Zevia PBC (NYSE: ZVIA) awards director 72,464 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ruben Andrew reported acquisition or exercise transactions in this Form 4 filing.
Zevia PBC director Andrew Ruben received a grant of restricted stock units (RSUs) tied to the company’s Class A Common Stock as equity compensation. The award covers 72,464 RSUs, each representing one future share under the Zevia PBC 2021 Equity Incentive Plan.
These RSUs vest on the earlier of June 10, 2027 or Zevia’s 2027 annual meeting of stockholders, and are settled in shares within 30 days after vesting. Following this grant, Ruben holds 299,432 Class A shares directly, including the 72,464 RSUs, and 9,560 shares indirectly through The Ruben Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ruben Andrew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 72,464 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 299,432 shares (Direct, null);
Class A Common Stock — 9,560 shares (Indirect, By The Ruben Family Trust)
Footnotes (1)
- Represents restricted stock units ("RSUs") granted under the Zevia PBC 2021 Equity Incentive Plan. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. The RSUs vest on the earlier to occur of (i) June 10, 2027 or (ii) the Issuer's 2027 annual meeting of stockholders and are settled within 30 days following such vesting date. Includes 72,464 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 72,464 RSUs vest on the earlier to occur of (i) June 10, 2027 or (ii) the Issuer's 2027 annual meeting of stockholders and are settled within 30 days following such vesting date.
Key Figures
RSU grant size: 72,464 RSUs
RSU grant price: $0.0000 per share
Vesting date trigger: June 10, 2027
+3 more
6 metrics
RSU grant size
72,464 RSUs
Restricted stock units granted under 2021 Equity Incentive Plan
RSU grant price
$0.0000 per share
Stated transaction price per RSU on grant
Vesting date trigger
June 10, 2027
Vests on this date or 2027 annual meeting, whichever is earlier
Settlement window
30 days
RSUs settled in shares within 30 days after vesting
Direct holdings after grant
299,432 shares
Class A Common Stock held directly following the RSU grant
Indirect trust holdings
9,560 shares
Class A Common Stock held via The Ruben Family Trust
Key Terms
restricted stock units ("RSUs"), Zevia PBC 2021 Equity Incentive Plan, Class A Common Stock, annual meeting of stockholders, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted under the Zevia PBC 2021 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Zevia PBC 2021 Equity Incentive Plan financial
"Represents restricted stock units ("RSUs") granted under the Zevia PBC 2021 Equity Incentive Plan."
Class A Common Stock financial
"Each RSU represents the right to receive one share of Class A Common Stock of the Issuer."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
annual meeting of stockholders financial
"The RSUs vest on the earlier to occur of (i) June 10, 2027 or (ii) the Issuer's 2027 annual meeting of stockholders."
settled within 30 days financial
"and are settled within 30 days following such vesting date."
FAQ
What did Zevia (ZVIA) director Andrew Ruben report in this Form 4?
Andrew Ruben reported receiving a grant of 72,464 restricted stock units (RSUs) in Zevia PBC Class A Common Stock. The RSUs are equity compensation under the 2021 Equity Incentive Plan, not open-market share purchases or sales.
How many Zevia (ZVIA) RSUs were granted to Andrew Ruben and at what price?
Andrew Ruben was granted 72,464 RSUs with a stated transaction price per share of $0.0000. This reflects a compensation award structure, where units convert into shares at vesting rather than being bought in the market.
When do Andrew Ruben’s Zevia (ZVIA) RSUs vest and settle?
The 72,464 RSUs vest on the earlier of June 10, 2027 or Zevia’s 2027 annual meeting of stockholders. They are then settled in Class A Common Stock within 30 days after the applicable vesting date.
Are Andrew Ruben’s Zevia (ZVIA) RSUs part of a specific equity plan?
Yes. The 72,464 RSUs are granted under the Zevia PBC 2021 Equity Incentive Plan. Each RSU represents the right to receive one share of Zevia Class A Common Stock upon vesting and settlement, subject to the plan’s terms.