Csquare, Inc.·4

Jul 17, 4:05 PM ET

Charnock Sean Patrick 4

4 · Csquare, Inc. · Filed Jul 17, 2026

Research Summary

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Csquare (CSQR) COO Sean Charnock Receives Stock Awards

What Happened

  • Sean Patrick Charnock, Chief Operating Officer of Csquare, Inc. (CSQR), was granted equity on July 15, 2026. The filing shows an issuance of 266,666 shares at $21.00 each (total value $5,599,986) and two sets of restricted stock units (RSUs) totaling 351,570 units (330,142 and 21,428) reported as derivative awards (no immediate cash value).
  • These transactions are grants/awards (Form 4 code A), not open-market purchases or sales.

Key Details

  • Transaction date: July 15, 2026; Form filed July 17, 2026 (filed timely).
  • Shares issued: 266,666 common shares @ $21.00 — value reported $5,599,986.
  • Derivative awards: 330,142 RSUs and 21,428 RSUs reported at $0.00 (each RSU = contingent right to one share).
  • Vesting/footnotes:
    • F1: In connection with the IPO, shares of common stock were issued; of the reported amount, 200,000 shares remain subject to time‑based vesting (1/3 vests April 30, 2027 and on the next two anniversaries).
    • F2: Confirms each RSU equals the right to one share.
    • F3: 330,142 “IPO rollover” RSUs vest in equal annual installments over five years, starting March 30, 2027.
    • F4: 21,428 RSUs vest in equal annual installments over three years, starting July 15, 2027.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Transaction code: A = Award/Grant. No indication of a 10b5-1 plan or tax-withholding sale in this filing.

Context

  • These are company-issued awards tied to the IPO and the company’s Omnibus Incentive Plan — issuance and vesting schedules mean the shares/RSUs are time- and service-conditioned, not immediate open-market purchases.
  • Awards are common for executives and do not by themselves indicate buying/selling sentiment in the market; they reflect compensation and retention arrangements.

Insider Transaction Report

Form 4
Period: 2026-07-15
Charnock Sean Patrick
Chief Operating Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-07-15$21.00/sh+266,666$5,599,986266,666 total
  • Award

    Restricted Stock Units

    [F2][F3]
    2026-07-15+330,142330,142 total
    Common Stock (330,142 underlying)
  • Award

    Restricted Stock Units

    [F2][F4]
    2026-07-15+21,42821,428 total
    Common Stock (21,428 underlying)
Footnotes (4)
  • [F1]As a result of the initial public offering ("IPO") of Csquare, Inc. (the "Issuer"), reflects the issuance of shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock"). Of the amount reported, 200,000 shares remain subject to time-based vesting conditions, with 1/3 vesting on each of April 30, 2027 and the next two anniversaries thereafter.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
  • [F3]Consists of IPO rollover restricted stock units granted to the Reporting Person under the Csquare, Inc. 2026 Omnibus Incentive Plan (the "Omnibus Incentive Plan") that will vest in equal annual installments over five years, with an initial vesting date of March 30, 2027.
  • [F4]Consists of restricted stock units granted to the Reporting Person under the Omnibus Incentive Plan that will vest in equal annual installments over three years, with an initial vesting date of July 15, 2027.
Signature
/s/ Catherine Smith, as Attorney-in-Fact|2026-07-17

Documents

1 file
  • 4
    es260808256_4-charnock.xmlPrimary

    OWNERSHIP DOCUMENT