Vuzix Corp (VUZI) director receives 29,412 RSUs vesting June 2027
Rhea-AI Filing Summary
Harned Timothy Heydenreich reported acquisition or exercise transactions in this Form 4 filing.
Vuzix Corp director Harned Timothy Heydenreich received an equity award of 29,412 restricted share units (RSUs) on July 15, 2026. Each RSU represents a contingent right to receive one share of common stock and will vest on June 30, 2027, subject to his continued service. Following this grant, he directly holds 29,412 RSUs and 318,158 shares of common stock, totaling 347,570 securities beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 29,412 shares
Net Buy
1 txn
Insider
Harned Timothy Heydenreich
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 29,412 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 347,570 shares (Direct)
Footnotes (2)
- F1. The reported transaction involved the Reporting Person's receipt of 29,412 restricted share units ("RSUs"). The RSUs were granted pursuant to the applicable RSU agreement and the Vuzix Corp. 2023 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of common stock upon vesting. The 29,412 RSUs shall vest on June 30, 2027, subject to the Reporting Person's continued service.
- F2. The total reported in Column 5 includes (i) the 29,412 newly awarded RSUs, of which 0 have vested and (ii) 318,158 shares of common stock.
Key Figures
RSUs granted: 29,412 RSUs
Vesting date: June 30, 2027
Common shares held: 318,158 shares
+2 more
5 metrics
RSUs granted
29,412 RSUs
Restricted share units awarded on July 15, 2026
Vesting date
June 30, 2027
RSUs vest subject to continued service
Common shares held
318,158 shares
Shares of common stock beneficially owned after the award
Total direct holdings
347,570 securities
Sum of common shares and newly awarded RSUs after transaction
Award price
$0.0000 per share
Grant, award, or other acquisition of RSUs
Key Terms
restricted share units, Vuzix Corp. 2023 Equity Incentive Plan, contingent right, vesting
4 terms
Vuzix Corp. 2023 Equity Incentive Plan financial
"RSUs were granted pursuant to the applicable RSU agreement and the Vuzix Corp. 2023 Equity Incentive Plan."
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
vesting financial
"RSUs shall vest on June 30, 2027, subject to the Reporting Person's continued service."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Vuzix Corp (VUZI) report in this Form 4?
Vuzix Corp reported that director Harned Timothy Heydenreich received an award of 29,412 restricted share units (RSUs) on July 15, 2026. The award is equity compensation, not an open-market stock purchase or sale.
When do the 29,412 RSUs granted to the VUZI director vest?
The 29,412 RSUs granted to the Vuzix Corp (VUZI) director will vest on June 30, 2027. Vesting is subject to his continued service with the company through that date, according to the award terms.
How many Vuzix Corp (VUZI) securities does the director hold after this RSU award?
After the award, the director directly holds 347,570 Vuzix securities, consisting of 29,412 RSUs and 318,158 shares of common stock. This total reflects his beneficial ownership reported following the July 15, 2026 grant.
What plan governs the 29,412 RSUs granted by Vuzix Corp (VUZI)?
The 29,412 RSUs were granted under the Vuzix Corp. 2023 Equity Incentive Plan. The award is documented in an applicable RSU agreement and represents equity-based compensation for the director’s service to the company.
Does the Vuzix Corp (VUZI) director pay cash for the 29,412 RSUs?
No cash payment is indicated; the RSUs were reported with a per-share price of $0.0000. This reflects a grant or award of equity compensation rather than a market purchase of Vuzix common stock.