Yu Cao 4
Research Summary
AI-generated summary
FiEE CFO Yu Cao Receives RSU Award (143,561 shares)
What Happened
- Yu Cao, Chief Financial Officer of FiEE, Inc. (FIEE), received an award of 143,561 restricted stock units (RSUs) on 2026-05-12. The filing reports an acquisition price of $0.00 for the award (code A), so no cash changed hands on grant. The filing was submitted on 2026-05-14.
Key Details
- Transaction date: 2026-05-12; Form 4 filed: 2026-05-14 (timely filing within the standard two-business-day window).
- Type: Award/Grant of RSUs (transaction code A).
- Shares/units granted: 143,561 RSUs; reported acquisition price: $0.00; reported total value at grant: $0 (RSUs represent contingent rights to shares).
- Vesting: 30% on the first anniversary, 30% on the second anniversary, and 40% on the third anniversary of the grant date, contingent on continued employment (see footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding, or sale reported in this filing.
Context
- RSUs are a form of equity compensation that convert to actual shares only if and when they vest per the schedule and employment conditions. Because this is a grant (not an open-market purchase or sale), it reflects compensation rather than an immediate market bet by the insider.
- To estimate economic value, multiply the number of RSUs by FiEE’s share price on the grant date; that market value is not provided in the filing.