Vivmark (VMRK) Director Chris Carr Receives Award of 2,620 Shares
$VMRK · VIVMARK RESIDENTIALResearch Summary
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Vivmark (VMRK) Director Chris Carr Receives Award of 2,620 Shares
What Happened Chris Carr, a director of Vivmark Residential (VMRK), received an award of 2,620 restricted common shares on August 17, 2026. The shares were granted at $0.00 per share (i.e., not purchased) and are scheduled to vest on August 17, 2027 subject to prospective service through the 2027 Annual Meeting. This is a compensation-type grant rather than an open-market purchase or sale.
Key Details
- Transaction date: August 17, 2026; Form 4 filed August 19, 2026.
- Transaction type/code: Award/Grant (A); 2,620 shares granted at $0.00 per share.
- Vesting: Shares are restricted for prospective service from Aug 17, 2026 through the 2027 Annual Meeting and scheduled to vest on Aug 17, 2027 (Footnote F1).
- Shares owned after transaction: Not specified in the provided filing (Footnote F2 notes the director's direct total includes these restricted shares).
- Filing timeliness: Form 4 was filed two days after the transaction date, which is consistent with standard insider reporting deadlines.
Context Restricted-share awards to directors are common as part of compensation and retention programs; they do not represent an immediate cash investment or sale. Because these shares vest based on continued service, they reflect compensation-based ownership that will convert to freely tradable stock only if vesting conditions are met.