Veritone director granted 240,000 RSUs
Zilis Michael reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Zilis Michael reported acquisition or exercise transactions in this Form 4 filing.
Veritone director Michael Zilis reported receiving equity awards in the form of restricted stock units (RSUs). He was granted 120,000 RSUs that will vest in full on the earlier of July 7, 2027, or the day immediately before Veritone’s 2027 annual meeting of stockholders.
A separate grant of 120,000 RSUs was also reported. For this award, 50% will vest on the earlier of July 7, 2027, or the day immediately before the 2027 annual meeting, and the remaining 50% will vest on March 14, 2028. These RSUs represent the right to receive shares of Veritone common stock upon vesting and reflect stock-based compensation rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 120,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 120,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Consists of restricted stock units ("RSUs") representing the right to receive upon vesting a total of 120,000 shares of the issuer's common stock. All such RSUs will vest on the earlier of July 7, 2027, or the day immediately preceding the date of the issuer's 2027 annual meeting of stockholders.
- F2. Consists of RSUs representing the right to receive upon vesting a total of 120,000 shares of the issuer's common stock. Fifty percent of such RSUs will vest on the earlier of July 7, 2027, or the day immediately preceding the date of the issuer's 2027 annual meeting of stockholders and 50% of such RSUs will vest on March 14, 2028.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
vesting financial
annual meeting of stockholders financial
transaction code "A" regulatory
FAQ
What insider transaction did Veritone (VERI) director Michael Zilis report?
When do Michael Zilis’s Veritone (VERI) RSUs vest?
Are Michael Zilis’s Veritone (VERI) RSU grants open-market stock purchases?
What does transaction code “A” mean in Michael Zilis’s Veritone (VERI) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.