"
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.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What insider transaction did Teads (TEAD) report for CEO David Kostman?
Teads reported that CEO David Kostman received 324,000 restricted stock units of Common Stock as an equity award. The grant was recorded at a price of $0.0000 per share and increased his direct holdings to 1,506,937 shares after the transaction.
What is the vesting schedule for the 324,000 Teads (TEAD) restricted stock units?
The 324,000 restricted stock units vest over four years. One-eighth of the award will vest on June 5, 2026, and one-sixteenth will vest on September 5, 2026 and on each quarterly anniversary after that date, following the plan terms.
Under what plan were the Teads (TEAD) restricted stock units granted to the CEO?
The restricted stock units were granted under Teads Holding Co.’s 2007 Omnibus Securities and Incentive Plan. This plan governs equity-based awards such as restricted stock units and specifies conditions including vesting schedules for participants like the Chief Executive Officer.
Was the Teads (TEAD) CEO’s equity award a market purchase or a grant?
The filing shows the transaction as a grant or award acquisition, not a market purchase. The 324,000 restricted stock units were issued at a recorded price of $0.0000 per share, consistent with compensation awards under the company’s 2007 Omnibus Securities and Incentive Plan.
Does the Teads (TEAD) Form 4 show any stock sales by the CEO?
The Form 4 data indicates only an acquisition transaction coded as a grant, award, or other acquisition. The transaction summary shows one acquisition and no sales, gifts, tax-withholding dispositions, or derivative exercises reported for this filing date.