WEISENBURGER RANDALL J 4
Research Summary
AI-generated summary
Corsair (CRSR) Director Randall Weisenburger Receives RSUs & Option
What Happened
- Randall J. Weisenburger, a director of Corsair Gaming, received two awards on June 16, 2026: 10,020 restricted stock units (RSUs) and a derivative award covering 16,367 shares (a stock option/award). Both grants were recorded at $0.00 per share (no cash paid at grant).
- The RSUs represent contingent rights to one share of common stock per RSU upon vesting; the option award becomes exercisable for all shares subject to the award once it vests. No shares were sold or exercised in this filing — these are grant/award events, not sales.
Key Details
- Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (appears timely under the two-business-day Form 4 rule).
- Grants: 10,020 RSUs (acquired at $0.00) and 16,367-share derivative award (acquired at $0.00); total reported cash value at grant: $0.
- Vesting: Both awards vest 100% on the earlier of (i) one year after June 16, 2026, or (ii) the day before the next annual meeting of stockholders, subject to continued service.
- Shares owned after transaction: not reported in this Form 4.
- Remarks: Exhibit 24 (Power of Attorney) is attached to the filing.
Context
- These are compensation grants (awards), not purchases or sales — common for directors as part of long-term compensation. Grants are typically intended for retention and align pay with company performance over time.
- The derivative award is an option/award that will simply become exercisable on vesting; there is no indication of a cashless exercise or immediate sale in this filing.
- No 10b5-1 plan, tax-withholding sale, or other special conditions were disclosed in the filing.