KNOWLES MICHAEL 4
Research Summary
AI-generated summary
ONE STOP SYSTEMS (OSS) CEO Michael Knowles Receives 101,862-Share Award
What Happened
- Michael Knowles, CEO of ONE STOP SYSTEMS, INC. (OSS), received an award of 101,862 restricted stock units (RSUs) on February 7, 2026. The RSUs were granted as an award (Form 4 code A) at an acquisition price of $0.00. The grant represents a future right to receive common shares subject to vesting conditions rather than an immediate open‑market purchase.
Key Details
- Transaction date: 2026-02-07; Grant type: Award/Grant (A); Acquisition price reported: $0.00.
- Shares acquired: 101,862 restricted stock units granted.
- Shares owned after transaction: not explicitly stated on the face of the summary; filing footnote indicates the reporting person holds 470,035 unvested RSUs.
- Footnotes: F1 — 101,862 RSUs granted under the Company’s 2017 Equity Incentive Plan for ongoing executive service. F2 — Includes 470,035 unvested RSUs held by the reporting person, all subject to vesting conditions.
- Filing: Form 4 filed 2026-02-11 reporting the Feb 7 transaction. Note that SEC rules generally require Form 4s within two business days of a transaction; this filing occurred several days after the transaction date.
Context
- RSU grants are compensation-based awards that vest over time or upon meeting performance/service conditions and do not represent immediate cash investment by the insider. They are not the same as an open‑market purchase or sale and should be viewed as company compensation/retention activity rather than a direct bullish or bearish trading signal.