Urban One (NASDAQ: UONE) grants director 17,442 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARMSTRONG D GEOFFREY reported acquisition or exercise transactions in this Form 4 filing.
URBAN ONE, INC. director D. Geoffrey Armstrong received a grant of 17,442 shares of Class D Common Stock as a restricted stock award pursuant to Rule 16b-3. The award will vest in two equal annual installments beginning July 15, 2027. The share amount was determined by dividing $75,000 by the $4.30 closing price of the company’s Class D shares on July 15, 2026. After this award, Armstrong holds 57,806 shares in total across all classes of Urban One stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ARMSTRONG D GEOFFREY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class D Common Stock | 17,442 | $0.00 | -- |
Holdings After Transaction:
Class D Common Stock — 57,806 shares (Direct)
Footnotes (1)
- Represents an award of restricted stock, pursuant to Rule 16b-3, which will vest in two equal annual installments beginning July 15, 2027. The number of shares was determined by dividing $75,000 by the closing price of the Company's Class D shares on July 15, 2026. The closing price of the Class D shares on that date was $4.30. The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock Classes A,B,C, and D.
Key Figures
Restricted shares awarded: 17,442 shares
Grant value basis: $75,000
Closing price used: $4.30
+3 more
6 metrics
Restricted shares awarded
17,442 shares
Class D Common Stock grant to director D. Geoffrey Armstrong
Grant value basis
$75,000
Dollar amount used to determine number of restricted shares granted
Closing price used
$4.30
Closing price of Class D shares on July 15, 2026 used to size award
Total holdings after grant
57,806 shares
Aggregate Urban One shares held across Classes A, B, C, and D
Vesting installments
2 annual installments
Restricted stock vests in two equal annual tranches
Vesting start date
July 15, 2027
Date first half of restricted stock award begins to vest
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, which will vest"
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
"The closing price of the Company's Class D shares on July 15, 2026 was $4.30"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock grant did Urban One (UONE) director D. Geoffrey Armstrong receive?
D. Geoffrey Armstrong received a restricted stock award of 17,442 shares of Urban One Class D Common Stock. This grant was made at $0.00 per share as director compensation and is structured to vest over time rather than as an immediate, freely tradable share award.
How was the size of D. Geoffrey Armstrong's Urban One (UONE) stock award calculated?
The award size was determined by dividing $75,000 by the $4.30 closing price of Urban One’s Class D shares on July 15, 2026. This calculation produced 17,442 restricted shares, aligning the grant with a targeted grant-date value of approximately $75,000.