INSEEGO (INSG) Tavistock Holdings Receives 19,654 RSU Award

What Happened
Tavistock Holdings, Inc., a reporting person that may be part of a group owning >10% of INSEEGO (INSG), was granted 19,654 restricted stock units (RSUs) on 2026-09-11. Footnotes indicate the RSUs were granted to James B. Avery (an INSEEGO director) and that Mr. Avery is obligated to transfer any shares or economic benefits from his award to Tavistock Holdings. The award was recorded at $0.00 per unit (no cash paid). The RSUs were fully vested at grant and convert into common stock on a one-for-one basis.

Key Details

• Transaction date: 2026-09-11; Transaction type: Award/Grant (code A).
• Shares/units granted: 19,654 RSUs; reported acquisition price: $0.00; total cash exchanged: $0.
• Vesting/conversion: RSUs were fully vested at grant and convert 1:1 into common stock (Footnote F2).
• Beneficial ownership notes: Mr. Avery must transfer award benefits to Tavistock Holdings, which may be deemed the direct beneficial owner (F1). Additional footnotes note securities owned by related entities (Golden Harbor Ltd., Braslyn Ltd.) and that Mr. Lewis is the sole indirect beneficial owner of those entities; Tavistock disclaims beneficial ownership of certain securities (F3–F5).
• Shares owned after the transaction: not specified in the excerpted filing.
• Filing timeliness: Report filed 2026-09-15 for a 2026-09-11 transaction — appears to be timely (Form 4 is due by the second business day after the transaction).

Context
This was an equity award (RSUs) rather than an open-market purchase or sale. Because the RSUs were fully vested at grant and convert one-for-one to common stock, they represent a direct equity grant rather than a delayed, performance-based award. The reporting entity here is an institutional/related-party owner (Tavistock and affiliated entities), not a routine open-market trade by an independent investor; such awards are typically compensation or transfer arrangements and do not necessarily signal a market view.