4Accepted Sep 29, 9:23 PM ET
StartEngine (STGC) CFO Strassman Hunter Receives RSU Award
Accepted (ET)
9:23 PM
Sep 29, 2026
Filed
Sep 29, 2026
Documents
1
Size
6.4 KB
Summary
StartEngine (STGC) CFO Strassman Hunter Receives RSU Award
What Happened
Strassman Hunter, Chief Financial Officer of StartEngine Inc. (STGC), was granted 6,000,000 restricted stock units (RSUs) on September 28, 2026. The RSUs were awarded at $0.00 (no cash purchase) and are derivative awards that represent the right to receive one share of common stock per vested RSU upon settlement. The filing lists the grant as a derivative acquisition (code A).
Key Details
- Transaction date: 2026-09-28; filing date: 2026-09-29 (timely).
- Award: 6,000,000 RSUs; price shown $0.00 (no cash paid). Value will depend on StartEngine’s future share price at settlement.
- Vesting: RSUs vest in 48 equal monthly installments beginning 9/28/2026 (see footnote). They fully vest earlier if certain liquidity events occur.
- Forfeiture/expiration: Absent vesting or a liquidity event, RSUs auto-forfeit on the earlier of 9/28/2036 (10 years) or the fifth anniversary of termination of active service.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — each RSU converts to one share (or cash or combination) at settlement per company discretion. F2 — monthly 48-month vesting, accelerated on liquidity events, forfeiture terms as above.
Context
This was a grant of deferred compensation (RSUs), not an open-market purchase or sale. RSUs are common for executive pay and do not immediately transfer shares — value is realized only as RSUs vest and are settled (in stock or cash). Such awards are typically part of compensation and do not by themselves indicate insider buying or selling sentiment.