Urban One (UONEK) director receives 17,442-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
URBAN ONE, INC. director Brian W. McNeill reported an acquisition of 17,442 shares of Class D Common Stock as a restricted stock award. According to the disclosure, the award value was $75,000, determined using the $4.30 closing price of the Class D shares on July 15, 2026. The award will vest in two equal annual installments beginning July 15, 2027. Following this grant, McNeill directly holds 40,863 Class D shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCNEILL BRIAN W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class D Common Stock | 17,442 | $0.00 | -- |
Holdings After Transaction:
Class D Common Stock — 40,863 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock granted: 17,442 shares
Award value: $75,000
Closing price on grant date: $4.30
+3 more
6 metrics
Restricted stock granted
17,442 shares
Class D Common Stock award to director Brian W. McNeill
Award value
$75,000
Value used to determine the number of restricted shares granted
Closing price on grant date
$4.30
Closing price of Class D shares on July 15, 2026 used for award calculation
Transaction price per share
$0.00
Compensation grant, not an open-market purchase
Shares after transaction
40,863 shares
Total Class D shares directly held by Brian W. McNeill after grant
Vesting start date
July 15, 2027
First of two equal annual vesting installments
Key Terms
restricted stock, Rule 16b-3, Class D Common Stock
3 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.
Class D Common Stock financial
"The closing price of the Company's Class D shares on July 15, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Urban One (UONE) director Brian W. McNeill report?
Brian W. McNeill reported a grant of 17,442 shares of Urban One Class D Common Stock as a restricted stock award. The grant is compensation-related and was made at no cash cost per share to McNeill.
What is the vesting schedule for Brian McNeill’s Urban One (UONE) restricted stock?
The 17,442 restricted shares will vest in two equal annual installments beginning on July 15, 2027. That means half the award vests in 2027 and the remaining half vests one year later, subject to the award terms.
Under what rule was the Urban One (UONE) restricted stock award to Brian McNeill granted?
The restricted stock award was granted pursuant to Rule 16b-3, which governs certain insider compensation-related transactions. This rule allows board-approved equity compensation without triggering the usual short-swing profit rules.