Director Quinn Shayna Theresa gets 3,174 VWAV shares in $24,000 equity grant
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
VisionWave Holdings, Inc. reported initial director equity holdings for Quinn Shayna Theresa. She received an annual equity grant of 3,174 shares of common stock as director compensation, valued at $24,000 under the company’s 2024 Omnibus Equity Incentive Plan.
The grant is structured as restricted stock that vests in full after twelve months of continuous board service, with accelerated vesting upon a Change in Control, death, or disability. Following this grant, Quinn Shayna Theresa holds 3,174 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Quinn Shayna Theresa
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 3,174 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 3,174 shares
Grant value: $24,000
Share price used for grant: $7.56 per share
+1 more
4 metrics
Restricted shares granted
3,174 shares
Annual director equity grant valued for partial year of service
Grant value
$24,000
Director service fee converted into restricted stock
Share price used for grant
$7.56 per share
Closing price on April 15, 2026 used to size grant
Vesting period
12 months
Restricted stock vests after twelve months of continuous service
Key Terms
restricted stock, 2024 Omnibus Equity Incentive Plan, Change in Control
3 terms
restricted stock financial
"Represents an annual equity grant of restricted stock valued for a partial year of service"
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.
2024 Omnibus Equity Incentive Plan financial
"under the Company's 2024 Omnibus Equity Incentive Plan vesting in full after twelve months"
Change in Control financial
"subject to accelerated vesting upon a Change in Control (as defined in the plan)"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What does VisionWave Holdings (VWAV) report in this Form 3 for Quinn Shayna Theresa?
VisionWave Holdings reports that director Quinn Shayna Theresa holds 3,174 shares of common stock. These shares come from an annual equity grant valued at $24,000 under the company’s 2024 Omnibus Equity Incentive Plan as part of her board compensation.
How was the director equity grant for Quinn Shayna Theresa at VWAV valued?
The equity grant was valued at $24,000, calculated by dividing that amount by the $7.56 closing price of VisionWave’s common stock on April 15, 2026. This resulted in a grant of 3,174 restricted shares of common stock for her partial year of service.