Urgent.ly CEO receives 23,000-share RSU grant
Booth Matthew reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Booth Matthew reported acquisition or exercise transactions in this Form 4 filing.
Urgent.ly Inc. Chief Executive Officer Matthew Booth received an equity award of 23,000 shares of common stock in the form of restricted stock units valued at $5.40 per share. These RSUs vest in four equal annual installments beginning on April 8, 2027. Following this grant, Booth directly holds 81,842 shares of Urgent.ly common stock, showing a significant portion of his compensation remains tied to the company’s future performance.
Insider Trade Summary
Grant/Award: 23,000 shares
Grant/Award
1 txn
Insider
Booth Matthew
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,000 | $5.40 | $124K |
Holdings After Transaction:
Common Stock — 81,842 shares (Direct)
Footnotes (1)
- F1. The reported shares are represented by restricted stock units, or RSUs, which vest in four equal annual installments beginning on April 8, 2027.
Key Figures
RSU grant size: 23,000 shares
Grant value per share: $5.40 per share
Total holdings after grant: 81,842 shares
+2 more
5 metrics
RSU grant size
23,000 shares
Restricted stock units awarded to CEO Matthew Booth
Grant value per share
$5.40 per share
Reference value for the RSU award
Total holdings after grant
81,842 shares
Direct Urgent.ly common stock held by CEO after award
Vesting schedule length
4 annual installments
RSUs vest over four equal yearly tranches
Vesting start date
April 8, 2027
First vesting date for the RSU award
Key Terms
restricted stock units, RSUs, vest, Form 4, +1 more
5 terms
restricted stock units financial
"The reported shares are represented by restricted stock units, or RSUs, which vest in four equal annual installments"
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.
RSUs financial
"The reported shares are represented by restricted stock units, or RSUs, which vest in four equal annual installments"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vest financial
"which vest in four equal annual installments beginning on April 8, 2027"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Executive Officer financial
"officer_title": "Chief Executive Officer""
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Urgent.ly (ULY) CEO Matthew Booth report in this Form 4?
Matthew Booth reported receiving 23,000 restricted stock units of Urgent.ly common stock. The RSUs were valued at $5.40 per share and are part of his equity compensation, increasing his direct holdings to 81,842 shares after the award.
How do Matthew Booth’s new RSUs in Urgent.ly (ULY) vest over time?
The 23,000 restricted stock units vest in four equal annual installments. Vesting begins on April 8, 2027, meaning one-quarter of the RSUs convert into shares each year over four years, aligning compensation with longer-term company performance.
What does the $5.40 figure in the Urgent.ly (ULY) Form 4 represent?
The $5.40 figure represents the grant value per share used for the 23,000 restricted stock units awarded to Matthew Booth. It is an accounting value for the equity grant, not necessarily a market trade price from an open-market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
