Urban One (UONEK) director gets $75,000 restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MITCHELL B DOYLE JR reported acquisition or exercise transactions in this Form 4 filing.
Urban One, Inc. director Mitchell B. Doyle Jr. received a grant of 17,442 shares of Class D Common Stock as restricted stock on July 15, 2026. The award was based on a $75,000 reference amount and a $4.30 closing price, will vest in two equal annual installments beginning July 15, 2027, and brings his direct Class D holdings to 39,151 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MITCHELL B DOYLE JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class D Common Stock | 17,442 | $0.00 | -- |
Holdings After Transaction:
Class D Common Stock — 39,151 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock award: 17,442 shares
Post-award holdings: 39,151 shares
Award reference value: $75,000
+2 more
5 metrics
Restricted stock award
17,442 shares
Class D Common Stock granted to director on July 15, 2026
Post-award holdings
39,151 shares
Total Class D shares held directly after the grant
Award reference value
$75,000
Reference amount used to determine number of restricted shares granted
Closing price
$4.30 per share
Closing price of Class D shares on July 15, 2026
Vesting installments
2 installments
Vests in two equal annual installments beginning July 15, 2027
Key Terms
restricted stock, Rule 16b-3, vesting, Class D Common Stock
4 terms
restricted stock financial
"Represents an award of restricted stock, pursuant to Rule 16b-3"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Rule 16b-3 regulatory
"Represents an award of restricted stock, pursuant to Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
vesting financial
"which will vest in two equal annual installments beginning July 15, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class D Common Stock financial
"security_title": "Class D Common Stock""
FAQ
What insider transaction did Urban One (UONE) report for Mitchell B. Doyle Jr.?
Urban One reported that director Mitchell B. Doyle Jr. received a restricted stock grant of 17,442 Class D Common shares on July 15, 2026. The award is equity compensation, not an open-market purchase, and will vest over time in two annual installments.
What value and price determined the Urban One (UONE) restricted stock grant size?
The restricted stock grant size was based on a reference value of $75,000 divided by the $4.30 closing price of Urban One’s Class D shares on July 15, 2026. This calculation resulted in the 17,442 restricted shares awarded to the director.
When will the Urban One (UONE) restricted stock award to the director vest?
The restricted stock award will vest in two equal annual installments beginning on July 15, 2027. This means half of the shares vest on that date, with the remaining half vesting one year later, subject to the award’s standard vesting conditions.
Is the Urban One (UONE) director’s grant an open-market insider purchase?
No. The transaction is classified as a grant or award of restricted stock under Rule 16b-3, not an open-market purchase. It reflects equity-based director compensation, awarded at no cash cost per share, with vesting beginning July 15, 2027.