Vivmark (VMRK) Director Timothy Naughton Receives Award

What Happened

Timothy J. Naughton, a director of Vivmark Residential (VMRK), received an award of 2,620 restricted shares on 2026-08-17. The shares were granted at $0.00 (total $0) as an equity award rather than a market purchase or sale and are scheduled to vest on August 17, 2027.

Key Details

• Transaction type/code: Award/Grant (A) on 2026-08-17; Form 4 filed 2026-08-19 (timely within required 2 business days).
• Shares granted: 2,620 restricted common shares; price reported $0.00; aggregate acquisition $0.
• Vesting: Per filing (F1), these restricted shares are for prospective service from Aug 17, 2026 until the 2027 Annual Meeting and are scheduled to vest on Aug 17, 2027.
• Ownership reporting: The filing notes these restricted shares are included in the reporting person’s direct total ownership (F2).
• Indirect holdings: The filing notes indirect beneficial ownership reported via spouse through a Family Trust, which the reporting person disclaims (F3).
• No indication in the filing of an immediate sale, tax withholding, or a 10b5-1 plan.

Context

This was an equity compensation grant to a director (common corporate practice) rather than an open-market purchase or sale. Because the shares are restricted and subject to vesting, they are not immediately liquid or tradable and thus do not necessarily signal an immediate change in insider market sentiment.