Galant Paul 4
Research Summary
AI-generated summary
Resolute Holdings (RHLD) Director Paul Galant Receives Stock Option Award
What Happened
Paul Galant, a director of Resolute Holdings Management, Inc. (RHLD), was granted a derivative award of 1,452 share-based instruments on June 11, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 (total reported value $0). This is an equity compensation grant rather than a market purchase or sale.
Key Details
- Transaction date: 2026-06-11; filing date: 2026-06-15 (filed on time).
- Type: Award/Grant (derivative) — 1,452 shares reported as acquired at $0.00.
- Vesting: The footnote states the stock options vest in equal annual installments of 25% each, on June 11, 2027 and on the first, second, and third anniversaries thereafter.
- Shares owned after transaction: not specified in the provided filing details.
- Transaction code: A (award/grant). No 10b5-1 plan, tax withholding, or sale noted in this filing.
Context
This is a standard director compensation grant and should be viewed as part of pay/retention practices rather than a market-timed purchase or sale. The award vests over four years, so it does not represent immediately sellable shares.