Strive (ASST) Chief Legal Officer Brian Beirne Receives Award

What Happened
Brian Logan Beirne, Chief Legal Officer and director of Strive, Inc. (ASST), was granted 87,535 performance stock units (PSUs) on August 7, 2026. The award was reported as an acquisition at $0.00 per unit (a compensation grant/derivative award). No shares were issued immediately — the PSUs are a contingent right to receive shares if performance goals are met.

Key Details

• Transaction date: August 7, 2026; Form 4 filed August 10, 2026.
• Grant: 87,535 performance stock units (PSUs) recorded at $0.00 (award/derivative).
• Shares owned after transaction: not specified in the provided filing data.
• Footnote (F1): Each PSU represents a contingent right to one Class A share if predetermined total shareholder return (TSR) targets are met vs. Bitcoin and the Russell 3000 over the three-year performance period Jan 1, 2026–Dec 31, 2028. The target number may pay out between 0% and 200% of the target PSUs.
• No sale or exercise occurred; this is a compensation grant rather than an open-market purchase or disposition.

Context Performance stock units are a form of equity compensation that vests (or converts into shares) only if specified performance metrics are achieved during the performance period. Because PSUs are contingent, this grant does not represent an immediate purchase or sale of stock and does not guarantee future share delivery or a specific dollar value. Such awards are commonly used to align executive pay with long-term company performance; they should be viewed differently than outright purchases or sales when assessing insider sentiment.