XBP Global (NASDAQ: XBP) awards CEO Andrej Jonovic 50,000 RSUs
Rhea-AI Filing Summary
Jonovic Andrej reported acquisition or exercise transactions in this Form 4 filing.
XBP Global Holdings, Inc. reported that Chief Executive Officer Andrej Jonovic received a grant of 50,000 Restricted Stock Units (RSUs) of common stock on April 30, 2026. The RSUs were issued under the company’s 2024 Stock Incentive Plan at a stated price of $0.00 per share.
The RSUs vest over three years, with one-third vesting on December 31, 2026, one-third on December 31, 2027, and the final third on December 31, 2028, and are payable only in stock. Following this award, Jonovic directly holds 213,200 shares of common stock. A prior 1-for-10 reverse stock split on December 12, 2025 had reduced his common stock ownership by 1,468,800 shares as an arithmetic adjustment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share | 50,000 | $0.00 | -- |
Footnotes (1)
- Represents Restricted Stock Units ("RSUs") issued to the Reporting Person under the Issuer's 2024 Stock Incentive Plan, as amended. RSUs vest over three years, with one-third of such RSUs vesting on December 31, 2026; one-third of such RSUs vesting on December 31, 2027; and the final one-third of such RSUs vesting on December 31, 2028. RSUs are payable in stock only. On December 12, 2025, the Issuer's common stock reverse split 1-for-10, resulting in a decrease of 1,468,800 shares in the reporting person's ownership of common stock.