Veritone (VERI) director Michael Keithley awarded 240,000 RSUs in stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Keithley Michael reported acquisition or exercise transactions in this Form 4 filing.
Veritone, Inc. director Michael Keithley reported compensation-related equity grants rather than open-market trades. On July 7, 2026, he received two awards of restricted stock units, each covering 120,000 shares of common stock, for a total of 240,000 RSUs.
One 120,000-unit grant will vest in full on the earlier of July 7, 2027 or the day immediately before Veritone’s 2027 annual meeting of stockholders. The other 120,000-unit grant will vest 50% on that same earlier date and 50% on March 14, 2028. The awards were granted at no cash cost per share and increase his direct equity stake, with one line of the filing showing 300,000 common shares held directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Keithley Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 120,000 | $0.00 | -- |
| Grant/Award | Common Stock | 120,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 180,000 shares (Direct)
Footnotes (1)
- 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. 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
RSU grant 1 size: 120,000 shares
RSU grant 2 size: 120,000 shares
Post-grant holdings: 300,000 shares
+3 more
6 metrics
RSU grant 1 size
120,000 shares
Restricted stock units granted on July 7, 2026; single-vest date structure
RSU grant 2 size
120,000 shares
Restricted stock units granted on July 7, 2026; two-tranche vesting
Post-grant holdings
300,000 shares
Common stock directly held after one reported transaction line
Grant price per share
$0.00 per share
Equity awards granted at no cash cost to the director
Cliff vesting date
July 7, 2027
Earlier of this date or day before 2027 annual meeting for first grant
Final vesting date
March 14, 2028
Second 50% tranche vesting date for the second 120,000-unit grant
Key Terms
restricted stock units ("RSUs"), annual meeting of stockholders, grant/award acquisition, common stock
4 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs") representing the right to receive upon vesting a total of 120,000 shares"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual meeting of stockholders financial
"the day immediately preceding the date of the issuer's 2027 annual meeting of stockholders"
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
common stock financial
"120,000 shares of the issuer's common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Veritone (VERI) director Michael Keithley report in this Form 4?
He reported two equity compensation grants of restricted stock units totaling 240,000 shares of Veritone common stock, received on July 7, 2026, increasing his reported direct holdings without any open-market buying or selling.
How many Veritone (VERI) RSUs did Michael Keithley receive?
He received two separate restricted stock unit grants, each covering 120,000 shares of Veritone common stock, for a combined total of 240,000 RSUs awarded as director compensation on July 7, 2026.
When do Michael Keithley’s Veritone (VERI) RSUs vest?
One 120,000-unit RSU award vests entirely on the earlier of July 7, 2027, or the day before Veritone’s 2027 annual meeting. The second vests 50% on that earlier date and 50% on March 14, 2028.