Urban One (UONE) awards director Terry L. Jones $75,000 in stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JONES TERRY L reported acquisition or exercise transactions in this Form 4 filing.
URBAN ONE, INC. director Terry L. Jones received a grant of 17,442 shares of Class D Common Stock as a restricted stock award under Rule 16b-3, at no cash cost. The award, valued at $75,000 based on a $4.30 closing price on July 15, 2026, will vest in two equal annual installments beginning July 15, 2027. Following this grant, Jones directly holds 66,616 Class D shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JONES TERRY L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class D Common Stock | 17,442 | $0.00 | -- |
Holdings After Transaction:
Class D Common Stock — 66,616 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 17,442 shares of Class D Common Stock
Award value: $75,000
Closing price used for grant: $4.30 per share
+2 more
5 metrics
Restricted shares granted
17,442 shares of Class D Common Stock
Award of restricted stock to director Terry L. Jones on July 15, 2026
Award value
$75,000
Number of shares determined by dividing $75,000 by the closing price
Closing price used for grant
$4.30 per share
Closing price of Class D shares on July 15, 2026 used to size award
Post-grant holdings
66,616 shares
Total Class D shares directly held by Terry L. Jones after the award
Vesting schedule
Two equal annual installments
Restricted stock begins vesting July 15, 2027 in two equal annual installments
Key Terms
restricted stock, Rule 16b-3, Class D Common Stock, vesting
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, which will vest"
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
"security_title": "Class D Common Stock""
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.
FAQ
What insider transaction did Urban One (UONE) report for Terry L. Jones?
Urban One reported that director Terry L. Jones received a restricted stock award of 17,442 Class D shares. The grant was made at no cash cost to him and is structured as equity compensation under Rule 16b-3 with future vesting conditions.
What is the dollar value and pricing basis of Terry L. Jones’s Urban One (UONE) stock award?
The award represents $75,000 in value, calculated by dividing that amount by Urban One’s Class D share closing price of $4.30 on July 15, 2026. This price was used solely to determine the number of shares granted in the award.
When will Terry L. Jones’s Urban One (UONE) restricted stock award vest?
The restricted stock award will vest in two equal annual installments beginning July 15, 2027. Each year, half of the granted 17,442 Class D shares is scheduled to vest, assuming all vesting conditions are satisfied at those dates.
Was Terry L. Jones’s Urban One (UONE) stock award an open-market purchase?
No. The transaction was a grant/award acquisition of restricted stock under Rule 16b-3, with a reported price of $0.00 per share. It reflects equity compensation rather than an open-market buy of Urban One Class D shares.