Upexi (UPXI) awards director Dugan Lawrence 100,000 restricted shares
Rhea-AI Filing Summary
Dugan Lawrence reported acquisition or exercise transactions in this Form 4 filing.
Upexi, Inc. director Dugan Lawrence received a grant of 100,000 shares of restricted common stock as equity compensation. The award was issued under the company’s 2019 Incentive Stock Plan and vests in four equal quarterly installments, with full vesting on July 1, 2027, subject to continued service. Following this grant, Lawrence directly holds 216,389 Upexi common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
1 txn
Insider
Dugan Lawrence
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 100,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 216,389 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock granted pursuant to the Issuer's 2019 Incentive Stock Plan, as amended, that vests in four equal quarterly installments, with full vesting on July 1, 2027, subject to continued service.
Key Figures
Restricted stock granted: 100,000 shares
Shares owned after grant: 216,389 shares
Vesting installments: 4 quarterly installments
+1 more
4 metrics
Restricted stock granted
100,000 shares
Equity award of common stock to director Dugan Lawrence
Shares owned after grant
216,389 shares
Total direct Upexi common shares held by Lawrence following the award
Vesting installments
4 quarterly installments
Restricted stock vests in four equal quarterly tranches
Full vesting date
July 1, 2027
Date when all granted restricted shares are scheduled to be fully vested
Key Terms
restricted stock, 2019 Incentive Stock Plan, vests in four equal quarterly installments
3 terms
restricted stock financial
"Represents restricted stock granted pursuant to the Issuer's 2019 Incentive"
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.
2019 Incentive Stock Plan financial
"granted pursuant to the Issuer's 2019 Incentive Stock Plan, as amended"
vests in four equal quarterly installments financial
"that vests in four equal quarterly installments, with full vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Upexi (UPXI) director Dugan Lawrence report?
Director Dugan Lawrence reported receiving a grant of 100,000 shares of restricted common stock from Upexi. The award is equity compensation, not an open-market purchase, and was issued under the company’s 2019 Incentive Stock Plan with multi-year vesting conditions.
What is the vesting schedule for Dugan Lawrence’s Upexi (UPXI) restricted stock?
The 100,000 restricted shares vest in four equal quarterly installments, with full vesting scheduled for July 1, 2027, subject to continued service. This means portions of the award become exercisable over time rather than immediately.
Was the Upexi (UPXI) restricted stock grant made under a company incentive plan?
Yes. The filing states the award represents restricted stock granted under Upexi’s 2019 Incentive Stock Plan, as amended. The plan-based grant vests in four equal quarterly installments, fully vesting on July 1, 2027, assuming continued service.
Is the Upexi (UPXI) Form 4 transaction tied to a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not marked as an affirmative trading plan. The reported activity is a compensatory restricted stock grant rather than discretionary buying or selling pursuant to a pre-arranged Rule 10b5-1 plan.