WiSA Technologies CFO Brett Moyer Receives 175K Shares in Stock Grant
Brett Moyer, Chief Financial Officer and Director of WiSA Technologies, reported receiving 175,124 shares of common stock on June 25, 2025, as compensation under the company's 2018 Long-Term Stock Incentive Plan.
Rhea-AI Filing Summary
Brett Moyer, Chief Financial Officer and Director of WiSA Technologies, reported receiving 175,124 shares of common stock on June 25, 2025, as compensation under the company's 2018 Long-Term Stock Incentive Plan.
Key details of the transaction:
- The shares were granted at $0 cost as part of executive compensation
- Following the transaction, Moyer directly owns 898,419 shares
- The LTIP shares will vest in equal installments from September 20, 2025, to June 20, 2028
- Vesting occurs quarterly on fixed dates (September 20, December 20, March 20, and June 20)
- Vesting is contingent on Moyer's continued service with the company
This Form 4 filing indicates significant insider equity compensation, aligning the executive's interests with long-term shareholder value through a structured vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 175,124 | $0.00 | $0.00 |
Footnotes (1)
- F1. 175,124 shares (the "LTIP Shares") of common stock, par value $0.0001 per share, of the issuer were received as compensation for the reporting person's service as a member of the issuer's board of directors and as an officer pursuant to the issuer's 2018 Long-Term Stock Incentive Plan (the "Grant"). The LTIP Shares associated with the Grant are scheduled to vest in equal installments, from the period from September 20, 2025 to June 20, 2028, on each September 20th, December 20th, March 20th and June 20th, so long as the reporting person remains in the service of the issuer on each such date.
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What positions does Brett Moyer hold at WISA Technologies as of June 2025?
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