Cook Steven R. E. 4
4 · Csquare, Inc. · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
Csquare (CSQR) CFO Steven R.E. Cook Receives Equity Award
What Happened
Steven R. E. Cook, Chief Financial Officer of Csquare, Inc. (CSQR), was granted a package of equity awards in connection with the company's IPO on July 15, 2026. The filing shows: 380,952 shares issued at $21.00 each (total value $7,999,992) and 296,547 restricted stock units (RSUs) reported at $0 (275,119 + 21,428) that are derivative awards representing rights to future common shares.
Key Details
- Transaction date: July 15, 2026; Form 4 filed July 17, 2026 (two days after the transaction).
- Grants reported:
- 380,952 shares issued at $21.00 each — total reported value $7,999,992 (F1).
- 275,119 RSUs (IPO rollover RSUs) — granted under the 2026 Omnibus Incentive Plan and reported at $0 (F2, F3).
- 21,428 RSUs — granted under the Omnibus Incentive Plan and reported at $0 (F2, F4).
- Vesting notes:
- Of the 380,952 shares, 285,714 remain subject to time-based vesting: 1/3 vests on April 30, 2027 and on each of the next two anniversaries (F1).
- The 275,119 IPO rollover RSUs vest in equal annual installments over five years, starting March 30, 2027 (F3).
- The 21,428 RSUs vest in equal annual installments over three years, starting July 15, 2027 (F4).
- Shares owned after the transaction: not specified in the filing.
Context
These were awards/grants tied to the IPO (an acquisition of equity), not open-market purchases or sales. The priced share issuance ($21 each) represents immediate issuance with a reported value (~$8.0M); the RSUs are derivative awards that convert to common shares only if and as they vest. Such grants are common for senior executives as part of IPO compensation and include vesting restrictions that limit immediate liquidity.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-15$21.00/sh+380,952$7,999,992→ 380,952 total - Award
Restricted Stock Units
[F2][F3]2026-07-15+275,119→ 275,119 total→ Common Stock (275,119 underlying) - Award
Restricted Stock Units
[F2][F4]2026-07-15+21,428→ 21,428 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, 285,714 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.