Dunning Audrey 4

What Happened

• Director Audrey Dunning was granted 2,777 restricted stock units (RSUs) on June 30, 2026 (transaction code A). The grant price/unit is reported at $1.26, giving a reported grant value of $3,499. The RSUs are a contingent right to receive one share per RSU upon vesting and are scheduled to vest on March 1, 2027.

Key Details

• Transaction date and filing: Grant dated 2026-06-30; Form 4 filed 2026-07-02 (timely).
• Reported per-share amount: $1.26; total reported value: $3,499.
• Reported holdings after the transaction (per filing footnotes): 32,485 shares of common stock beneficially owned; additional RSUs including 5,743 RSUs scheduled to vest March 1, 2027 and 20,000 RSUs scheduled to vest August 13, 2026. Filing also references deferred stock units (DSUs) that convert to shares upon separation from service.
• Footnotes: F1 describes the 2,777 RSUs and March 1, 2027 vest date; F2 summarizes other RSUs and owned shares; F3 notes DSUs will be issued upon separation from service.
• Filing appears timely (filed two business days after the grant).

Context

• RSU grants are compensation awards (not open-market purchases or sales). They represent a future right to stock if vesting conditions are met and do not by themselves indicate the insider’s intent to buy or sell shares.
• The reported grant value is modest ($3.5k). Retail investors often watch purchases more closely as potential bullish signals, while routine compensation grants are common for directors and executives.