WiSA Director's Long-Term Stock Grant Shows Confidence in Company Future
Rhea-AI Filing Summary
WiSA Technologies director Wendy Wilson received 26,372 shares of common stock on June 25, 2025, as compensation for board service under the company's 2018 Long-Term Stock Incentive Plan. Following this transaction, Wilson now owns 120,366 shares directly.
Key details of the stock grant:
- Shares were granted at $0 cost to the director
- Vesting occurs in equal installments from September 20, 2025 to June 20, 2028
- Quarterly vesting dates: March 20, June 20, September 20, and December 20
- Vesting is contingent on continued service with the company
This Form 4 filing represents a standard director compensation arrangement through equity grants, demonstrating the company's approach to aligning board member interests with shareholders through long-term vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 26,372 shares
Net Buy
1 txn
Insider
Wilson Wendy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,372 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 120,366 shares (Direct)
Footnotes (1)
- F1. 26,372 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 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is the vesting schedule for Wendy Wilson's WISA stock grant?
The LTIP Shares will vest in equal installments from September 20, 2025 to June 20, 2028, with vesting occurring quarterly on each September 20th, December 20th, March 20th, and June 20th, contingent on Wilson remaining in service with the company.
When did Wendy Wilson sign the Form 4 for her WISA stock acquisition?
Wendy Wilson signed the Form 4 on June 27, 2025, reporting the transaction that occurred on June 25, 2025.