Vertical Data Inc.: director David Hackett received 49,561 shares

What happened

• David Hackett, a director of Vertical Data Inc., received RSU grants totaling 49,561 shares: 31,712 RSUs on Sep 17, 2026 and 17,849 RSUs on Oct 6, 2026. The transaction entries report an acquisition price of $0.00 for each grant. Footnotes show the RSU counts were determined from target grant values of $150,000 and $100,000 using the issuer's 30-day VWAP.

Key details

• Transaction dates and prices: Sep 17, 2026 — 31,712 RSUs at $0.00; Oct 6, 2026 — 17,849 RSUs at $0.00.
• Shares owned after the transactions: not stated in the filing.
• Vesting and settlement:
  • Sep 17 grant: RSUs were 100% vested on the grant date, settle solely in shares on a one-for-one basis, and the underlying shares are to be delivered no later than Mar 15, 2027 (footnotes F1, F2).
  • Oct 6 grant: 4,462 RSUs vested on the grant date; remaining RSUs vest in installments of 4,462 on Dec 31, 2026, 4,462 on Mar 31, 2027 and 4,463 on Jun 30, 2027, subject to continued Board service; vested RSUs settle in shares as soon as practicable after each vesting date (footnote F5).
• Grants were approved by the board and intended to be exempt from Section 16(b) under Rule 16b-3(d) (footnote F3).
• Grants were made at no cash cost to the reporting person; the first RSU count was computed by dividing $150,000 by $4.73, the 30-day VWAP ended Sep 15, 2026 (footnote F4); the second by dividing $100,000 by $5.6023, the 30-day VWAP ended Oct 5, 2026 (footnote F6).
• Form filed on Oct 9, 2026; timeliness of the filing is not specified in the form.

Why it may matter

• These entries report RSU grants, not open-market purchases or sales; some or all of the RSUs settle into shares on specified vesting dates rather than being sold at grant.
• The Sep 17 grant was fully vested on the grant date; the Oct 6 grant vests in multiple installments and is subject to continued service.
• A filing does not show why the insider traded or why the company acted.