Marinelli Jon R 4
Research Summary
AI-generated summary
UAMY Director Jon Marinelli Receives RSU & Option Awards
What Happened
Jon R. Marinelli, a director of United States Antimony Corp (UAMY), was granted two equity awards on January 15, 2026: 1,659 restricted stock units (RSUs) and options covering 1,022 shares (total underlying shares = 2,681). No purchase or sale occurred — these are compensation awards (transaction code A). No dollar prices or strike price are reported in the filing.
Key Details
- Transaction date: January 15, 2026. Form 4 filed January 27, 2026 (filed late relative to the typical 2-business‑day requirement).
- Awards: 1,659 RSUs (F1) and stock options for 1,022 underlying shares (F2).
- Vesting: Both awards vest one‑third each on Jan 15, 2027 (553 RSU / 341 option), Jan 18, 2028, and Jan 16, 2029, contingent on continued service.
- Price/Value: Not disclosed in the provided filing excerpt (N/A).
- Shares owned after transaction: Not reported in the provided data.
- Plan: Grants made under the Issuer’s Amended & Restated 2023 Equity Incentive Plan.
- Transaction type: Derivative awards — RSUs convert to common shares at vesting; options vest but require exercise to obtain shares.
Context
RSUs are settled in shares upon vesting; stock options represent the right to buy shares later (exercise required, strike price not shown). These awards are routine compensation for insiders and do not reflect immediate buying or selling in the market. The late filing reduces timeliness of disclosure for investors but does not change the nature of the awards.